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The most important issues in auction design are the traditional concerns of competition policy - preventing collusive …, and the Anglo-Dutch auction - a hybrid of the sealed-bid and ascending auctions - may often perform better. Effective anti … fail in the Netherlands and elsewhere. Auction design is not "one size fits all". We also discuss the 3G spectrum auctions …
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the literature in the framework of the SEAMO (simultaneous English auction for multiple objects) don't have a counterpart … in the JAMO (Japanese auction for multiple objects). We show however that certain retaliatory equilibria do exist in both …
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We describe the economics literature on auction markets, with an emphasis on the connection between theory, empirical …
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We study a problem of optimal auction design in the realistic case in which the players can collude both on the way … they play in the auction and on their participation decisions. Despite the fact that the principal's opportunities for …
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