cognitive skills. Employing an order-balanced design, we use first-price auctions (FPAs) to expose participants to an auction …

In Buy-It-Now auctions, sellers can post a take-it-or-leave-it price offer prior to an auction. While the literature …

studied for non-rivalrous goods. I examine an auction framework where the good sold can be used simultaneously by multiple … bidders if their use does not conflict with others; this simultaneous use directly affects the efficiency of the auction. A … price auction over non-conflicting groups and examine how non-rivalry impacts both efficiency and collusion. Conditions are …

their auction end at the evening, when many potential buyers may be online. …

auction with an additional buyer is conducted. The theoretical model predicts that with risk neutral agents all sales take … place in the auction rendering the negotiation prior to the auction obsolete. An experimental test of the model provides …

research has found that auctions have an influence on the market yield days before they take place, and underpricing is usually … deeper and more accurately these two findings by taking Italy as a case study. Our results question the so-called auction … cycle and do not signal underpricing when a perfect matching between the auctioned bond and the market quote used is ensured. …

with these predictions, meetings between the Treasury and primary dealers, as well as auction announcements, explain a 2 …