We experimentally study bidding behavior in sequential first-price procurement auctions where bidders' capacity constraints are private information. Treatment differs in the ex-ante probability distribution of sellers' capacities and in the (exogenous) probability that the second auction is...

We experimentally study the effects of allotment Ð the division of an item into several units Ð in independent private value auctions. In particular, we compare a single-item, first-price auction with two equivalent treatments with allotment: a two-unit discriminatory auction and a setting in...