an intransparent negotiation yields a higher buyer surplus than a transparent auction for a range of parameters. In …

employment office or head hunter. In a centralised descending-bid, multi-item procurement auction, workers submitwage-bids for …

policy risk. Yet most end investors place their Treasury auction bids through an intermediary rather than submit them …, information aggregators increase expected auction revenue but also make the revenue more sensitive to changes in asset value. We …