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farm auctions and evaluates the impact of price guarantees and subsidies on auction efficiency, government revenue, and …Globally, governments increasingly rely on auctions to advance renewable energy. This paper studies the design of wind … experiment suggests that the price guarantee improves efficiency and that it often increases production and revenue. An important …
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all-pay sealed-bid auction in a laboratory experiment where bidders can signal information through their bidding behaviour …We study the relative performance of the first-price sealed-bid auction, the second-price sealed-bid auction, and the …-bid auction in which the bidders’ payments are revealed outperforms the other mechanisms in terms of revenue, while this mechanism …
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