well as other recently opened lending websites allow people to auction microcredit over the internet and are in line with …

I study a principal's optimal choice of constraint for an agent participating in an auction (or auction-like allocation … that the optimal auction with budget-constrained bidders has a standard solution analogous to the one for classic models. …

better off under the dynamic mechanism relative to a Vickrey-like auction because the intermediaries are more able to exploit …-like auction. Finally, I show that in large markets the dynamic mechanism and Vickrey-like auction have the same expected total …

pay, under symmetric independent private values. The first-price auction is the unique credible static mechanism. The … ascending auction is the unique credible strategy-proof mechanism …

I study auctions in which firms bid for licenses that reduce their marginal costs in a post-auction downstream market …. When there are three or more firms, I show that the Vickrey--Clarke--Groves (VCG) auction maximizes consumer surplus in … surplus is ambiguous. When the VCG auction does not maximize consumer surplus, I show that consumer surplus can be maximized …

We investigate the impact of using a clear scoring rule in a sealed bid multi-dimensional (A+B) procurement auction, as …

services per year, we leverage our characterization of the optimal mechanism to study the design of first-price-auction …