price, political campaign, and school grading …

We establish nonparametric identification of auction models with continuous unobserved heterogeneity using three … propose a simple scheme that achieves nearly optimal revenue by using the appraisal value as the reserve price …

The Combinatorial Clock Auction is a two-stage auction format, which has been used to sell spectrum licenses worldwide …-maximizing package, in each round of the clock phase. A second-price rule should set incentives to bid truthfully in both phases. If …, then the auction is fully efficient. Unfortunately, bidders might neither bid straightforward in the clock phase nor …

directors resolves to sell a corporation, it must obtain the highest price reasonably available. Auction theory posits that, in …In light of recent developments in auction theory, this Article re-examines Delaware corporate law governing directors … the rules of the auction. Delaware law, however, does not fully endorse directors' ability to make such precommitments …

auction’s desired incentive and efficiency properties without quasilinearity. While a fully efficient mechanism is impossible …, we show that any undominated outcome of the Vickrey auction has a negligible inefficiency when bidder wealth effects are … sufficiently small. In order to show this, we first place bounds on undominated bid behavior in the Vickrey auction when bidders …

price auction (SPA), while weak bidder prefers first price auction (FPA) bid. …This paper will review important topics on the subject of auction theory and mechanism design, these include … tells us that if buyers and sellers both have private information full efficiency is impossible, however Vickrey auction …

This note describes an efficient way to auction off vaccines in a pandemic …

information disclosure. But if the seller uses a second-price auction instead, concealing additional information about the house … selling mechanism, including an auction, and release additional information about the house to buyers. Release of information … adjusts the buyers' values and bids. We find that the optimal mechanism is a combination of the optimal auction and full …

volatility loadings, during the hided call auction period in stock market, will increase their price and lowers their average …By using the equality test and panel regression, we study the effects of around the last five minutes call auction of … underlying stock market on price behaviors of continuous trading TAIFEX index futures. First, continuous trading enables a better …