examine the effect of increased competition on auction performance: We find that increased competition reduced bidder surplus … aggressive bidding. Counterfactuals establish that as competition increases, concerns regarding auction format play a smaller …

. In the preparation of the auction, two designs involving each a hybrid of an English and a sealed-bid auction were … suggested by the government: a discriminatory and a uniform price variant. We report an experiment on these two designs, and … also compare the results to those with a pure English auction. Both hybrids are similar in efficiency, revenue differences …

Canadian province of Alberta has on the price producers pay for the right to extract oil. We exploit a regression discontinuity … design to evaluate how prices differ along regulation boundaries that constrain resource development. The auction format and …

In second price internet auctions with a fixed end time, such as those on eBay, many bidders snipe , i.e., they submit … their bids in the closing minutes or seconds of an auction. Late bids of this sort are much less frequent in auctions that … second price internet auctions, in which very late bids have a positive probability of not being successfully submitted, and …

This paper provides a structural empirical analysis of Dutch auctions of houseplants at the flower auction in Aalsmeer …, the Netherlands. The data set is unique for Dutch auctions in the sense that it includes observations of all losing bids … auction participants, and as such these data are collectible due to neurological constraints on information processing. The …

-bidders' auction is similar to the Hawk-Dove game, which motivates to study symmetric NEs: Properties and comparative statics are …

addition, we derive various properties of the allocation and price system obtained by the auction. … constrained bidders. Succeedingly we propose an ascending auction mechanism that always results in an equilibrium allocation and … price system. By starting with the reservation price of each item, the auctioneer announces the current prices of the items …

detailed price information. We find that anobligation to divest lowers prices by over 2% while the auctioning of licenses … withoutsuch an obligation has no discernible effect. We find weak evidence for price effects onnearby competitors. …