We explore the role of capacity constraints in establishing efficient pricing in multi-unit common value auctions in a …

We consider how information concentration affects a seller’s revenue in common value auctions. The common value is a …

Potential bidders respond to a seller's choice of auction mechanism for a common-value or affiliated-values asset by … revenue-inferior for any common-value auction. Characterization of optimal auctions is otherwise contentless, in that any …

€™s curse in common-value auctions and overbidding in those independent-private-value auctions without the uniform value …

Information aggregation, a key concern for uniform-price, common-value auctions with many bidders, has been …

Potential bidders respond to a seller's choice of auction mechanism for a common-value or affiliated-values asset by … revenue-inferior for any common-value auction. Optimal auctions are otherwise contentless: any auction that sells without …