We study a symmetric private value auction with signaling, in which the auction outcome is used by an outside observer … exists in the second-price auction and the English auction. We establish there is no equivalence between these two auction … clock, affects signaling incentives differently in both auction formats, and thereby also the bidders’ incentives to overbid …

. Employing an order-balanced design, we use first-price auctions (FPAs) to expose participants to an auction format in which …

This paper proposes a framework for demand estimation with data on bids, bidders' identities, and auction covariates … dynamic auction model with IPV and private bidding costs it follows that if participation is optimal the bidder searches with … a reservation bid for low-price auctions. Extending results from the empirical auction literature and employing a …

We study the optimal entry fee in a symmetric private value first-price auction with signaling, in which the … participation decisions and the auction outcome are used by an outside observer to infer the bidders’ types. We show that this … auction has a unique fully separating equilibrium bidding function. When the bidders’ sensibility for the signaling concern is …

. Employing an order-balanced design, we use first-price auctions (FPAs) to expose participants to an auction format in which …

information’ assumption. The ad value is characterized by a tractable analytical solution given observed auction parameters. Using … Yahoo! search auction data, we estimate value distributions and study the bidding behavior across product categories. We …