In Buy-It-Now auctions, sellers can post a take-it-or-leave-it price offer prior to an auction. While the literature …

cognitive skills. Employing an order-balanced design, we use first-price auctions (FPAs) to expose participants to an auction …Overbidding in sealed-bid second-price auctions (SPAs) has been shown to be persistent and associated with cognitive …

to auction prices substantially below those expected in second-price auctions. Our results reveal that the observed price … deviations are not an artefact due to the existence of the BIN price, rather a consequence of the specific features of the eBay-auction … format - a mixture between sealed-bid and open second-price auction with a fixed end-time. Moreover, we find that information …

first-price sealed-bid auction result in higher bids. We show that such behavior can be explained as a rational response to …-established ranking that the Dutch auction generates lower revenue than the first-price sealed-bid auction crucially depends on the size … biased beliefs. In Dutch auctions, the effect of a starting price, is negative. We demonstrate that the long …

We study an in.nitely-repeated .rst-price auction with common values. Initially, bid-ders receive independent private …

We consider a dynamic auction problem motivated by the traditional single-leg, multi-period revenue management problem …

bids. We consider such auctions when two bidders alternate in raising their bids and where all aspects of the auction are … minimal necessary increment aþects the outcome of the auction. We also study the impact of budget caps on total bids. We show …

and sufficient conditions for the existence of a symmetric monotonic pure strategy equilibrium in first-price auctions …