with three auction formats that make bidding difficult in different ways. We find that measures of ‘difficulty’ provide a …

An auction is used to sell a resource that is then developed by the winning buyer to generate a profit. Two forms of … general PSCs with nontrivial profit sharing than in an auction with only a one-time payment. …

men do in the first-price auction, while we find no evidence of a gender difference in bidding or earnings in the second …-price auction. Focusing on the first-price auction, we find that, while the gender gap in bidding and earnings persists over the …

payment rule coincides with the payment rule of the Vickrey Auction. …

both theoretical insights and behavioral intuition, we examine another all-pay mechanism, the “bucket auction,” and show …

We study multi-object auctions in the presence of post-auction trade opportunities among bidders who have either single … allocated efficiently at the auction stage whether resale markets are present or not. The simultaneous second-price, on the … resale in second-price auctions decreases the efficiency rate at the auction stage compared to the no resale case. However …

loans, employed an auction mechanism amongst lenders to finance each borrower's loan until 2010. Given that a basic premise … of social lending is cheap loans for borrowers, how does the Prosper auction do in terms of the borrower's payment, when … lenders are strategic agents with private true interest rates? We first analyze the Prosper auction as a game of complete …