, versus the option of making the reserve public by using it as the minimum bid level. In a field experiment, we auction 50 …

We develop a competitive equilibrium theory of a market for votes. Before voting on a binary issue, individuals may buy …

our predictions in a laboratory experiment that compares two-bidder auctions with one prize and 20-bidder auctions with …

have a fixed end time. A natural experiment is available because the auctions on Amazon, while operating under otherwise …

from the field context of the task that theory purports to explain. Using common value auction theory as our guide, we … identify naturally occurring settings in which one can test the theory. In our treatments the subjects are not picked at random … conclude that the theory predicts field behavior well when one is able to identify naturally occurring field counterparts to …

of price competition on contract execution. We analyze a unique experiment run by a large utility company in Italy which … suppliers, are long-lasting (for at least 10 years after the initial experiment) and are reflected in higher service quality by …