Nonparametric estimators provide a flexible means of uncovering salient features of auction data. Although these … provide several suggestions for nonparamteric estimation of first-price auction models. Specifically, we show how to impose … monotonicity of the equilibrium bidding strategy; a key property of structural auction models not guaranteed in standard …

Bidders' risk attitudes have key implications for choices of revenue-maximizing auction formats. In ascending auctions … entry costs but contains exogenous variations of potential competition and auction characteristics. In the first scenario … equilibrium entry probabilities vary with observed auction characteristics and potential competition. We also show identification …

of position auctions are analyzed. Implications for reserve prices and a number of other auction design questions are …

leasehold rights be sold at public auction. There are two main types of auction: regular English auction and an unusual type … which we call a "two stage auction". The latter type of auction seems more subject to corruption, and to side deals between … positive selection as city officials divert hotter properties to a more corruptible auction form. The paper finds that, overall …

A large body of research has explored the importance of auction design and information structure for auction outcomes …. Much less work has considered the importance of the auction process. For example, in many auctions, auctioneers are present … and can impact the process of the auction by varying starting prices, level of price adjustments, the speed of the auction …

. Bidders can "buy-it-now" at a posted price, or "take-a-chance" in an auction where the top d > 1 bidders are equally likely to … mechanism increases revenue by 4.4% and consumer surplus by 14.5% compared to an optimal second-price auction. …

Regulating bidder participation in auctions can potentially increase efficiency compared to standard auction formats … with free entry. We show that the relative performance of two such mechanisms, a standard first-price auction with free … entry and an entry rights auction, depends non-monotonically on the precision of information that bidders have about their …

asymmetric, multi-object, all-pay auction framework in Bodoh-Creed and Hickman (2014). We pay 5th through 8th grade students …