The first part of the paper reports the results from a sequence of laboratory experiments comparing the bidding behavior for multiple contracts in three different sealed bid auction mechanisms; first-price simultaneous, first-price sequential and first-price combinatorial bidding. The design of...

This paper presents the outcome of an experiment where the standard one shot sealed bid procurement auction for two identical goods provides the benchmark. Inducing scale economies a combinatorial auction is applied on the situation with non-linear costs. The mechanisms are first run without,...

Within the common-value paradigm, I examine the magnitude of the difference in expected outcome between first-price and second-price, sealed-bid auctions. I limit myself to two empirical specifications of bidders' signals: Weibull and normal distribution. The optimal bid functions and the...

The Green Corridor (GC) initiative, pursued by the Swedish government and the European Commission, is intended to be a platform for innovation for long-distance freight transport aiming for more green and efficient solutions by enhanced use of economies of scale and development of new...

Combinatorial procurement auctions are desirable as they enable bidding firms to pass their potential cost synergies on to the procuring entity and may lead to a reduction in cost for the procuring entity and enhancing efficiency. However, an assessment of the benefits of the combinatorial...