This dissertation, which consists of three essays, studies online auctions boththeoretically and empirically.The first essay studies a special online auction format used by eBay, “Buy-It-Now” (BIN) auctions, in which bidders are allowed to buy the item at a fixed BINprice set by the seller...

This dissertation is a compilation of essays highlighting the usefulness of gametheory in understanding socio-economic phenomena. The second chapter tries toprovide a reason for the strict codes of conduct that have been imposed on unmarriedgirls in almost every society at some point of time in...

This dissertation examines reputation, the belief of the decision maker abouttypes of advisors, in incomplete information games with multiple advisors. The decisionmaker believes that an advisor can be one of two types – an advisor who isbiased towards suggesting any particular advice...

In common-value auctions and contests economic agents often havevarying levels of information regarding the value of the good to be allocated.Using theoretical and experimental analysis, I examine the effect of suchinformation asymmetry on behavior.Chapter II considers a model in which players...

The note examines the susceptibility of envy-free variants of Knaster procedure to manipulations and collusions .

We propose a theoretical approach to bandwidth choice for continuous-time Markov processes. We do so in the context of stationary and nonstationary processes of the recurrent kind. The procedure consists of two steps. In the first step, by invoking local Gaussianity, we suggest an automated...

In this paper we propose a locally interactive model which explains both the cross sectional dynamics as well as the possibility of multiple long run equilibria. Firms can choose between two technologies say 1 and 0; the returns from technology 1 are affected by the number of neighboring firms...

In this paper we provide a simple locally interactive dynamic model of technology choice and output production. We assume a Cobb-Douglas type production function for two available technologies. The returns to technology 0 are not affected by local spillovers. Technology 1 is more costly, as...

The main objective of this paper is to propose a feasible, model free estimator of the predictive density of integrated volatility. In this sense, we extend recent papers by Andersen et a]. [Andersen, T.G., Bollerslev,T., Diebold, FX, Labys, P., 2003. Modelling and forecasting realized...

This article makes two contributions. First, we outline a simple simulation-based framework for constructing conditional distributions for multifactor and multidimensional diffusion processes, for the case where the functional form of the conditional density is unknown. The distributions can be...