This paper compares equilibrium bidding strategies in the discriminatory-price auction (DPA) and the uniform-price auction (UPA) when at least two identical and indivisible units of a good sold to a multi-unit bidder (i.e., with demand for two units of the good) and a set of single-unit bidders....

This paper studies the consignment auction as an allocation mechanism for emission permits among polluting firms. By assuming firms have non-increasing marginal values for the permits and linear bid functions, we characterize a class of linear equilibria in a divisible consignment auction with...