This paper provides a structural empirical analysis of Dutch auctions of houseplants at the flower auction in Aalsmeer …, the Netherlands. The data set is unique for Dutch auctions in the sense that it includes observations of all losing bids … auction participants, and as such these data are collectible due to neurological constraints on information processing. The …

An Anglo-Dutch premium auction consists of an English auction followed by a Dutch auction, with a cash premium paid to …-Dutch premium auction is particularly well-suited to do both. Modeling equilibrium play theoretically, we predict a positive …-Dutch premium auction appears to have been an effective solution to a complex early market design problem …

auction in the world. We find that there is a substantial price decline and suggest that the presence of a buyer's option …, whereby the winner of the first auction has the opportunity to buy the remaining units at the winning price, is a main … this declining price anomaly. In this paper we analyze data on sequential Dutch auctions of roses from the largest flower …

This paper provides a structural empirical analysis of Dutch auctions of houseplants at the flower auction in Aalsmeer …, the Netherlands. The data set is unique for Dutch auctions in the sense that it includes observations of all losing bids … auction participants, and as such these data are collectible due to neurological constraints on information processing. The …

In this paper I review the Dutch UMTS-auction that took place in the summer of 2000 and which, in contrast to the UK … and German auctions, was generally considered to be a major flop. I analyse the policy process leading to the auction as … well as the bidding behaviour in the auction, and provide an evaluation of both. I demonstrate that the case contains …

include these costs and explain this belief. We first present a decision-theoretic model of a slow Dutch auction. While simple … develop a game-theoretic model of a slow Dutch auction. We derive two symmetric, payoff-equivalent equilibria of the game in …

simultaneous, multiple round auction that was proposed by US-economists and that had been tested in the U.S. This paper describes … how the decision to auction came about, it details the auction rules, and it analyzes the resulting outcomes …

is for sale, Dutch and first-price sealed bid auctions are strategically equivalent in standard models, and therefore …, they should yield the same revenue for the auctioneer. We study Dutch and first-price sealed bid auctions in the laboratory …, with a specific emphasis on the speed of the clock in the Dutch auction. At fast clock speeds revenue in the Dutch auction …

with such preferences. We show that the Dutch auction systematically yields a higher revenue than the first-price auction … in the expected utility case. We also show that introducing a "buy-it-now-price" to the first-price auction increases …This paper investigates first-price and Dutch auctions when bidders have preferences exhibiting the Allais paradox. We …

bid on prices, but also received points for three proxies of the quality of their services: their reputation, a … scoring weights of the quality items result in higher price bids, particularly of WTW-firms that are bidding for the first … time as entrants. For the WTW-firms that won the procurements, we find a higher weight for both the reputation and the …