Saucedo Cepeda, Abraham - 2023
) the likelihood an auction is won by its highest-bidder. I conduct an auction experiment with bribery in which auctioneers … exchange for an auctioned item, b) their preference over soliciting a bribe from an auction’s highest- or lowest-bidder, and c … aligning auctioneers’ personal profit-maximization objectives with the desired outcome of the auction mechanism reduces the …