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(MGMM), exploiting straight-forward modifications of the instruments, can achieve substantial efficiency gains and bias …
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We study the existence of efficient auctions in private value settings in which some bidders form their expectations about the distribution of their competitor's bids based on the accessible data from past similar auctions consisting of bids and ex post values. We consider steady states in such...
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efficiency gains and follow guidelines to address a wider range of planetary boundary impacts and Scope 3 emissions beyond …
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