Many auctions and procurement contests entail nontrivial bidding costs, which makes the bidders' participation decisions endogenous to the auction design. We analyze the effect of different auction rules on potential bidders' incentives to participate. We focus on first-price auctions with...

Rank-rank regression is commonly employed in economic research as a way of capturing the relationship between two economic variables. It frequently features in studies of intergenerational mobility as the resulting coefficient, capturing the rank correlation between the variables, is easy to...