compared to any single-stage auction. Finally we derive the optimal efficient two-stage mechanism. …

In a lab experiment, we analyze the benefits of increasing competition on auction platforms hosting multiple … auctioneers of a homogeneous good. We find that increasing competition by merging separated individual auctions increases market …

We investigate the impact of using a clear scoring rule in a sealed bid multi-dimensional (A+B) procurement auction, as … concealing the scoring rule affected buyers. Using an experiment, we analyze the effect of transparently communicating the …

The Combinatorial Clock Auction (CCA) has frequently been used in recent spectrum auctions. It combines a dynamic clock …

We experimentally implement security-bid auctions, which are used around the world to sell projects that generate large …-post revenue. Contrary to the theoretical predictions, we find that debt auctions generate more revenue than equity auctions. This … is explained by overbidding in debt auctions. Furthermore, we find that second-price equity auctions generate slightly …

formal and informal rules of the auction trade for real estate and argues that 19 th century real estate auctions did not …In the 19 th century, auctions became a widespread form of transaction for real estate in England. Contemporaries … interests that played a deci- sive role in the establishment of the auction mechanism. The article provides an analysis of the …

Auctions with endogenous rationing have been introduced to stimulate competition. Such (procurement) auctions reduce …

addressing it by focusing on a single simple problem: multiunit auctions. A variety of issues will be discussed: representation …

back to an abuse of the auction’s pay-as-bid mechanism by the two largest firms. In contrast to theoretical findings, we …We analyze a drastic price increase in the German auction market for reserve power, which did not appear to be driven … behavior in an environment with repeated auctions, pivotal suppliers and inelastic demand. The price increase can be traced …

In auction and mechanism design, Myerson's classical regularity condition is often too weak for a quantitative analysis … bounds on various key quantities in auction theory, thus extending several recent findings from quantitative auction and …