identify conditions under which the upstream supplier chooses exclusive or non-exclusive negotiations, or an English auction to …-exclusive negotiations with the downstream firm(s). Finally, in contrast to previous findings, an auction is never welfare superior to …

Winners in online auctions frequently fail to complete purchases. Major auction platforms therefore allow "second … bidders with a reputation for defaulting, counter to the idea of deterring such behavior. Our auction experiments support …

identify conditions under which the upstream supplier chooses exclusive or non-exclusive negotiations, or an English auction to …-exclusive negotiations with the downstream firm(s). Finally, in contrast to previous findings, an auction is never welfare superior to …

An auction framework is examined where each seller is uncertain about whether or not he will have a good available to … types of auctions: an ex-post auction which takes place after each seller learns about the availability of the good and an … ex-ante auction which takes place before each seller learns about availability. The expected payoffs to buyers, sellers …

Do bidders behave as auction theory predicts they should? How do bidders (and thus, prices) react to different types of … information? This paper derives implications of auction theory with respect to the dispersion of private information signals in an … auction. I conduct a survey of non-bidders to construct a measure of information dispersion that is independent of bidding …

the auction. Messages are primarily used to reduce the asymmetric information associated with transactions …

advertise with a novel model of demand in an auction market environment. Because we explicitly model the process of arrival of …

. This affects the way coalitional bidding impacts auction performance. We study the implications of coalitions of bidders on …, we show that stable coalition profiles tend to consist of excessively large coalitions, to the detriment of both auction …