Results 131 to 140 of about 41,667 (312)
Bidding Behavior in Competing Auctions: Evidence from eBay [PDF]
Much of the existing auction literature treats auctions as running independently of one another, with each bidder choosing to participate in only one auction.
MINGLI ZHENG +2 more
core
Unnatural Causes: Cryptocurrencies, Carbon Credits, and the rise of Neoliberalism from Below
ABSTRACT Klima is a carbon‐backed cryptocurrency running as a decentralized autonomous organization (DAO). In 2021, it had accumulated 9 million metric tons of digital carbon credits and reached a market value of more than US$1 billion. In 2023, its treasury stored twice as many carbon credits, but its spot price was a tiny fraction compared to 2021 ...
Riccardo De Cristano, Alexander Paulsson
wiley +1 more source
The Efficiency of the FCC Spectrum Auctions [PDF]
From July 1994 to July 1996, the Federal Communications Commission (FCC) conducted nine spectrum auctions, raising about $20 billion for the U.S. Treasury. The auctions assigned thousands of licenses to hundreds of firms. Were the auctions efficient? Did
Peter Cramton
core
Do Product Market Reforms Work? Assessing Regulatory Changes Impacting Competition
ABSTRACT We create a new dataset that characterizes studies of product market reforms implemented from 1932 to 2011. We examine the size and origins of differences in estimated impacts based on an OECD classification scheme for potentially competitive restrictions of regulation. The median impact from switching to a pro‐competitive environment is a 19%
Sean F. Ennis, Selvin Thanacoody
wiley +1 more source
In many auctions, the auctioneer is an agent of the seller. This delegation invites corruption. In this paper we propose a model of corruption, examine how corruption affects the auction game, how the anticipation of corruption affects bidding, and how ...
Elmar G. Wolfstetter, Yvan Lengwiler
core
Adding Realism to Theories of Taxpayer Compliance
ABSTRACT Explaining why people pay taxes has not been a central focus in the many important contributions of Jim Cox. Even so, I argue here that his work has greatly affected the way that we think about taxpayer compliance, by adding both directly and indirectly much needed realism to the theories and the applications of compliance. These contributions
James Alm
wiley +1 more source
Dynamic Auctions: A Survey [PDF]
We survey the recent literature on designing auctions and mechanisms for dynamic settings. Two settings are considered: those with a dynamic population of agents or buyers whose private information remains fixed throughout time; and those with a fixed ...
Dirk Bergemann, Maher Said
core
ABSTRACT The Allais Paradox is often attributed to the strong attraction of a certain option that avoids a downside risk, i.e., a small chance of a low payoff. In contrast, there is clear evidence from laboratory and field data that people are attracted to the upside risk of obtaining a relatively high payoff.
Irene Comeig, Charles Holt
wiley +1 more source
Charity Auctions: A Field Experimental Investigation [PDF]
Auctions are a popular way to raise money for charities, but relatively little is known, either theoretically or empirically, about the properties of charity auctions.
Jessica Holmes +2 more
core
Looking for Trouble: Pre‐Intervention Monitoring in Human and AI Driver Training
We compare two types of situations involving monitoring of car driving: a driving instructor overseeing a trainee driver and a safety driver overseeing the performance of autonomous vehicle (AV) software. Our focus is on instances of monitoring that precede (1) interventions that are aborted before impacting the driving and (2) actual interventions on ...
Mathias Broth +2 more
wiley +1 more source

