Results 81 to 90 of about 140,383 (208)
Multi-Unit Auctions to Allocate Water Scarcity Simulating Bidding Behaviour with Agent Based Models [PDF]
Multi-unit auctions are promising mechanisms for the reallocation of water. The main advantage of such auctions is to avoid the lumpy bid issue. However, there is great uncertainty about the best auction formats when multi-unit auctions are used.
Atakelty Hailu, Sophie Thoyer
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Investment Incentives in Auctions: An Experiment [PDF]
We experimentally analyze first and second price auctions where one bidder can achieve a comparative advantage by investment prior to the auction. We find that, as predicted by theory, bidders invest more often prior to second price auctions than prior ...
Friederike Mengel +3 more
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Auction theory for auction design [PDF]
, 2004 van Damme, E.E.C., Börgers, T.
openaire +7 more sources
Modeling Electricity Auctions [PDF]
The recent debates over discriminatory versus uniform-price auctions in the UK and elsewhere have revealed an incomplete understanding of the limitations of some popular auction models when applied to real-world electricity markets.
David Harbord +2 more
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Treasury debt and other divisible securities are traditionally sold in either a pay-your-bid (discriminatory) auction or a uniform-price auction. We compare these auction formats with a Vickrey auction and also with two ascending-bid auctions.
Lawrence M. Ausubel, Peter Cramton
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A Troubled Asset Reverse Auction [PDF]
The US Treasury has proposed purchasing $700 billion of troubled assets to restore liquidity and solve the current financial crisis, using market mechanisms such as reverse auctions where appropriate.
Lawrence M. Ausubel, Peter Cramton
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An Investigation Report on Auction Mechanism Design
, 2009 Auctions are markets with strict regulations governing the information available to traders in the market and the possible actions they can take. Since well designed auctions achieve desirable economic outcomes, they have been widely used in solving real-
Niu, Jinzhong, Parsons, Simon
core +4 more sources
Boundedly rational bidding decision for land auctions during the transformation of real estate markets. [PDF]
Sci Rep, 2023 Liao R, Zhang J, Tan R, Wu Y, Yu M.
europepmc +1 more source
Behavioral biases in auctions: an experimental study [PDF]
This paper investigates implications of some of the well-known behavioral biases of bidders' behavior in different types of auctions. It presents the results of an experimental study that tests the endowment hypothesis for English auctions and regret ...
Anna Dodonova, Yuri Khoroshilov
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Private ex-ante transaction costs for repeated biodiversity conservation auctions: a case study [PDF]
The European Union’s Council Regulation (EC) No 1698/2005 on support for rural development by the European Agricultural Fund for Rural Development has introduced promising changes in rewarding farmers by the implementation of conservation auctions and ...
Markus Groth
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