IDEAS home Printed from https://ideas.repec.org/f/c/pha258.html
   My authors  Follow this author

Ronald M. Harstad

(We have lost contact with this author. Please ask them to update the entry or send us the correct address or status for this person. Thank you.)

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Ronald M. Harstad & Reinhard Selten, 2014. "Diminished-Dimensional Political Economy," Working Papers 1414, Department of Economics, University of Missouri.

    Cited by:

    1. Schnellenbach, Jan & Schubert, Christian, 2015. "Behavioral political economy: A survey," European Journal of Political Economy, Elsevier, vol. 40(PB), pages 395-417.
    2. Kuehnhanss, Colin R. & Heyndels, Bruno & Hilken, Katharina, 2015. "Choice in politics: Equivalency framing in economic policy decisions and the influence of expertise," European Journal of Political Economy, Elsevier, vol. 40(PB), pages 360-374.
    3. Bednar, Jenna & Page, Scott E, 2025. "Institutions and cultural capacity: A systems perspective," Journal of Economic Behavior & Organization, Elsevier, vol. 234(C).

  2. Ronald M Harstad, 2011. "Behavioral Efficiency II: A Simple Laboratory Demonstration," ISER Discussion Paper 0819, Institute of Social and Economic Research, The University of Osaka.

    Cited by:

    1. Ronald M. Harstad, 2016. "Efficiency Measurement via Revealed Thresholds, Without Knowing Valuations," Working Papers 1603, Department of Economics, University of Missouri.

  3. Ronald M Harstad, 2011. "Behavioral Efficiency I: Definition, Methodology and Demonstration," ISER Discussion Paper 0818, Institute of Social and Economic Research, The University of Osaka.

    Cited by:

    1. R. M. Harstad & R. Selten, 2014. "Bounded-rationality models:tasks to become intellectually competitive," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 5.
    2. Ronald M. Harstad, 2016. "Efficiency Measurement via Revealed Thresholds, Without Knowing Valuations," Working Papers 1603, Department of Economics, University of Missouri.
    3. Harstad, Ronald M. & Selten, Reinhard, 2016. "Diminished-dimensional political economy," European Economic Review, Elsevier, vol. 83(C), pages 213-219.

  4. Ronald M Harstad, 2011. "Endogenous Competition Alters the Structure of Optimal Auctions," ISER Discussion Paper 0816, Institute of Social and Economic Research, The University of Osaka.

    Cited by:

    1. Ronald M. Harstad, 2009. "Does a Seller Really Want Another Bidder?," Working Papers 0909, Department of Economics, University of Missouri.

  5. Ronald M. Harstad & Michael H. Rothkopf & Justin Jia, 2009. "Information Variability Impacts in Auctions," Working Papers 0908, Department of Economics, University of Missouri.

    Cited by:

    1. Joaquin Coleff & Daniel Garcia, 2013. "Information Provision in Procurement Auctions," Borradores de Investigación 11006, Universidad del Rosario.
    2. Kirkegaard, René, 2014. "Ranking asymmetric auctions: Filling the gap between a distributional shift and stretch," Games and Economic Behavior, Elsevier, vol. 85(C), pages 60-69.
    3. Schweizer, Nikolaus & Szech, Nora, 2015. "Revenues and welfare in auctions with information release," Discussion Papers, Research Unit: Economics of Change SP II 2015-301, WZB Berlin Social Science Center.
    4. Robert F. Bordley & Elena Katok & L. Robin Keller, 2010. "Honoring Michael H. Rothkopf's Legacy of Rigor and Relevance in Auction Theory: From the Editors," Decision Analysis, INFORMS, vol. 7(1), pages 1-4, March.

  6. Ronald M. Harstad, 2007. "Does a Seller Really Want Another Bidder?," Working Papers 0711, Department of Economics, University of Missouri.

    Cited by:

    1. Ronald M Harstad, 2011. "Endogenous Competition Alters the Structure of Optimal Auctions," ISER Discussion Paper 0816, Institute of Social and Economic Research, The University of Osaka.

  7. Ronald M. Harstad & Aleksandar Pekec & Ilia Tsetlin, 2006. "Information Aggregation in Auctions with an Unknown Number of Bidders," Working Papers 0605, Department of Economics, University of Missouri.

    Cited by:

    1. Ronald M. Harstad, 2007. "Does a Seller Really Want Another Bidder?," Working Papers 0711, Department of Economics, University of Missouri.
    2. Olivier Bos, 2012. "Wars of attrition and all-pay auctions with stochastic competition," Post-Print hal-01079504, HAL.
    3. Joy Buchanan & Steven Gjerstad & David Porter, 2016. "Information Effects in Uniform Price Multi‐Unit Dutch Auctions," Southern Economic Journal, John Wiley & Sons, vol. 83(1), pages 126-145, July.
    4. Aleksandar Saša Pekev{c} & Ilia Tsetlin, 2008. "Revenue Ranking of Discriminatory and Uniform Auctions with an Unknown Number of Bidders," Management Science, INFORMS, vol. 54(9), pages 1610-1623, September.
    5. Stephan Lauermann & Asher Wolinsky, 2021. "A Common-Value Auction with State-Dependent Participation," ECONtribute Discussion Papers Series 103, University of Bonn and University of Cologne, Germany.
    6. Olivier Bos, 2010. "Wars of Attrition with Stochastic Competition," Working Paper Series in Economics 47, University of Cologne, Department of Economics.

  8. Ronald M. Harstad, 2005. "Rational Participation Revolutionizes Auction Theory," Working Papers 0504, Department of Economics, University of Missouri.

    Cited by:

    1. Vlad Mares & Ronald Harstad, 2007. "Ex-post full surplus extraction, straightforwardly," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 32(2), pages 399-410, August.
    2. Mares Vlad & Shor Mikhael, 2012. "On the Competitive Effects of Bidding Syndicates," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 12(1), pages 1-33, September.

  9. Ronald M. Harstad & Vlad Mares, 2005. "Ex-Post Full Surplus Extraction, Straightforwardly," Working Papers 0515, Department of Economics, University of Missouri.

    Cited by:

    1. Ronald M. Harstad & Michael H. Rothkopf & Justin Jia, 2009. "Information Variability Impacts in Auctions," Working Papers 0908, Department of Economics, University of Missouri.
    2. Ronald M Harstad, 2011. "Endogenous Competition Alters the Structure of Optimal Auctions," ISER Discussion Paper 0816, Institute of Social and Economic Research, The University of Osaka.
    3. Mares Vlad & Shor Mikhael, 2012. "On the Competitive Effects of Bidding Syndicates," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 12(1), pages 1-33, September.
    4. Ronald M. Harstad, 2005. "Rational Participation Revolutionizes Auction Theory," Working Papers 0504, Department of Economics, University of Missouri.
    5. Reiss, J. Philipp & Levin, Dan, 2013. "Could we overcome the Winner's Curse by (behavioral) auction design?," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79926, Verein für Socialpolitik / German Economic Association.

  10. Ronald Harstad & Stephen Martin & Hans-Theo Normann, 1997. "Experimental Tests of Consciously Parallel Behaviour in Oligopoly," CIE Discussion Papers 1997-07, University of Copenhagen. Department of Economics. Centre for Industrial Economics.

    Cited by:

    1. Joseph E. Harrington, Jr & Roberto Hernan-Gonzalez & Praveen Kujal, 2013. "The Relative Efficacy of Price Announcements and Express Communication for Collusion: Experimental Findings," Working Papers 13-30, Chapman University, Economic Science Institute.
    2. Hehenkamp, Burkhard, 2002. "Sluggish Consumers: An Evolutionary Solution to the Bertrand Paradox," Games and Economic Behavior, Elsevier, vol. 40(1), pages 44-76, July.
    3. Kubler, Dorothea & Muller, Wieland, 2002. "Simultaneous and sequential price competition in heterogeneous duopoly markets: experimental evidence," International Journal of Industrial Organization, Elsevier, vol. 20(10), pages 1437-1460, December.
    4. Huck, Steffen & Normann, Hans-Theo & Oechssler, Jorg, 2000. "Does information about competitors' actions increase or decrease competition in experimental oligopoly markets?," International Journal of Industrial Organization, Elsevier, vol. 18(1), pages 39-57, January.
    5. Huck, Steffen & Normann, Hans-Theo & Oechssler, Jörg, 2001. "Two are Few and Four are Many: Number Effects in Experimental Oligopolies," Bonn Econ Discussion Papers 12/2001, University of Bonn, Bonn Graduate School of Economics (BGSE).
    6. Hans‐Theo Normann & Roberto Ricciuti, 2009. "Laboratory Experiments For Economic Policy Making," Journal of Economic Surveys, Wiley Blackwell, vol. 23(3), pages 407-432, July.
    7. Normann, Hans-Theo, 2010. "Experimentelle Ökonomik für die Wettbewerbspolitik," DICE Ordnungspolitische Perspektiven 06, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    8. Garcia-Gallego, Aurora & Georgantzis, Nikolaos, 2001. "Multiproduct activity in an experimental differentiated oligopoly," International Journal of Industrial Organization, Elsevier, vol. 19(3-4), pages 493-518, March.

  11. Ronald M. Harstad & Michael Marrese, 1980. "Behavioral Explanations of Efficient Public Good Allocations," Discussion Papers 422, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

    Cited by:

    1. Nick Feltovich & John Duffy, 1999. "Does observation of others affect learning in strategic environments? An experimental study," International Journal of Game Theory, Springer;Game Theory Society, vol. 28(1), pages 131-152.
    2. Aghion, Philippe & Fehr, Ernst & Holden, Richard & Wilkening, Tom, 2015. "The Role of Bounded Rationality and Imperfect Information in Subgame Perfect Implementation: An Empirical Investigation," IZA Discussion Papers 8971, Institute of Labor Economics (IZA).
    3. Julian Rauchdobler & Rupert Sausgruber & Jean-Robert Tyran, 2009. "Voting on Thresholds for Public Goods: Experimental Evidence," Discussion Papers 09-27, University of Copenhagen. Department of Economics.
    4. Rondeau, Daniel & D. Schulze, William & Poe, Gregory L., 1999. "Voluntary revelation of the demand for public goods using a provision point mechanism," Journal of Public Economics, Elsevier, vol. 72(3), pages 455-470, June.
    5. Yan Chen & Robert Gazzale, 2004. "When Does Learning in Games Generate Convergence to Nash Equilibria? The Role of Supermodularity in an Experimental Setting," American Economic Review, American Economic Association, vol. 94(5), pages 1505-1535, December.
    6. Yan Chen & Fang-Fang Tang, 1998. "Learning and Incentive-Compatible Mechanisms for Public Goods Provision: An Experimental Study," Journal of Political Economy, University of Chicago Press, vol. 106(3), pages 633-662, June.
    7. Chen, Yan & Plott, Charles R., "undated". "The Groves-Ledyard Mechanism: An Experimental Study of Institutional Design," Working Papers 867, California Institute of Technology, Division of the Humanities and Social Sciences.
    8. Fehr, Ernst & Powell, Michael & Wilkening, Tom, 2021. "Behavioral Constraints on the Design of Subgame-Perfect Implementation Mechanisms," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 111(4), pages 1055-1091.
    9. Ronald Harstad, 2000. "Dominant Strategy Adoption and Bidders' Experience with Pricing Rules," Experimental Economics, Springer;Economic Science Association, vol. 3(3), pages 261-280, December.
    10. Juergen Bracht & Charles Figuieres & Marisa Ratto, 2004. "Relative performance of two simple incentive mechanisms in a public good experiment," The Centre for Market and Public Organisation 04/102, The Centre for Market and Public Organisation, University of Bristol, UK.
    11. Robert S. Gazzale, 2009. "Learning to Play Nash from the Best," Department of Economics Working Papers 2009-03, Department of Economics, Williams College.
    12. J. Ledyard, 1997. "Public Goods: A Survey of Experimental Research," Levine's Working Paper Archive 509, David K. Levine.
    13. Josef Falkinger & Ernst Fehr & Simon Gaechter, "undated". "A Simple Mechanism for the Efficient Provision of Public Goods - Experimental Evidence," IEW - Working Papers 003, Institute for Empirical Research in Economics - University of Zurich.
    14. Liu, Tracy Xiao & Lu, Jingfeng & Wang, Zhewei, 2022. "Efficient public good provision by lotteries with nonlinear pricing," Journal of Economic Behavior & Organization, Elsevier, vol. 204(C), pages 680-698.
    15. Gregory Poe & Jeremy Clark & Daniel Rondeau & William Schulze, 2002. "Provision Point Mechanisms and Field Validity Tests of Contingent Valuation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 23(1), pages 105-131, September.
    16. , J. & ,, 2012. "Designing stable mechanisms for economic environments," Theoretical Economics, Econometric Society, vol. 7(3), September.
    17. Luigi Mittone & Francesca Bortolami, 2007. "Free riding and norms of control: self determination and imposition. An experimental comparison," CEEL Working Papers 0704, Cognitive and Experimental Economics Laboratory, Department of Economics, University of Trento, Italia.

Articles

  1. Fan Yang & Ronald M. Harstad, 2017. "The Welfare Cost of Signaling," Games, MDPI, vol. 8(1), pages 1-21, February.

    Cited by:

    1. Oren Perez & Reuven Cohen & Nir Schreiber, 2019. "Governance through global networks and corporate signaling," Regulation & Governance, John Wiley & Sons, vol. 13(4), pages 447-469, December.
    2. Paul Weirich, 2017. "Epistemic Game Theory and Logic: Introduction," Games, MDPI, vol. 8(2), pages 1-3, March.

  2. Harstad, Ronald M. & Selten, Reinhard, 2016. "Diminished-dimensional political economy," European Economic Review, Elsevier, vol. 83(C), pages 213-219.
    See citations under working paper version above.
  3. Ronald M. Harstad & Reinhard Selten, 2013. "Bounded-Rationality Models: Tasks to Become Intellectually Competitive," Journal of Economic Literature, American Economic Association, vol. 51(2), pages 496-511, June.

    Cited by:

    1. André de Palma & Gordon M. Myers & Yorgos Y. Papageorgiou, 2020. "Imperfect Public Choice," THEMA Working Papers 2020-13, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    2. Harstad, Ronald M. & Selten, Reinhard, 2016. "Diminished-dimensional political economy," European Economic Review, Elsevier, vol. 83(C), pages 213-219.
    3. Virginia Cecchini Manara & Lorenzo Sacconi, 2019. "Institutions, Frames, and Social Contract Reasoning," Econometica Working Papers wp71, Econometica.
    4. Iskakov, A. & Iskakov, M., 2017. "In Search of a Generalized Concept of Rationality," Journal of the New Economic Association, New Economic Association, vol. 34(2), pages 181-189.
    5. Jean-François Laslier & Bernard Walliser, 2015. "Stubborn learning," Post-Print halshs-01310229, HAL.
    6. Mike Farjam, 2015. "On whom would I want to depend; Humans or nature?," Jena Economics Research Papers 2015-019, Friedrich-Schiller-University Jena.
    7. Navarro-Martinez, Daniel & Loomes, Graham & Isoni, Andrea & Butler, David & Alaoui, Larbi, 2017. "Boundedly Rational Expected Utility Theory," MPRA Paper 79893, University Library of Munich, Germany.
    8. Paul Ormerod, 2016. "Picking Up the Gauntlet: Richard Thaler's Defence of Behavioural Economics," Economic Affairs, Wiley Blackwell, vol. 36(1), pages 91-101, February.
    9. Brendan Markey†Towler, 2017. "The Oxford Handbook of Post†Keynesian Economics, Volume 1: Theory and Origins," The Economic Record, The Economic Society of Australia, vol. 93(303), pages 659-661, December.
    10. Choo, Lawrence & Zhou, Xiaoyu, 2022. "Can market selection reduce anomalous behaviour in games?," European Economic Review, Elsevier, vol. 141(C).
    11. Fabrizio Germano & Peio Zuazo-Garin, 2017. "Bounded rationality and correlated equilibria," International Journal of Game Theory, Springer;Game Theory Society, vol. 46(3), pages 595-629, August.
    12. Deck, Cary & Sheremeta, Roman, 2015. "Tug-of-War in the Laboratory," MPRA Paper 67521, University Library of Munich, Germany.
    13. Paul Pezanis-Christou & Hang Wu, 2018. "A non-game-theoretic approach to bidding in first-price and all-pay auctions," School of Economics and Public Policy Working Papers 2018-12, University of Adelaide, School of Economics and Public Policy.
    14. Philipp Lergetporer & Guido Schwerdt & Katharina Werner & Ludger Woessmann, 2016. "Information and Preferences for Public Spending: Evidence from Representative Survey Experiments," CESifo Working Paper Series 5938, CESifo.
    15. Klaus Wälde, 2015. "Stress and Coping - An Economic Approach," LIDAM Discussion Papers IRES 2015018, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    16. V. P. Crawford, 2014. "Boundedly rational versus optimization-based models of strategic thinking and learning in games," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 5.
    17. Gorbunov, Vladimir, 2021. "Market demand: a holistic theory and its verification," MPRA Paper 109154, University Library of Munich, Germany.
    18. Dale O. Stahl, 2017. "Dynamic programming and behavioral rules," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 5(2), pages 165-174, October.
    19. Vitaliy Vasilievich Biryukov & Elena Vasilievna Romanenko, 2017. "Economic Behavior of Business Entities, Culture and Institutions: Specifics of their Interrelations in Conditions of Neo-Industrialization," European Research Studies Journal, European Research Studies Journal, vol. 0(4A), pages 370-385.
    20. Lunn, Pete & Somerville, Jason J., 2015. "Surplus Identification with Non-Linear Returns," Papers WP522, Economic and Social Research Institute (ESRI).
    21. Pere Mir-Artigues, 2022. "Combining preferences and heuristics in analysing consumer behaviour," Evolutionary and Institutional Economics Review, Springer, vol. 19(2), pages 523-543, September.
    22. André de Palma & Gordon M. Myers & Yorgos Y. Papageorgiou, 2020. "Models of Imperfect Public Choice," Department of Economics Working Papers 2020-18, McMaster University.
    23. Klaus Wälde, 2016. "Emotion Research in Economics," CESifo Working Paper Series 5982, CESifo.
    24. Diana Dmitrievna Burkaltseva & Oleg Valerievich Boychenko & Olga Sergeevna Sivash & Nicholas Maksimovich Mazur & Snezhana Anatolyevna Zotova & Aleksey Valeryevich Novikov, 2017. "The Construction of the Digital Organizational, Social and Economic Production Mechanism in the Agro-industry," European Research Studies Journal, European Research Studies Journal, vol. 0(4B), pages 350-365.
    25. Paul Pezanis-Christou & Hang Wu, 2017. "A Naïve Approach to Bidding," School of Economics and Public Policy Working Papers 2017-03, University of Adelaide, School of Economics and Public Policy.
    26. Brendan Markey-Towler, 2018. "A formal psychological theory for evolutionary economics," Journal of Evolutionary Economics, Springer, vol. 28(4), pages 691-725, September.
    27. André de Palma & Gordon M. Myers & Yorgos Y. Papageorgiou, 2022. "PoolLines: Imperfect Public Choice," THEMA Working Papers 2022-25, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    28. Annemie Maertens & Hope Michelson & Vesall Nourani, 2021. "How Do Farmers Learn from Extension Services? Evidence from Malawi," American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(2), pages 569-595, March.
    29. Choo, Lawrence & Zhou, Xiaoyu, 2019. "Can market competition reduce anomalous behaviours," FAU Discussion Papers in Economics 08/2019, Friedrich-Alexander University Erlangen-Nuremberg, Institute for Economics.
    30. Marc A. Ragin & Benjamin L. Collier & Johannes G. Jaspersen, 2021. "The effect of information disclosure on demand for high‐load insurance," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 88(1), pages 161-193, March.
    31. Erhard Gloetzl & Florentin Gloetzl & Oliver Richters, 2017. "From constrained optimization to constrained dynamics: extending analogies between economics and mechanics," Working Papers V-405-17, University of Oldenburg, Department of Economics, revised Nov 2017.
    32. Binghui Wu & Tingting Duan & Jianmin He, 2018. "Dynamics Evolution of Trading Strategies of Investors in Financial Market," Computational Economics, Springer;Society for Computational Economics, vol. 51(4), pages 743-760, April.
    33. Brendan Markey-Towler, 2018. "Salience, chains and anchoring. Reducing complexity and enhancing the practicality of behavioural economics," Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE), vol. 2(1), pages 83-90, March.
    34. Nax, Heinrich H. & Burton-Chellew, Maxwell N. & West, Stuart A. & Young, H. Peyton, 2016. "Learning in a black box," LSE Research Online Documents on Economics 68714, London School of Economics and Political Science, LSE Library.
    35. Brendan Markey‐Towler, 2019. "The New Microeconomics: A Psychological, Institutional, and Evolutionary Paradigm with Neoclassical Economics as a Special Case," American Journal of Economics and Sociology, Wiley Blackwell, vol. 78(1), pages 95-135, January.
    36. Nax, Heinrich H. & Burton-Chellew, Maxwell N. & West, Stuart A. & Young, H. Peyton, 2016. "Learning in a black box," Journal of Economic Behavior & Organization, Elsevier, vol. 127(C), pages 1-15.
    37. Guido Baldi, 2014. "Endogenous preference formation on macroeconomic issues: the role of individuality and social conformity," Mind & Society: Cognitive Studies in Economics and Social Sciences, Springer;Fondazione Rosselli, vol. 13(1), pages 49-58, June.

  4. Ronald M. Harstad, 2010. "Auctioning the Right to Choose When Competition Persists," Decision Analysis, INFORMS, vol. 7(1), pages 78-85, March.

    Cited by:

    1. Jonathan E. Alevy & Julianna Butler & Michael Price, 2016. "Multi-good Demand in Bidder's Choice Auctions: Experimental Evidence from the Lab and the Field," Working Papers 2016-01, University of Alaska Anchorage, Department of Economics.
    2. Dennis Clerck & Erik Demeulemeester, 2016. "A sequential procurement model for a PPP project pipeline," OR Spectrum: Quantitative Approaches in Management, Springer;Gesellschaft für Operations Research e.V., vol. 38(2), pages 427-457, March.
    3. Robert F. Bordley & Elena Katok & L. Robin Keller, 2010. "Honoring Michael H. Rothkopf's Legacy of Rigor and Relevance in Auction Theory: From the Editors," Decision Analysis, INFORMS, vol. 7(1), pages 1-4, March.

  5. Justin Jia & Ronald M. Harstad & Michael H. Rothkopf, 2010. "Information Variability Impacts in Auctions," Decision Analysis, INFORMS, vol. 7(1), pages 137-142, March.
    See citations under working paper version above.
  6. Ronald M. Harstad & Aleksandar Saša Pekeč, 2008. "Relevance to Practice and Auction Theory: A Memorial Essay for Michael Rothkopf," Interfaces, INFORMS, vol. 38(5), pages 367-380, October.

    Cited by:

    1. Lorentziadis, Panos L., 2016. "Optimal bidding in auctions from a game theory perspective," European Journal of Operational Research, Elsevier, vol. 248(2), pages 347-371.

  7. Harstad, Ronald M. & Pekec, Aleksandar Sasa & Tsetlin, Ilia, 2008. "Information aggregation in auctions with an unknown number of bidders," Games and Economic Behavior, Elsevier, vol. 62(2), pages 476-508, March.
    See citations under working paper version above.
  8. Vlad Mares & Ronald Harstad, 2007. "Ex-post full surplus extraction, straightforwardly," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 32(2), pages 399-410, August.
    See citations under working paper version above.
  9. Glenn W. Harrison & Ronald M. Harstad & E. Elisabet Rutstr–m, 2004. "Experimental Methods and Elicitation of Values," Experimental Economics, Springer;Economic Science Association, vol. 7(2), pages 123-140, June.

    Cited by:

    1. Andreas Drichoutis & Rodolfo Nayga & Panagiotis Lazaridis & Beom Park, 2011. "A Consistent Econometric Test for Bid Interdependence in Repeated Second-Price Auctions with Posted Prices," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 39(4), pages 329-341, December.
    2. Stéphane Robin & Anne Rozan & Bernard Ruffieux, 2007. "Mesurer les préférences du consommateur pour orienter les décisions des pouvoirs publics : l’apport de la méthode expérimentale," Working Papers 0723, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    3. Lucy F. Ackert & Bryan K. Church & Gerald P. Dwyer, 2005. "When the shoe is on the other foot: experimental evidence on evaluation disparities," FRB Atlanta Working Paper 2005-17, Federal Reserve Bank of Atlanta.
    4. Lee, Ji Yong & Fox, John A., 2016. "The effects of allowing substitutes on bidding behavior in a private value experimental auction," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235900, Agricultural and Applied Economics Association.
    5. Muller, L. & Ruffieux, B., 2010. "Do price-tags influence consumers' willingness to pay ? On external validity of using auctions for measuring value," Working Papers 201003, Grenoble Applied Economics Laboratory (GAEL).
    6. Diederich, Johannes & Goeschl, Timo, 2017. "To mitigate or not to mitigate: The price elasticity of pro-environmental behavior," Journal of Environmental Economics and Management, Elsevier, vol. 84(C), pages 209-222.
    7. Hirotsugu Uchida & Cathy A. Roheim & Hiroki Wakamatsu & Christopher M. Anderson, 2014. "Do Japanese consumers care about sustainable fisheries? Evidence from an auction of ecolabelled seafood," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 58(2), pages 263-280, April.
    8. Katherine P. Adams & Travis J. Lybbert & Stephen A. Vosti & Emmanuel Ayifah, 2016. "Using an economic experiment to estimate willingness-to-pay for a new maternal nutrient supplement in Ghana," Agricultural Economics, International Association of Agricultural Economists, vol. 47(5), pages 581-595, September.
    9. Disdier, Anne-Célia & Marette, Stéphan & Millet, Guy, 2013. "Are consumers concerned about palm oil? Evidence from a lab experiment," Food Policy, Elsevier, vol. 43(C), pages 180-189.
    10. Andrea Isoni & Peter Brooks & Graham Loomes & Robert Sugden, 2011. "Do markets reveal preferences - or shape them?," Working Paper series, University of East Anglia, Centre for Behavioural and Experimental Social Science (CBESS) 11-03, School of Economics, University of East Anglia, Norwich, UK..
    11. Whiting, Alix & Kecinski, Maik & Li, Tongzhe & r, Kent D. Messer & Parker, Julia, 2019. "The importance of selecting the right messenger: A framed field experiment on recycled water products," Ecological Economics, Elsevier, vol. 161(C), pages 1-8.
    12. Nicolas Jacquemet & Robert‐Vincent Joule & Stéphane Luchini & Jason F. Shogren, 2011. "Do People Always Pay Less Than They Say? Testbed Laboratory Experiments with IV and HG Values," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 13(5), pages 857-882, October.
    13. Nicolas Jacquemet & Robert-Vincent Joule & Stephane Luchini & Jason Shogren, 2009. "Preference Elicitation under Oath," Post-Print halshs-00396721, HAL.
    14. Jay R. Corrigan & Andreas C. Drichoutis & Jayson L. Lusk & Rodolfo M. Nayga & Matthew C. Rousu, 2012. "Repeated Rounds with Price Feedback in Experimental Auction Valuation: An Adversarial Collaboration," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 94(1), pages 97-115.
    15. Nicolas Jacquemet & Alexander G. James & Stephane Luchini & Jason Shogren, 2010. "Social psychology and environmental economics: a new look at ex ante corrections of biased preference evaluation," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00462193, HAL.
    16. John List & David Reiley, 2008. "Field experiments," Artefactual Field Experiments 00091, The Field Experiments Website.
    17. Murphy, James J. & Stevens, Thomas H., 2004. "Contingent Valuation, Hypothetical Bias, and Experimental Economics," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 33(2), pages 1-11, October.
    18. Robin Cubitt & Daniel Read, 2007. "Can intertemporal choice experiments elicit time preferences for consumption?," Experimental Economics, Springer;Economic Science Association, vol. 10(4), pages 369-389, December.
    19. Drichoutis, Andreas & Nayga, Rodolfo & Klonaris, Stathis, 2010. "The Effects of Induced Mood on Preference Reversals and Bidding Behavior in Experimental Auction Valuation," MPRA Paper 25597, University Library of Munich, Germany.
    20. Remoundou, Kyriaki & Drichoutis, Andreas & Koundouri, Phoebe, 2010. "Warm glow in charitable auctions: Are the WEIRDos driving the results?," MPRA Paper 25553, University Library of Munich, Germany.
    21. Bush, Glenn & Hanley, Nicholas & Rondeau, Daniel, 2011. "Comparing opportunity cost measures of forest conservation in Uganda; implications for assessing the distributional impacts of forest management approac hes," Stirling Economics Discussion Papers 2011-12, University of Stirling, Division of Economics.
    22. Frondel, Manuel & Andor, Mark & Vance, Colin, 2015. "Mitigating Hypothetical Bias: Evidence on the Effects of Correctives from a Large Field Study," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112990, Verein für Socialpolitik / German Economic Association.
    23. Bodo Sturm & Joachim Weimann, 2006. "Experiments in Environmental Economics and Some Close Relatives," Journal of Economic Surveys, Wiley Blackwell, vol. 20(3), pages 419-457, July.
    24. Cerroni, S. & Watson, V. & Macdiarmid, J., 2018. "Preferences for healthy and environmentally sustainable food: Combining induced-value and home-grown experiments," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277155, International Association of Agricultural Economists.
    25. Maurice Doyon & Céline Jullien & JoAnne Labrecque, 2011. "Mesure des propensions individuelles à payer pour les aliments fonctionnels : Une approche expérimentale auprès de consommateurs français," CIRANO Working Papers 2011s-59, CIRANO.
    26. Johannes Diederich & Timo Goeschl, 2014. "Willingness to Pay for Voluntary Climate Action and Its Determinants: Field-Experimental Evidence," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 57(3), pages 405-429, March.
    27. Hira Channa & Jacob Ricker‐Gilbert & Hugo De Groote & Jonathan Bauchet, 2021. "Willingness to pay for a new farm technology given risk preferences: Evidence from an experimental auction in Kenya," Agricultural Economics, International Association of Agricultural Economists, vol. 52(5), pages 733-748, September.
    28. John K. Horowitz & Kenneth E. McConnell & James J. Murphy, 2013. "Behavioral foundations of environmental economics and valuation," Chapters, in: John A. List & Michael K. Price (ed.), Handbook on Experimental Economics and the Environment, chapter 4, pages 115-156, Edward Elgar Publishing.
    29. Stephane Bergeron & Maurice Doyon & Laurent Muller, 2019. "Strategic response: A key to understand how cheap talk works," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 67(1), pages 75-83, March.
    30. Jay Corrigan & Matthew Rousu, 2008. "Testing whether field auction experiments are demand revealing in practice," Framed Field Experiments 00161, The Field Experiments Website.
    31. Helen Arce Salazar & Leon Oerlemans, 2016. "Do We Follow the Leader or the Masses? Antecedents of the Willingness to Pay Extra for Eco-Products," Journal of Consumer Affairs, Wiley Blackwell, vol. 50(2), pages 286-314, July.
    32. Nicolas Jacquemet & Olivier L’Haridon & Isabelle Vialle, 2014. "Marché du travail, évaluation et économie expérimentale," Revue française d'économie, Presses de Sciences-Po, vol. 0(1), pages 189-226.
    33. Eric Giraud-Héraud & Maria Aguiar Fontes & Alexandra Seabra Pinto, 2014. "Crise sanitaires de l'alimentation et analyses comportementales," Working Papers hal-00949126, HAL.
    34. Noe, Thomas H. & Rebello, Michael & Wang, Jun, 2012. "Learning to bid: The design of auctions under uncertainty and adaptation," Games and Economic Behavior, Elsevier, vol. 74(2), pages 620-636.
    35. Czap, Natalia V. & Czap, Hans J. & Khachaturyan, Marianna & Lynne, Gary D. & Burbach, Mark, 2012. "Walking in the shoes of others: Experimental testing of dual-interest and empathy in environmental choice," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 41(5), pages 642-653.
    36. Fabio Tufano, 2010. "Are ‘true’ preferences revealed in repeated markets? An experimental demonstration of context-dependent valuations," Experimental Economics, Springer;Economic Science Association, vol. 13(1), pages 1-13, March.
    37. Tyler J. Klain & Jayson L. Lusk & Glynn T. Tonsor & Ted C. Schroeder, 2014. "An experimental approach to valuing information," Agricultural Economics, International Association of Agricultural Economists, vol. 45(5), pages 635-648, September.
    38. Shogren, Jason F., 2006. "Experimental Methods and Valuation," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 2, chapter 19, pages 969-1027, Elsevier.
    39. James J. Murphy & Thomas H. Stevens & Lava Yadav, 2010. "A Comparison of Induced Value and Home-Grown Value Experiments to Test for Hypothetical Bias in Contingent Valuation," Working Papers 2010-06, University of Alaska Anchorage, Department of Economics.
    40. Michaud, C. & Llerena, D. & Joly, I., 2012. "Willingness to pay for environmental attributes of non-food agricultural products: a real choice experiment," Working Papers 201201, Grenoble Applied Economics Laboratory (GAEL).
    41. Demont, Matty & Rutsaert, Pieter & Ndour, Maimouna & Verbeke, Wim, 2013. "Reversing Urban Bias in African Rice Markets: Evidence from Senegal," World Development, Elsevier, vol. 45(C), pages 63-74.
    42. Jason Shogren, 2006. "Valuation in the Lab," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 34(1), pages 163-172, May.
    43. Loureiro, Maria L. & Gracia, Azucena & Nayga, Rodolfo M., 2013. "Do experimental auction estimates pass the scope test?," Journal of Economic Psychology, Elsevier, vol. 37(C), pages 7-17.
    44. Jonathan Alevy & Oscar Cristi & Oscar Melo, 2010. "Right-to-choose auctions: A field study of water markets in the limari valley of chile," Framed Field Experiments 00117, The Field Experiments Website.
    45. Rousu, Matthew C. & Nonnemaker, James & Farrelly, Matthew, 2011. "Choosing a Cigarette Brand: Determining the Value of Countermarketing Information to Smokers Using Field Auctions," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 43(4), pages 1-14, November.
    46. Andreas C. Drichoutis & Rodolfo M. Nayga Jr. & Stathis Klonaris, 2014. "Decision-making in Home-grown Value Auctions under Induced Mood States," Studies in Microeconomics, , vol. 2(2), pages 141-163, December.
    47. Céline Michaud & Daniel Llerena, 2011. "Green consumer behaviour: an experimental analysis of willingness to pay for remanufactured products," Business Strategy and the Environment, Wiley Blackwell, vol. 20(6), pages 408-420, September.
    48. Zhaoyang Liu & Jintao Xu & Xiaojun Yang & Qin Tu & Nick Hanley & Andreas Kontoleon, 2019. "Performance of Agglomeration Bonuses in Conservation Auctions: Lessons from a Framed Field Experiment," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(3), pages 843-869, July.
    49. Douglas D. Davis & Edward L. Millner, 2005. "Rebates, Matches, and Consumer Behavior," Southern Economic Journal, John Wiley & Sons, vol. 72(2), pages 410-421, October.
    50. Oparinde, Adewale & Banerji, Abhijit & Birol, Ekin & Perez, Salomon, 2016. "Identifying hypothetical bias in experimental auctions in field settings in developing countries," 2016 Fifth International Conference, September 23-26, 2016, Addis Ababa, Ethiopia 246284, African Association of Agricultural Economists (AAAE).
    51. Giuseppe Timpanaro & Claudio Bellia & Vera Teresa Foti & Alessandro Scuderi, 2020. "Consumer Behaviour of Purchasing Biofortified Food Products," Sustainability, MDPI, vol. 12(16), pages 1-14, August.
    52. John Bernard, 2005. "Evidence of affiliation of values in a repeated trial auction experiment," Applied Economics Letters, Taylor & Francis Journals, vol. 12(11), pages 687-691.
    53. Harrison, Glenn W. & Lau, Morten I. & Rutström, E. Elisabet, 2010. "Individual discount rates and smoking: Evidence from a field experiment in Denmark," Journal of Health Economics, Elsevier, vol. 29(5), pages 708-717, September.
    54. Johannes Diederich & Timo Goeschl, 2013. "To Give or Not to Give: The Price of Contributing and the Provision of Public Goods," NBER Working Papers 19332, National Bureau of Economic Research, Inc.
    55. Christopher R. Gustafson & Travis J. Lybbert & Daniel A. Sumner, 2016. "Consumer sorting and hedonic valuation of wine attributes: exploiting data from a field experiment," Agricultural Economics, International Association of Agricultural Economists, vol. 47(1), pages 91-103, January.
    56. Loomis, John B., 2014. "2013 WAEA Keynote Address: Strategies for Overcoming Hypothetical Bias in Stated Preference Surveys," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 39(01), pages 1-13, April.
    57. Andreas C. Drichoutis & Panagiotis Lazaridis & Rodolfo M. Nayga, 2009. "Would consumers value food-away-from-home products with nutritional labels?," Agribusiness, John Wiley & Sons, Ltd., vol. 25(4), pages 550-575.
    58. Lucy F. Ackert & Bryan K. Church & Gerald P. Dwyer Jr., 2007. "When the Shoe Is on the Other Foot," Public Finance Review, , vol. 35(2), pages 199-214, March.
    59. Ronald M. Harstad, 2011. "Behavioral Efficiency I: Definition, Methodology and Demonstration," Working Papers 1120, Department of Economics, University of Missouri.
    60. Steffen Andersen & Glenn Harrison & Morten Lau & E. Rutström, 2006. "Elicitation using multiple price list formats," Experimental Economics, Springer;Economic Science Association, vol. 9(4), pages 383-405, December.
    61. Fifer, Simon & Rose, John M., 2016. "Can you ever be certain? Reducing hypothetical bias in stated choice experiments via respondent reported choice certaintyAuthor-Name: Beck, Matthew J," Transportation Research Part B: Methodological, Elsevier, vol. 89(C), pages 149-167.
    62. Samiran Banerjee & James Murphy, 2011. "Do rational demand functions differ from irrational ones? Evidence from an induced budget experiment," Applied Economics, Taylor & Francis Journals, vol. 43(26), pages 3863-3882.
    63. Hellyer, Nicole Elizabeth & Fraser, Iain & Haddock-Fraser, Janet, 2010. "Food Choice, Nutritional Information And Functional Ingredients: An Experimental Auction Employing Bread," 115th Joint EAAE/AAEA Seminar, September 15-17, 2010, Freising-Weihenstephan, Germany 116424, European Association of Agricultural Economists.
    64. Sebastian Lehmann, 2014. "Toward an Understanding of the BDM: Predictive Validity, Gambling Effects, and Risk Attitude," FEMM Working Papers 150001, Otto-von-Guericke University Magdeburg, Faculty of Economics and Management.
    65. Dolgopolova, Irina & Teuber, Ramona & Roosen, Jutta, 2017. "The Reference Price Is Not The Limit: Analysis Of Consumer Valuations In Second-price Vickrey Auction," 2017 International Congress, August 28-September 1, 2017, Parma, Italy 260882, European Association of Agricultural Economists.
    66. Adewale Oparinde & Abhijit Banerji & Ekin Birol & Paul Ilona, 2016. "Information and consumer willingness to pay for biofortified yellow cassava: evidence from experimental auctions in Nigeria," Agricultural Economics, International Association of Agricultural Economists, vol. 47(2), pages 215-233, March.
    67. Diederich, Johannes & Goeschl, Timo, 2011. "Giving in a Large Economy: Price vs. Non-Price Effects in a Field Experiment," Working Papers 0514, University of Heidelberg, Department of Economics.
    68. Xue, Hong & Mainville, Denise Y. & You, Wen & Nayga, Rodolfo M., Jr., 2009. "Nutrition Knowledge, Sensory Characteristics and Consumers’ Willingness to Pay for Pasture-Fed Beef," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49277, Agricultural and Applied Economics Association.
    69. Erik Delaquis & Vanya Slavchevska & Conny J. M. Almekinders & Jonathan C. Newby & Chea Sareth & Chanphasouk Tanthapone & Paul C. Struik, 2024. "Increased farmer willingness to pay for quality cassava (Manihot esculenta Crantz) planting materials: evidence from experimental auctions in Cambodia and Lao PDR," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 16(3), pages 571-594, June.
    70. James Andreoni & Christina Gravert & Michael A. Kuhn & Silvia Saccardo & Yang Yang, 2018. "Arbitrage Or Narrow Bracketing? On Using Money to Measure Intertemporal Preferences," NBER Working Papers 25232, National Bureau of Economic Research, Inc.
    71. Kechagia, Varvara & Drichoutis, Andreas C., 2017. "The effect of olfactory sensory cues on willingness to pay and choice under risk," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 70(C), pages 33-46.
    72. E. Elisabet Rutstrom & Glenn W. Harrison & Morten I. Lau, 2004. "Estimating Risk Attitudes in Denmark," Econometric Society 2004 Australasian Meetings 201, Econometric Society.
    73. Diederich, Johannes & Goeschl, Timo, 2011. "Willingness to Pay for Individual Greenhouse Gas Emissions Reductions: Evidence from a Large Field Experiment," Working Papers 0517, University of Heidelberg, Department of Economics.
    74. Capra, C. Monica & Lanier, Kelli F. & Meer, Shireen, 2010. "The effects of induced mood on bidding in random nth-price auctions," Journal of Economic Behavior & Organization, Elsevier, vol. 75(2), pages 223-234, August.
    75. David M. Bruner & William L. Huth & David M. McEvoy & O. Ashton Morgan, 2011. "Accounting for Taste: Consumer Valuations for Food-Safety Technologies," Working Papers 11-09, Department of Economics, Appalachian State University.
    76. Hurley, Terrance M. & Yue, Chengyan & Anderson, Neil O., 2011. "Polarized Preferences In Homegrown Value Auctions," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103596, Agricultural and Applied Economics Association.
    77. Bernard, John C. & Zhang, Chao & Gifford, Katie, 2006. "An Experimental Investigation of Consumer Willingness to Pay for Non-GM Foods When an Organic Option Is Present," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 35(2), pages 1-12, October.
    78. Demont, Matty & Zossou, Esperance & Rutsaert, Pieter & Ndour, Maimouna & Mele, Paul Van & Verbeke, Wim, 2011. "Willingness to Pay for Enhanced Food Quality: Rice Parboiling in Benin," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114443, European Association of Agricultural Economists.
    79. Drichoutis, Andreas C. & Lazaridis, Panagiotis & Nayga Jr., Rodolfo M., 2008. "The role of reference prices in experimental auctions," Economics Letters, Elsevier, vol. 99(3), pages 446-448, June.
    80. Emilie Ginon & Pierre Combris & Youenn Loheac & Géraldine Enderli & Sylvie Issanchou, 2014. "What do we learn from comparing hedonic scores and willingness-to-pay data?," Post-Print hal-00950490, HAL.
    81. Hans D. Steur & Jeroen Buysse & Shuyi Feng & Xavier Gellynck, 2013. "Role of Information on Consumers’ Willingness-to-pay for Genetically-modified Rice with Health Benefits: An Application to China," Asian Economic Journal, East Asian Economic Association, vol. 27(4), pages 391-408, December.
    82. Roselyne Alphonce & Frode Alfnes, 2017. "Eliciting Consumer WTP for Food Characteristics in a Developing Context: Application of Four Valuation Methods in an African Market," Journal of Agricultural Economics, Wiley Blackwell, vol. 68(1), pages 123-142, February.
    83. Azucena GRACIA & Tiziana DE-MAGISTRIS, 2015. "The role of participants' competitiveness in consumers' valuation for food products using experimental auctions," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 61(10), pages 484-491.

  10. Michael H. Rothkopf & Ronald M. Harstad & Yuhong Fu, 2003. "Is Subsidizing Inefficient Bidders Actually Costly?," Management Science, INFORMS, vol. 49(1), pages 71-84, January.

    Cited by:

    1. Bulow, Jeremy I. & Klemperer, Paul D., 2007. "When Are Auctions Best?," Research Papers 1973, Stanford University, Graduate School of Business.
    2. Dahm, Matthias & Esteve-González, Patricia, 2018. "Affirmative action through extra prizes," Journal of Economic Behavior & Organization, Elsevier, vol. 153(C), pages 123-142.
    3. Bulow, Jeremy & Klemperer, Paul, 2009. "Why Do Sellers (Usually) Prefer Auctions?," CEPR Discussion Papers 7411, C.E.P.R. Discussion Papers.
    4. Kerschbamer, Rudolf & Tournas, Yanni, 2003. "In-house competition, organizational slack, and the business cycle," European Economic Review, Elsevier, vol. 47(3), pages 505-520, June.
    5. Klenio Barbosa & Pierre Boyer, 2016. "Discrimination in Dynamic Procurement Design with Learning-by-doing," Working Papers 2016-37, Center for Research in Economics and Statistics.
    6. van den Berg, Vincent A.C. & Rouwendal, Jan, 2016. "Tender auctions with existing operators bidding," Economics of Transportation, Elsevier, vol. 6(C), pages 1-10.
    7. Manlove, Jacob & Whitacre, Brian, 2017. "Short-Term Economic Impact of Rural Hospital Closures," 2017 Annual Meeting, February 4-7, 2017, Mobile, Alabama 252716, Southern Agricultural Economics Association.
    8. Marion, Justin, 2007. "Are bid preferences benign? The effect of small business subsidies in highway procurement auctions," Journal of Public Economics, Elsevier, vol. 91(7-8), pages 1591-1624, August.
    9. José Alcalde & Matthias Dahm, "undated". "Supplier Diversity before the Time of Cholera," Discussion Papers in Economics 20/07, Division of Economics, School of Business, University of Leicester.
    10. Jose Alcalde & Matthias Dahm, 2020. "Affirmative Action through Endogenous Set-Asides," Discussion Papers 2020-01, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
    11. Alcalde, José & Dahm, Matthias, 2011. "Competition for Procurement Shares," Working Papers 2072/169682, Universitat Rovira i Virgili, Department of Economics.
    12. Domenico Colucci & Nicola Doni & Vincenzo Valori, 2012. "Information revelation in procurement auctions: an equivalence result," Working Papers - Mathematical Economics 2012-07, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
    13. Thomas W. Hazlett & Roberto E. Muñoz, 2009. "A welfare analysis of spectrum allocation policies," RAND Journal of Economics, RAND Corporation, vol. 40(3), pages 424-454, September.
    14. Luis Andres Marentes & Sergio Cabrales & Tilman Wolf & Anna Nagurney & Yezid Donoso, 2021. "A bandwidth auction mechanism to enable affordable internet access," Netnomics, Springer, vol. 22(2), pages 283-316, December.
    15. Domenico Colucci & Nicola Doni & Vincenzo Valori, 2012. "Preferential treatment in procurement auctions through information revelation," Working Papers - Mathematical Economics 2012-06, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
    16. Lee, Joon-Suk, 2008. "Favoritism in asymmetric procurement auctions," International Journal of Industrial Organization, Elsevier, vol. 26(6), pages 1407-1424, November.
    17. Luis Andres Marentes & Sergio Cabrales & Tilman Wolf & Anna Nagurney & Yezid Donoso, 2022. "A bandwidth auction mechanism to enable affordable internet access," Netnomics, Springer, vol. 22(2), pages 283-316, October.
    18. Domenico Colucci & Nicola Doni & Vincenzo Valori, 2015. "Information policies in procurement auctions with heterogeneous suppliers," Journal of Economics, Springer, vol. 114(3), pages 211-238, April.
    19. Vincent van den Berg, 2013. "Over- and Under-Bidding in Tendering," Tinbergen Institute Discussion Papers 13-033/VIII, Tinbergen Institute.
    20. Ronald M. Harstad & Aleksandar Saša Pekeč, 2008. "Relevance to Practice and Auction Theory: A Memorial Essay for Michael Rothkopf," Interfaces, INFORMS, vol. 38(5), pages 367-380, October.
    21. Hu, Audrey & Offerman, Theo & Zou, Liang, 2011. "Premium auctions and risk preferences," Journal of Economic Theory, Elsevier, vol. 146(6), pages 2420-2439.
    22. Pai, Mallesh M. & Vohra, Rakesh, 2014. "Optimal auctions with financially constrained buyers," Journal of Economic Theory, Elsevier, vol. 150(C), pages 383-425.
    23. Vincent van den Berg, 2012. "Advantaged Bidders in Franchise Auctions," Tinbergen Institute Discussion Papers 12-117/VIII, Tinbergen Institute.
    24. Schmöller, Arno, 2010. "Bidding Behavior, Seller Strategies, and the Utilization of Information in Auctions for Complex Goods," Munich Dissertations in Economics 11175, University of Munich, Department of Economics.
    25. Eva Chen & Ilka Weber, 2010. "To Discount or Not to Discount: An Assessment of Perceptions, Beliefs, and Intentions to Use Electronic Auctions with Discounts," Group Decision and Negotiation, Springer, vol. 19(2), pages 127-148, March.
    26. Alcalde, José & Dahm, Matthias, 2024. "On the trade-off between supplier diversity and cost-effective procurement," Journal of Economic Behavior & Organization, Elsevier, vol. 217(C), pages 63-90.
    27. Xie, Hang & Huang, Shihao & Chiu, Chun-Hung, 2024. "Poverty alleviation schemes for high escaping poverty probability: Contract-only, compensation, and capacity-building," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 181(C).

  11. Mares, Vlad & Harstad, Ronald M., 2003. "Private information revelation in common-value auctions," Journal of Economic Theory, Elsevier, vol. 109(2), pages 264-282, April.

    Cited by:

    1. Jeanne Hagenbach & Frédéric Koessler, 2009. "Strategic communication networks," Documents de travail du Centre d'Economie de la Sorbonne 09005, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    2. Chen, Jiafeng & Kominers, Scott Duke, 2021. "Auctioneers sometimes prefer entry fees to extra bidders," International Journal of Industrial Organization, Elsevier, vol. 79(C).
    3. Vasiliki Skreta, 2008. "On the Informed Seller Problem: Optimal Information Disclosure," Working Papers 08-10, New York University, Leonard N. Stern School of Business, Department of Economics.
    4. Peck, James & Spear, Stephen E., 2003. "Introduction to a Festschrift for Karl Shell," Journal of Economic Theory, Elsevier, vol. 109(2), pages 153-155, April.
    5. Joy Buchanan & Steven Gjerstad & David Porter, 2016. "Information Effects in Uniform Price Multi‐Unit Dutch Auctions," Southern Economic Journal, John Wiley & Sons, vol. 83(1), pages 126-145, July.
    6. Vlad Mares & Mikhael Shor, 2013. "Information concentration in common value environments," Review of Economic Design, Springer;Society for Economic Design, vol. 17(3), pages 183-203, September.
    7. De Silva, Dakshina G. & Dunne, Timothy & Kankanamge, Anuruddha & Kosmopoulou, Georgia, 2008. "The impact of public information on bidding in highway procurement auctions," European Economic Review, Elsevier, vol. 52(1), pages 150-181, January.
    8. LI Daniel Zhiyun, 2012. "Seller Cheap Talk in Almost Common Value Auction," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 12(1), pages 1-31, March.
    9. Sogo, Takeharu, 2017. "Effects of seller’s information disclosure in equity auctions requiring post-auction investment," International Journal of Industrial Organization, Elsevier, vol. 55(C), pages 166-181.
    10. Ronald M. Harstad, 2005. "Rational Participation Revolutionizes Auction Theory," Working Papers 0518, Department of Economics, University of Missouri.
    11. Ronald M Harstad, 2011. "Endogenous Competition Alters the Structure of Optimal Auctions," ISER Discussion Paper 0816, Institute of Social and Economic Research, The University of Osaka.
    12. Stephan Lauermann & Gábor Virág, 2012. "Auctions in Markets: Common Outside Options and the Continuation Value Effect," American Economic Journal: Microeconomics, American Economic Association, vol. 4(4), pages 107-130, November.
    13. Lorentziadis, Panos L., 2016. "Optimal bidding in auctions from a game theory perspective," European Journal of Operational Research, Elsevier, vol. 248(2), pages 347-371.
    14. Alex Gershkov, 2009. "Optimal auctions and information disclosure," Review of Economic Design, Springer;Society for Economic Design, vol. 13(4), pages 335-344, December.
    15. Ceesay, Muhammed, 2023. "Secret vs Public Rings in Common Value Auctions," EconStor Preprints 279484, ZBW - Leibniz Information Centre for Economics.
    16. Daniel Quint, 2010. "Looking smart versus playing dumb in common-value auctions," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 44(3), pages 469-490, September.
    17. Hernando, Andres & Villena, Mauricio & Apablaza, Valentina, 2023. "Optimal Bidding for a Bundle of Power Transmission Infrastructure Works," MPRA Paper 120849, University Library of Munich, Germany, revised 30 Apr 2024.
    18. Larson, Nathan, 2009. "Private value perturbations and informational advantage in common value auctions," Games and Economic Behavior, Elsevier, vol. 65(2), pages 430-460, March.

  12. Ronald Harstad, 2000. "Dominant Strategy Adoption and Bidders' Experience with Pricing Rules," Experimental Economics, Springer;Economic Science Association, vol. 3(3), pages 261-280, December.

    Cited by:

    1. Andreas Drichoutis & Rodolfo Nayga & Panagiotis Lazaridis & Beom Park, 2011. "A Consistent Econometric Test for Bid Interdependence in Repeated Second-Price Auctions with Posted Prices," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 39(4), pages 329-341, December.
    2. Stéphane Robin & Anne Rozan & Bernard Ruffieux, 2007. "Mesurer les préférences du consommateur pour orienter les décisions des pouvoirs publics : l’apport de la méthode expérimentale," Working Papers 0723, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    3. Alexander Elbittar & Andrei Gomberg, 2008. "Demand Reduction and Bidder Collusion in Uniform- and Discriminatory-Price Auctions: An experimental study," Working Papers DTE 416, CIDE, División de Economía.
    4. Podwol, Joseph Uri & Schneider, Henry S., 2016. "Nonstandard bidder behavior in real-world auctions," European Economic Review, Elsevier, vol. 83(C), pages 198-212.
    5. Peter Cramton & Emel Filiz-Ozbay & Erkut Ozbay & Pacharasut Sujarittanonta, 2012. "Discrete Clock Auctions: An Experimental Study," Papers of Peter Cramton 12cfosdca, University of Maryland, Department of Economics - Peter Cramton, revised 2012.
    6. Mark Isaac & Svetlana Pevnitskaya & Kurt S. Schnier, 2012. "Individual Behavior And Bidding Heterogeneity In Sealed Bid Auctions Where The Number Of Bidders Is Unknown," Economic Inquiry, Western Economic Association International, vol. 50(2), pages 516-533, April.
    7. Rodrigo A. Velez & Alexander L. Brown, 2018. "Empirical Equilibrium," Papers 1804.07986, arXiv.org, revised Jul 2020.
    8. David J. Cooper & Hanming Fang, 2006. "Understanding Overbidding in Second Price Auctions: An Experimental Study," Cowles Foundation Discussion Papers 1557, Cowles Foundation for Research in Economics, Yale University.
    9. Ji Yong Lee & Rodolfo M. Nayga, Jr & Cary Deck & Andreas Drichoutis, 2017. "Cognitive Ability and Bidding Behavior in Second Price Auctions: An Experimental Study," Working Papers 2017-3, Agricultural University of Athens, Department Of Agricultural Economics.
    10. Yannick Gabuthy & Nicolas Jacquemet & Nadège Marchand, 2008. "Does Resorting to Online Dispute Resolution Promote Agreements ? Experimental Evidence," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00259453, HAL.
    11. Cary Deck & Bart J. Wilson, 2020. "Auctions in near-continuous time," Experimental Economics, Springer;Economic Science Association, vol. 23(1), pages 110-126, March.
    12. Steffen Andersen & John Fountain & Glenn W. Harrison & E. Elisabet Rutström, 2010. "Estimating Subjective Probabilities," Experimental Economics Center Working Paper Series 2010-08, Experimental Economics Center, Andrew Young School of Policy Studies, Georgia State University.
    13. Andersen, Steffen & Harrison, Glenn W. & Lau, Morten I. & Rutström, E. Elisabet, 2014. "Discounting behavior: A reconsideration," European Economic Review, Elsevier, vol. 71(C), pages 15-33.
    14. Bernard, John C., 2006. "Finding and retaining the dominant strategy: The second-price, English and `sealed offer' English auctions," Journal of Economic Behavior & Organization, Elsevier, vol. 60(4), pages 553-561, August.
    15. Esponda, Ignacio & Vespa, Emanuel, 2023. "Contingent Thinking and the Sure-Thing Principle: Revisiting Classic Anomalies in the Laboratory#," University of California at San Diego, Economics Working Paper Series qt32j4d5z2, Department of Economics, UC San Diego.
    16. Kagel, John H. & Levin, Dan, 2009. "Implementing efficient multi-object auction institutions: An experimental study of the performance of boundedly rational agents," Games and Economic Behavior, Elsevier, vol. 66(1), pages 221-237, May.
    17. McGrath, F.L. & Carrasco, L.R. & Leimona, B., 2017. "How auctions to allocate payments for ecosystem services contracts impact social equity," Ecosystem Services, Elsevier, vol. 25(C), pages 44-55.
    18. Makoto Hagiwara, 2019. "Double Implementation in Dominant Strategy Equilibria and Ex Post Equilibria with Private Values," Discussion Paper Series DP2019-13, Research Institute for Economics & Business Administration, Kobe University, revised Aug 2019.
    19. Breitmoser, Yves & Schweighofer-Kodritsch, Sebastian, 2019. "Obviousness Around the Clock," Rationality and Competition Discussion Paper Series 151, CRC TRR 190 Rationality and Competition.
    20. Stryszowska, M.A., 2006. "Essays on auctions," Other publications TiSEM 4e64e5bc-4b6d-4e0e-9b03-a, Tilburg University, School of Economics and Management.
    21. Andersson, Tommy & Andersson, Christer & Andersson, Ola, 2010. "Sealed Bid Auctions vs. Ascending Bid Auctions: An Experimental Study," Working Papers 2010:17, Lund University, Department of Economics.
    22. David RivenbarK, 2010. "Experimentally Elicited Beliefs Explain Privacy Behavior," Working Papers 2010-09, University of Central Florida, Department of Economics, revised Feb 2011.
    23. Lange, Andreas & Ratan, Anmol, 2010. "Multi-dimensional reference-dependent preferences in sealed-bid auctions - How (most) laboratory experiments differ from the field," Games and Economic Behavior, Elsevier, vol. 68(2), pages 634-645, March.
    24. Takehito Masuda & Ryo Mikami & Toyotaka Sakai & Shigehiro Serizawa & Takuma Wakayama, 2022. "The net effect of advice on strategy-proof mechanisms: an experiment for the Vickrey auction," Experimental Economics, Springer;Economic Science Association, vol. 25(3), pages 902-941, June.
    25. Min Zhu, 2015. "Experience Transmission : Truth-telling Adoption in Matching," Working Papers 1518, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    26. Young Han Lee & Ulrike Malmendier, 2007. "The Bidder's Curse," NBER Working Papers 13699, National Bureau of Economic Research, Inc.
    27. Christer Andersson & Ola Andersson & Tommy Andersson, 2013. "Sealed bid auctions versus ascending bid auctions: an experimental study," Review of Economic Design, Springer;Society for Economic Design, vol. 17(1), pages 1-16, March.
    28. David L. Ortega & Robert S. Shupp & Rodolfo M. Nayga & Jayson L. Lusk, 2018. "Mitigating overbidding behavior in agribusiness and food marketing research: Results from induced value hybrid auction experiments," Agribusiness, John Wiley & Sons, Ltd., vol. 34(4), pages 887-893, October.
    29. Rosato, Antonio & Tymula, Agnieszka, 2016. "Loss Aversion and Competition in Vickrey Auctions: Money Ain't No Good," MPRA Paper 69331, University Library of Munich, Germany.
    30. Rodney Garratt & John Wooders, 2010. "Efficiency in Second-Price Auctions: A New Look at Old Data," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 37(1), pages 43-50, August.
    31. Alexander Elbittar & Andrei Gomberg, 2007. "Uniform-Price Auctions without Exogenous Uncertainty: An experimental study," Working Papers DTE 404, CIDE, División de Economía.
    32. Drichoutis, Andreas & Lusk, Jayson & Nayga, Rodolfo, 2013. "The veil of experimental currency units," MPRA Paper 46906, University Library of Munich, Germany.
    33. Andersson, Tommy & Svensson, Lars-Gunnar, 2018. "Sequential rules for house allocation with price restrictions," Games and Economic Behavior, Elsevier, vol. 107(C), pages 41-59.
    34. Anne Rozan & Anne Stenger & Marc Willinger, 2004. "Willingness-to-Pay for Food Safety : An Experimental Investigation of Quality Certification on Bidding Behaviour," Post-Print hal-00278981, HAL.
    35. Alexander Elbittar & Andrei Gomberg, 2008. "A laboratory study of Demand Reduction and Collusion in Uniform- and Discriminatory-Price Auctions," Working Papers 0801, Centro de Investigacion Economica, ITAM.
    36. Peter Cramton, 2012. "Auction Design for Medicare Durable Medical Equipment," Papers of Peter Cramton 11cadm, University of Maryland, Department of Economics - Peter Cramton, revised 2012.
    37. Benjamin Balzer & Antonio Rosato & Jonas von Wangenheim, 2021. "Dutch vs. First-Price Auctions With Expectations-Based Loss-Averse Bidders," CRC TR 224 Discussion Paper Series crctr224_2021_314, University of Bonn and University of Mannheim, Germany.
    38. Feldman, Michal & Shabtai, Galia, 2023. "Simultaneous 2nd price item auctions with no-underbidding," Games and Economic Behavior, Elsevier, vol. 140(C), pages 316-340.
    39. Ronald M. Harstad & Reinhard Selten, 2013. "Bounded-Rationality Models: Tasks to Become Intellectually Competitive," Journal of Economic Literature, American Economic Association, vol. 51(2), pages 496-511, June.
    40. Tatsuyoshi Saijo & Timothy N. Cason & Tomas Sjostrom, 2003. "Secure Implementation Experiments:Do Strategy-proof Mechanisms Really Work?," Discussion papers 03012, Research Institute of Economy, Trade and Industry (RIETI).
    41. Ehrhart, Karl-Martin & Ott, Marion & Abele, Susanne, 2008. "Auction Fever: Theory and Experimental Evidence," Sonderforschungsbereich 504 Publications 08-27, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
    42. Glenn W. Harrison & Jia Min Ng, 2019. "Behavioral insurance and economic theory: A literature review," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 22(2), pages 133-182, July.
    43. Noe, Thomas H. & Rebello, Michael & Wang, Jun, 2012. "Learning to bid: The design of auctions under uncertainty and adaptation," Games and Economic Behavior, Elsevier, vol. 74(2), pages 620-636.
    44. Yves Breitmoser & Sebastian Schweighofer-Kodritsch, 2022. "Obviousness around the clock," Experimental Economics, Springer;Economic Science Association, vol. 25(2), pages 483-513, April.
    45. Rodrigo A. Velez & Alexander L. Brown, 2019. "Empirical strategy-proofness," Papers 1907.12408, arXiv.org, revised Jul 2020.
    46. Emiel Maasland & Sander Onderstal, 2006. "Going, Going, Gone! A Swift Tour of Auction Theory and Its Applications," De Economist, Springer, vol. 154(3), pages 481-481, September.
    47. Giebe, Thomas & Ivanova-Stenzel, Radosveta & Kocher, Martin G. & Schudy, Simeon, 2022. "Cross-game Learning and Cognitive Ability in Auctions," Rationality and Competition Discussion Paper Series 358, CRC TRR 190 Rationality and Competition.
    48. Ronald M Harstad, 2011. "Behavioral Efficiency II: A Simple Laboratory Demonstration," ISER Discussion Paper 0819, Institute of Social and Economic Research, The University of Osaka.
    49. Min Zhu, 2015. "Experience Transmission: Truth-telling Adoption in Matching," Working Papers halshs-01176926, HAL.
    50. Güth, Werner & Ivanova-Stenzel, Radosveta & Wolfstetter, Elmar, 2001. "Bidding behavior in asymmetric auctions: An experimental study," SFB 373 Discussion Papers 2001,15, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
    51. Rodney Garratt & Mark Walker & John Wooders, 2012. "Behavior in second-price auctions by highly experienced eBay buyers and sellers," Experimental Economics, Springer;Economic Science Association, vol. 15(1), pages 44-57, March.
    52. Li Hao & Daniel Houser, 2012. "Belief elicitation in the presence of naïve respondents: An experimental study," Journal of Risk and Uncertainty, Springer, vol. 44(2), pages 161-180, April.
    53. Garratt, Rod & Walker, Mark & Wooders, John, 2004. "Behavior in Second-Price Auctions by Highly Experienced eBay Buyers and Sellers," University of California at Santa Barbara, Economics Working Paper Series qt7s72r56p, Department of Economics, UC Santa Barbara.
    54. Naoko Nishimura & Timothy N. Cason & Tatsuyoshi Saijo & Yoshikazu Ikeda, 2011. "Spite and Reciprocity in Auctions," Games, MDPI, vol. 2(3), pages 1-47, September.
    55. Sander Onderstal & Florian Englmaier & Pablo Guillen & Loreto Llorente & Rupert Sausgruber, 2004. "The Chopstick Auction: A Study of the Exposure Problem in Multi-Unit Auctions," Working Papers 2004.10, Fondazione Eni Enrico Mattei.
    56. Shengwu Li, 2024. "Designing Simple Mechanisms," Papers 2403.18694, arXiv.org, revised Jul 2024.
    57. Vlad Mares & Mikhael Shor, 2003. "Joint Bidding in Common Value Auctions: Theory and Evidence," Game Theory and Information 0305001, University Library of Munich, Germany.
    58. Cary A. Deck & Bart J. Wilson, 2008. "Fixed Revenue Auctions: Theory And Behavior," Economic Inquiry, Western Economic Association International, vol. 46(3), pages 342-354, July.
    59. V. P. Crawford, 2014. "Boundedly rational versus optimization-based models of strategic thinking and learning in games," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 5.
    60. Yiakoumi, Despina & Rouaix, Agathe & Phimister, Euan, 2022. "Evaluating capacity auction design for electricity: An experimental analysis," Energy Economics, Elsevier, vol. 115(C).
    61. Benjamin Balzer & Antonio Rosato & Jonas von Wangenheim, 2020. "Dutch versus First-Price Auctions with Dynamic Expectations-Based Reference-Dependent Preferences," Working Paper Series 2020/05, Economics Discipline Group, UTS Business School, University of Technology, Sydney.
    62. Cong Feng & Scott Fay & K. Sivakumar, 2016. "Overbidding in electronic auctions: factors influencing the propensity to overbid and the magnitude of overbidding," Journal of the Academy of Marketing Science, Springer, vol. 44(2), pages 241-260, March.
    63. Ronald M. Harstad, 2011. "Behavioral Efficiency I: Definition, Methodology and Demonstration," Working Papers 1120, Department of Economics, University of Missouri.
    64. Kassas, Bachir & Palma, Marco A. & Anderson, David P., 2018. "Fine-tuning willingness-to-pay estimates in second price auctions for market goods," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 77(C), pages 50-61.
    65. Rosato, Antonio & Tymula, Agnieszka, 2022. "A novel experimental test of truthful bidding in second-price auctions with real objects," MPRA Paper 115427, University Library of Munich, Germany.
    66. Andreas C. Drichoutis & Jayson L. Lusk & Rodolfo M. Nayga, 2015. "The veil of experimental currency units in second price auctions," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 1(2), pages 182-196, December.
    67. John Hey & Massimo Paradiso., "undated". "Dynamic Choice and Timing-Independence: an experimental investigation," Discussion Papers 99/26, Department of Economics, University of York.
    68. Garratt, Rod & Wooders, John, 2004. "Efficiency in Second-Price Auctions: A New Look at Old Data," University of California at Santa Barbara, Economics Working Paper Series qt5d86p46d, Department of Economics, UC Santa Barbara.
    69. Quazi Shahriar, 2011. "Identity In A Second‐Price Sealed Bid Auction: An Experimental Investigation," Manchester School, University of Manchester, vol. 79(1), pages 159-170, January.
    70. Söllner, Matthias, 2008. "Menschliches Verhalten in elektronischen Märkten," Bayreuth Reports on Information Systems Management 34, University of Bayreuth, Chair of Information Systems Management.
    71. Ehrhart, Karl-Martin & Ott, Marion & Abele, Susanne, 2015. "Auction fever: Rising revenue in second-price auction formats," Games and Economic Behavior, Elsevier, vol. 92(C), pages 206-227.
    72. Krajbich, Ian & Camerer, Colin & Rangel, Antonio, 2017. "Exploring the scope of neurometrically informed mechanism design," Games and Economic Behavior, Elsevier, vol. 101(C), pages 49-62.
    73. Andreas Roider & Patrick W. Schmitz, 2012. "Auctions with Anticipated Emotions: Overbidding, Underbidding, and Optimal Reserve Prices," Scandinavian Journal of Economics, Wiley Blackwell, vol. 114(3), pages 808-830, September.
    74. Radosveta Ivanova‐Stenzel & Timothy C. Salmon, 2008. "Robustness Of Bidder Preferences Among Auction Institutions," Economic Inquiry, Western Economic Association International, vol. 46(3), pages 355-368, July.
    75. Ivanova-Stenzel, Radosveta & Salmon, Timothy C., 2006. "Anomalies in Auction Choice Behavior," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 174, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    76. Ignacio Esponda & Emanuel Vespa, 2024. "Contingent Thinking and the Sure-Thing Principle: Revisiting Classic Anomalies in the Laboratory," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 91(5), pages 2806-2831.
    77. Makoto Hagiwara & Fumihiro Yonekura, 2024. "King Solomon’s dilemma: an experiment on implementation in iterative elimination of (obviously) dominated strategies," Review of Economic Design, Springer;Society for Economic Design, vol. 28(1), pages 1-19, February.
    78. McGee, Peter, 2013. "Bidding in private-value auctions with uncertain values," Games and Economic Behavior, Elsevier, vol. 82(C), pages 312-326.
    79. Daniel McFadden, 2009. "The human side of mechanism design: a tribute to Leo Hurwicz and Jean-Jacque Laffont," Review of Economic Design, Springer;Society for Economic Design, vol. 13(1), pages 77-100, April.
    80. von Wangenheim, Jonas, 2021. "English versus Vickrey auctions with loss-averse bidders," Journal of Economic Theory, Elsevier, vol. 197(C).
    81. Bernard, John C. & Zhang, Chao & Gifford, Katie, 2006. "An Experimental Investigation of Consumer Willingness to Pay for Non-GM Foods When an Organic Option Is Present," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 35(2), pages 1-12, October.
    82. Grigorieva, E. & Strobel, M., 2006. "Bidding behavior in the bisection auction : an experimental investigation," Research Memorandum 026, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    83. Kirchkamp, O. & Reiss, J.P. & Sadrieh, A., 2008. "A pure variation of risk in private-value auctions," Research Memorandum 050, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).

  13. Ronald M. Harstad & Michael H. Rothkopf, 2000. "An "Alternating Recognition" Model of English Auctions," Management Science, INFORMS, vol. 46(1), pages 1-12, January.

    Cited by:

    1. Ricardo Gonçalves & Indrajit Ray, 2024. "Revenue implications of choosing discrete bid levels in a Japanese–English auction," Review of Economic Design, Springer;Society for Economic Design, vol. 28(1), pages 125-150, February.
    2. Ronald M. Harstad, 2007. "Does a Seller Really Want Another Bidder?," Working Papers 0711, Department of Economics, University of Missouri.
    3. Michael H. Rothkopf, 2007. "Thirteen Reasons Why the Vickrey-Clarke-Groves Process Is Not Practical," Operations Research, INFORMS, vol. 55(2), pages 191-197, April.
    4. Nicola Lacetera & Bradley J. Larsen & Devin G. Pope & Justin R. Sydnor, 2013. "Bid Takers or Market Makers? The Effect of Auctioneers on Auction Outcomes," NBER Working Papers 19731, National Bureau of Economic Research, Inc.
    5. Olivier Compte & Philippe Jehiel, 2007. "Auctions and Informaton Acquisition: Sealed-bid or Dynamic Formats?," Post-Print halshs-00754227, HAL.
    6. Levin, Jonathan & Athey, Susan, 2001. "Information and Competition in U.S. Forest Service Timber Auctions," Scholarly Articles 3612768, Harvard University Department of Economics.
    7. Mun Chuia & David Porter & Stephen Rassenti & Vernon Smith, 2011. "The Effect of Bidding Information in Ascending Auctions," Working Papers 11-13, Chapman University, Economic Science Institute.
    8. Ronald M. Harstad, 2005. "Rational Participation Revolutionizes Auction Theory," Working Papers 0518, Department of Economics, University of Missouri.
    9. Ronald M Harstad, 2011. "Endogenous Competition Alters the Structure of Optimal Auctions," ISER Discussion Paper 0816, Institute of Social and Economic Research, The University of Osaka.
    10. Yin, Pai-Ling, 2007. "Empirical tests of information aggregation," International Journal of Industrial Organization, Elsevier, vol. 25(6), pages 1179-1189, December.
    11. Mares, Vlad & Harstad, Ronald M., 2003. "Private information revelation in common-value auctions," Journal of Economic Theory, Elsevier, vol. 109(2), pages 264-282, April.
    12. Ronald M. Harstad, 2010. "Auctioning the Right to Choose When Competition Persists," Decision Analysis, INFORMS, vol. 7(1), pages 78-85, March.
    13. Ronald M. Harstad & Aleksandar Saša Pekeč, 2008. "Relevance to Practice and Auction Theory: A Memorial Essay for Michael Rothkopf," Interfaces, INFORMS, vol. 38(5), pages 367-380, October.
    14. Hammond, Robert G. & Morrill, Thayer, 2016. "Personality traits and bidding behavior in competing auctions," Journal of Economic Psychology, Elsevier, vol. 57(C), pages 39-55.

  14. Harstad, Ronald M & Crew, Michael A, 1999. "Franchise Bidding without Holdups: Utility Regulation with Efficient Pricing and Choice of Provider," Journal of Regulatory Economics, Springer, vol. 15(2), pages 141-163, March.

    Cited by:

    1. Engel, Eduardo & Fischer, Ronald & Galetovic, Alexander, 2005. "Highway franchising and real estate values," Journal of Urban Economics, Elsevier, vol. 57(3), pages 432-448, May.
    2. Engel, Eduardo & Fischer, Ronald & Galetovic, Alexander, 2008. "The Basic Public Finance of Public-Private Partnerships," Working Papers 35, Yale University, Department of Economics.
    3. Gunnar Alexandersson & Staffan Hultén, 2006. "Predatory bidding in competitive tenders: A Swedish case study," European Journal of Law and Economics, Springer, vol. 22(1), pages 73-94, July.
    4. Engel, Eduardo M.R.A. & Fischer, Ronald & Galetovic, Alexander, 2002. "Competition In or For the Field: Which Is Better?," Center Discussion Papers 28406, Yale University, Economic Growth Center.
    5. Eshien Chong & Freddy Huet, 2010. "Partenariats public-privé et investissement de fin de contrat : le cas de l’industrie de l’eau en France," Discussion Papers (REL - Recherches Economiques de Louvain) 2010044, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    6. Auriol, Emmanuelle & Picard, Pierre M., 2011. "A Theory of BOT Concession Contracts," TSE Working Papers 11-228, Toulouse School of Economics (TSE).
    7. Hung-po Chao, 2015. "Two-stage auction and subscription pricing for awarding monopoly franchises," Journal of Regulatory Economics, Springer, vol. 47(3), pages 219-238, June.
    8. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 1999. "The Chilean Infrastructure Concessions Program: Evaluation, Lessons and Prospects for the Future," Documentos de Trabajo 60, Centro de Economía Aplicada, Universidad de Chile.
    9. Reto Foellmi & Urs Meister, 2004. "Product-Market Competition in the Water Industry: Voluntary Nondiscriminatory Pricing," Working Papers 0032, University of Zurich, Institute for Strategy and Business Economics (ISU).
    10. Bontems, Philippe & Calmette, Marie-Françoise & Martimort, David, 2025. "Highway to Sell," TSE Working Papers 25-1652, Toulouse School of Economics (TSE).
    11. Carlos Costa, 2012. "On the Use of Reverse Auctions to Designate Universal Postal Service Providers," Chapters, in: Michael A. Crew & Paul R. Kleindorfer (ed.), Multi-Modal Competition and the Future of Mail, chapter 21, Edward Elgar Publishing.
    12. Ricardo Paredes & José Miguel Sánchez, 2003. "Government Concession Contracts in Chile: The Role of Competition in the Bidding Process," Documentos de Trabajo 258, Instituto de Economia. Pontificia Universidad Católica de Chile..
    13. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2002. "How to Auction an Essential Facility When Underhand Integration is Possible," Working Papers 839, Economic Growth Center, Yale University.
    14. Joan Calzada & Christian Jaag & Urs Trinkner, 2010. "Universal service auctions in liberalized postal markets," Chapters, in: Michael A. Crew & Paul R. Kleindorfer (ed.), Heightening Competition in the Postal and Delivery Sector, chapter 17, Edward Elgar Publishing.
    15. Jaag Christian, 2011. "Entry Deterrence and the Calculation of the Net Cost of Universal Service Obligations," Review of Network Economics, De Gruyter, vol. 10(1), pages 1-19, March.
    16. Eduardo M. R. A. Engel & Ronald D. Fischer & Alexander Galetovic, 2004. "How to Auction a Bottleneck Monopoly When Underhand Vertical Agreements are Possible," Journal of Industrial Economics, Wiley Blackwell, vol. 52(3), pages 427-455, September.
    17. Hakam Kamleh, 2005. "La nouvelle organisation ferroviaire britannique : sur la frontière entre intégration et désintégration," CAE Working Papers 28, Aix-Marseille Université, CERGAM.

  15. Keith Waehrer & Ronald M. Harstad & Michael H. Rothkopf, 1998. "Auction Form Preferences of Risk-Averse Bid Takers," RAND Journal of Economics, The RAND Corporation, vol. 29(1), pages 179-192, Spring.

    Cited by:

    1. Sosung Baik & Sung-Ha Hwang, 2022. "Revenue Comparisons of Auctions with Ambiguity Averse Sellers," Papers 2211.12669, arXiv.org.
    2. Ronald M. Harstad & Michael H. Rothkopf, 2000. "An "Alternating Recognition" Model of English Auctions," Management Science, INFORMS, vol. 46(1), pages 1-12, January.
    3. Vasserman, Shoshana & Watt, Mitchell, 2021. "Risk aversion and auction design: Theoretical and empirical evidence," International Journal of Industrial Organization, Elsevier, vol. 79(C).
    4. Rosar, Frank, 2014. "Secret reserve prices in first-price auctions," International Journal of Industrial Organization, Elsevier, vol. 37(C), pages 65-74.
    5. Eso, Peter, 2005. "An optimal auction with correlated values and risk aversion," Journal of Economic Theory, Elsevier, vol. 125(1), pages 78-89, November.
    6. M. Ángeles De Frutos & Carolina Manzano, 2002. "Risk Aversion, Transparency, and Market Performance," Journal of Finance, American Finance Association, vol. 57(2), pages 959-984, April.
    7. Estrella Alonso & Gustavo Juan Tejada, 2012. "The Auction Model with Lowest Risk in a Duopolistic Electricity Market," Económica, Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata, vol. 0, pages 3-21, January-D.
    8. Roberto Burguet, 2000. "Auction theory: a guided tour," Investigaciones Economicas, Fundación SEPI, vol. 24(1), pages 3-50, January.
    9. Indranil Chakraborty, 2019. "Reserve Price Versus Entry Fee In Standard Auctions," Economic Inquiry, Western Economic Association International, vol. 57(1), pages 648-653, January.
    10. Simon Stevenson & James Young, 2015. "The Role of Undisclosed Reserves in English Open Outcry Auctions," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 43(2), pages 375-402, June.
    11. Estrella Alonso & Joaquín Sánchez-Soriano & Juan Tejada, 2020. "Mixed Mechanisms for Auctioning Ranked Items," Mathematics, MDPI, vol. 8(12), pages 1-26, December.
    12. Budde, Maximilian & Minner, Stefan, 2014. "First- and second-price sealed-bid auctions applied to push and pull supply contracts," European Journal of Operational Research, Elsevier, vol. 237(1), pages 370-382.
    13. Eso, Peter & Futo, Gabor, 1999. "Auction design with a risk averse seller," Economics Letters, Elsevier, vol. 65(1), pages 71-74, October.
    14. Menicucci, Domenico, 2006. "Full surplus extraction by a risk averse seller in correlated environments," Mathematical Social Sciences, Elsevier, vol. 51(3), pages 280-300, May.
    15. Ángel Hernando Veciana, 2002. "(Sub-)Optimal Entry Fees," Working Papers. Serie AD 2002-03, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    16. Zhonghao Shui, 2023. "Rejection prices and an auctioneer with non-monotonic utility," International Journal of Game Theory, Springer;Game Theory Society, vol. 52(3), pages 925-951, September.
    17. Goeree, Jacob K. & Offerman, Theo & Schram, Arthur, 2006. "Using first-price auctions to sell heterogeneous licenses," International Journal of Industrial Organization, Elsevier, vol. 24(3), pages 555-581, May.
    18. Ali E. Abbas & Il-Horn Hann, 2010. "Measuring Risk Aversion in a Name-Your-Own-Price Channel," Decision Analysis, INFORMS, vol. 7(1), pages 123-136, March.
    19. Mares, Vlad & Harstad, Ronald M., 2003. "Private information revelation in common-value auctions," Journal of Economic Theory, Elsevier, vol. 109(2), pages 264-282, April.
    20. Walley, Matthew J.C. & Fortin, David R., 2005. "Behavioral outcomes from online auctions: reserve price, reserve disclosure, and initial bidding influences in the decision process," Journal of Business Research, Elsevier, vol. 58(10), pages 1409-1418, October.
    21. Ronald M. Harstad & Aleksandar Saša Pekeč, 2008. "Relevance to Practice and Auction Theory: A Memorial Essay for Michael Rothkopf," Interfaces, INFORMS, vol. 38(5), pages 367-380, October.
    22. Hu, Audrey & Offerman, Theo & Zou, Liang, 2011. "Premium auctions and risk preferences," Journal of Economic Theory, Elsevier, vol. 146(6), pages 2420-2439.
    23. Audrey Hu & Steven A. Matthews & Liang Zou, 2009. "Risk Aversion and Optimal Reserve Prices in First and Second-Price Auctions," PIER Working Paper Archive 09-016, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    24. Estrella Alonso & Joaquin Sanchez-Soriano & Juan Tejada, 2015. "A parametric family of two ranked objects auctions: equilibria and associated risk," Annals of Operations Research, Springer, vol. 225(1), pages 141-160, February.
    25. Audrey Hu & Liang Zou, 2008. "Auctions under Payoff Uncertainty: The Case with Heterogeneous Bidder-Aversion to Downside Risk," Tinbergen Institute Discussion Papers 08-044/1, Tinbergen Institute, revised 22 Apr 2008.
    26. Andrew M. Davis & Elena Katok & Anthony M. Kwasnica, 2011. "Do Auctioneers Pick Optimal Reserve Prices?," Management Science, INFORMS, vol. 57(1), pages 177-192, January.

  16. Michael H. Rothkopf & Aleksandar Pekev{c} & Ronald M. Harstad, 1998. "Computationally Manageable Combinational Auctions," Management Science, INFORMS, vol. 44(8), pages 1131-1147, August.

    Cited by:

    1. Drexl, Andreas & Jörnsten, Kurt, 2005. "Reflections about pseudo-dual prices in combinatorial auctions," Manuskripte aus den Instituten für Betriebswirtschaftslehre der Universität Kiel 590, Christian-Albrechts-Universität zu Kiel, Institut für Betriebswirtschaftslehre.
    2. De Smet, Yves, 2007. "Multi-criteria auctions without full comparability of bids," European Journal of Operational Research, Elsevier, vol. 177(3), pages 1433-1452, March.
    3. Richard Li-Yang Chen & Shervin AhmadBeygi & Amy Cohn & Damian R. Beil & Amitabh Sinha, 2009. "Solving Truckload Procurement Auctions Over an Exponential Number of Bundles," Transportation Science, INFORMS, vol. 43(4), pages 493-510, November.
    4. Peter Cramton & Jesse Schwartz, 2000. "Collusive Bidding: Lessons from the FCC Spectrum Auctions," Papers of Peter Cramton 00jre, University of Maryland, Department of Economics - Peter Cramton, revised 09 Mar 1999.
    5. Drexl, Andreas & Jørnsten, Kurt & Knof, Diether, 2007. "Non-linear anonymous pricing combinatorial auctions," Manuskripte aus den Instituten für Betriebswirtschaftslehre der Universität Kiel 625, Christian-Albrechts-Universität zu Kiel, Institut für Betriebswirtschaftslehre.
    6. Bourbeau, Benoit & Gabriel Crainic, Teodor & Gendreau, Michel & Robert, Jacques, 2005. "Design for optimized multi-lateral multi-commodity markets," European Journal of Operational Research, Elsevier, vol. 163(2), pages 503-529, June.
    7. Ervasti, Valtteri & Leskelä, Riikka-Leena, 2010. "Allocative efficiency in simulated multiple-unit combinatorial auctions with quantity support," European Journal of Operational Research, Elsevier, vol. 203(1), pages 251-260, May.
    8. Sandholm, Tuomas & Suri, Subhash, 2006. "Side constraints and non-price attributes in markets," Games and Economic Behavior, Elsevier, vol. 55(2), pages 321-330, May.
    9. Rafael Epstein & Lysette Henríquez & Jaime Catalán & Gabriel Y. Weintraub & Cristián Martínez, 2002. "A Combinational Auction Improves School Meals in Chile," Interfaces, INFORMS, vol. 32(6), pages 1-14, December.
    10. Elting, Steffen & Ehmke, Jan Fabian & Gansterer, Margaretha, 2025. "Preference learning for efficient bundle selection in horizontal transport collaborations," European Journal of Operational Research, Elsevier, vol. 324(3), pages 953-968.
    11. Dass, Mayukh & Reddy, Srinivas K. & Iacobucci, Dawn, 2014. "A Network Bidder Behavior Model in Online Auctions: A Case of Fine Art Auctions," Journal of Retailing, Elsevier, vol. 90(4), pages 445-462.
    12. Ernan Haruvy & Peter T. L. Popkowski Leszczyc & Octavian Carare & James C. Cox & Eric A. Greenleaf & Wolfgang Jank & Sandy Jap & Young-Hoon Park & Michael H. Rothkopf, 2008. "Competition Between Auctions," Experimental Economics Center Working Paper Series 2008-02, Experimental Economics Center, Andrew Young School of Policy Studies, Georgia State University.
      • Ernan Haruvy & Peter Popkowski Leszczyc & Octavian Carare & James Cox & Eric Greenleaf & Wolfgang Jank & Sandy Jap & Young-Hoon Park & Michael Rothkopf, 2008. "Competition between auctions," Marketing Letters, Springer, vol. 19(3), pages 431-448, December.
    13. Song, Jiongjiong & Regan, A C, 2003. "Approximation Algorithms for the Bid Construction Problem in Combinatorial Auctions for the Procurement of Freight Transportation Contracts," University of California Transportation Center, Working Papers qt3j7034z2, University of California Transportation Center.
    14. Tobias Scheffel & Georg Ziegler & Martin Bichler, 2012. "On the impact of package selection in combinatorial auctions: an experimental study in the context of spectrum auction design," Experimental Economics, Springer;Economic Science Association, vol. 15(4), pages 667-692, December.
    15. Aleksandar Pekev{c} & Michael H. Rothkopf, 2003. "Combinatorial Auction Design," Management Science, INFORMS, vol. 49(11), pages 1485-1503, November.
    16. Gediminas Adomavicius & Alok Gupta & Mochen Yang, 2022. "Bidder Support in Multi-item Multi-unit Continuous Combinatorial Auctions: A Unifying Theoretical Framework," Information Systems Research, INFORMS, vol. 33(4), pages 1174-1195, December.
    17. Anthony M. Kwasnica & John O. Ledyard & Dave Porter & Christine DeMartini, 2005. "A New and Improved Design for Multiobject Iterative Auctions," Management Science, INFORMS, vol. 51(3), pages 419-434, March.
    18. Jung S. You & Ruben Juarez, 2021. "Incentive-compatible simple mechanisms," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(4), pages 1569-1589, June.
    19. Tuomas Sandholm & Anton Likhodedov, 2015. "Automated Design of Revenue-Maximizing Combinatorial Auctions," Operations Research, INFORMS, vol. 63(5), pages 1000-1025, October.
    20. Ozan Candogan & Saša Pekeč, 2018. "Efficient Allocation and Pricing of Multifeatured Items," Management Science, INFORMS, vol. 64(12), pages 5521-5543, December.
    21. R. Isaac & Duncan James, 2000. "Robustness of the Incentive Compatible Combinatorial Auction," Experimental Economics, Springer;Economic Science Association, vol. 3(1), pages 31-53, June.
    22. Peter Cramton, 2002. "Spectrum Auctions," Papers of Peter Cramton 01hte, University of Maryland, Department of Economics - Peter Cramton, revised 16 Jul 2001.
    23. Henry Schellhorn, 2004. "A Double-Sided Multiunit Combinatorial Auction for Substitutes: Theory and Algorithms," FAME Research Paper Series rp123, International Center for Financial Asset Management and Engineering.
    24. Dries R. Goossens & Sander Onderstal & Jan Pijnacker & Frits C. R. Spieksma, 2014. "Solids: A Combinatorial Auction for Real Estate," Interfaces, INFORMS, vol. 44(4), pages 351-363, August.
    25. Albert Banal-Estañol & Augusto Rupérez Micola, 2010. "Are Agent-based Simulations Robust? The Wholesale Electricity Trading Case," Working Papers 443, Barcelona School of Economics.
    26. Changder Narayan & Aknine Samir & Dutta Animesh, 2022. "An Abortion Based Search Method for Optimal Coalition Structure Generation," Group Decision and Negotiation, Springer, vol. 31(4), pages 747-768, August.
    27. Petr Fiala, 2016. "Supply chain coordination with auctions," Journal of Business Economics, Springer, vol. 86(1), pages 155-171, January.
    28. Christopher Garcia, 2016. "Winner Determination Algorithms for Combinatorial Auctions with Sub-cardinality Constraints," Computational Economics, Springer;Society for Computational Economics, vol. 47(3), pages 401-421, March.
    29. Song, Jiongjiong & Regan, Amelia, 2005. "Approximation algorithms for the bid construction problem in combinatorial auctions for the procurement of freight transportation contracts," Transportation Research Part B: Methodological, Elsevier, vol. 39(10), pages 914-933, December.
    30. Chang, Tsung-Sheng, 2009. "Decision support for truckload carriers in one-shot combinatorial auctions," Transportation Research Part B: Methodological, Elsevier, vol. 43(5), pages 522-541, June.
    31. Xia, Mu & Koehler, Gary J. & Whinston, Andrew B., 2004. "Pricing combinatorial auctions," European Journal of Operational Research, Elsevier, vol. 154(1), pages 251-270, April.
    32. R. Preston McAfee & John McMillan, 1996. "Analyzing the Airwaves Auction," Journal of Economic Perspectives, American Economic Association, vol. 10(1), pages 159-175, Winter.
    33. Paul Dütting & Thomas Kesselheim & Éva Tardos, 2021. "Algorithms as Mechanisms: The Price of Anarchy of Relax and Round," Mathematics of Operations Research, INFORMS, vol. 46(1), pages 317-335, February.
    34. Andrew Lim & Brian Rodrigues & Zhou Xu, 2008. "Transportation Procurement with Seasonally Varying Shipper Demand and Volume Guarantees," Operations Research, INFORMS, vol. 56(3), pages 758-771, June.
    35. Stan van Hoesel & Rudolf Müller, 2001. "Optimization in electronic markets: examples in combinatorial auctions," Netnomics, Springer, vol. 3(1), pages 23-33, June.
    36. Michael H. Rothkopf, 2007. "Thirteen Reasons Why the Vickrey-Clarke-Groves Process Is Not Practical," Operations Research, INFORMS, vol. 55(2), pages 191-197, April.
    37. Xiaoshu Xu & Dan Levin & Lixin Ye, 2012. "Auctions with synergy and resale," International Journal of Game Theory, Springer;Game Theory Society, vol. 41(2), pages 397-426, May.
    38. Bart Vangerven & Dries R. Goossens & Frits C. R. Spieksma, 2021. "Using Feedback to Mitigate Coordination and Threshold Problems in Iterative Combinatorial Auctions," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 63(2), pages 113-127, April.
    39. Yann Chevaleyre & Ulle Endriss & Sylvia Estivie & Nicolas Maudet, 2008. "Multiagent resource allocation in k-additive domains: preference representation and complexity," Annals of Operations Research, Springer, vol. 163(1), pages 49-62, October.
    40. Sulin Ba & Jan Stallaert & Andrew B. Whinston, 2001. "Optimal Investment in Knowledge Within a Firm Using a Market Mechanism," Management Science, INFORMS, vol. 47(9), pages 1203-1219, September.
    41. Peter Cramton, 1997. "The FCC Spectrum Auctions: An Early Assessment," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 6(3), pages 431-495, September.
    42. Li, Junsong & Rong, Gang & Feng, Yiping, 2015. "Request selection and exchange approach for carrier collaboration based on auction of a single request," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 84(C), pages 23-39.
    43. Frank Kelly & Richard Steinberg, 2000. "A Combinatorial Auction with Multiple Winners for Universal Service," Management Science, INFORMS, vol. 46(4), pages 586-596, April.
    44. Lawrence M. Ausubel & Peter Cramton & R. Preston McAfee & John McMillan, 1997. "Synergies in Wireless Telephony: Evidence from the Broadband PCS Auctions," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 6(3), pages 497-527, September.
    45. Mercedes Landete & Juan Monge & Antonio Rodríguez-Chía, 2013. "Alternative formulations for the Set Packing Problem and their application to the Winner Determination Problem," Annals of Operations Research, Springer, vol. 207(1), pages 137-160, August.
    46. Zhang, Bo & Yao, Tao & Friesz, Terry L. & Sun, Yuqi, 2015. "A tractable two-stage robust winner determination model for truckload service procurement via combinatorial auctions," Transportation Research Part B: Methodological, Elsevier, vol. 78(C), pages 16-31.
    47. Goeree, Jacob K. & Lien, Yuanchuan, 2014. "An equilibrium analysis of the simultaneous ascending auction," Journal of Economic Theory, Elsevier, vol. 153(C), pages 506-533.
    48. Holzman, Ron & Kfir-Dahav, Noa & Monderer, Dov & Tennenholtz, Moshe, 2004. "Bundling equilibrium in combinatorial auctions," Games and Economic Behavior, Elsevier, vol. 47(1), pages 104-123, April.
    49. Dass, Mayukh & Jank, Wolfgang & Shmueli, Galit, 2011. "Maximizing bidder surplus in simultaneous online art auctions via dynamic forecasting," International Journal of Forecasting, Elsevier, vol. 27(4), pages 1259-1270, October.
    50. Pallab Sanyal, 2016. "Characteristics and Economic Consequences of Jump Bids in Combinatorial Auctions," Information Systems Research, INFORMS, vol. 27(2), pages 347-364, June.
    51. Bo Zhang & Hongwei Ding & Hongbo Li & Wei Wang & Tao Yao, 2014. "A Sampling-Based Stochastic Winner Determination Model for Truckload Service Procurement," Networks and Spatial Economics, Springer, vol. 14(2), pages 159-181, June.
    52. Vohra, Rakesh V., 2015. "Combinatorial Auctions," Handbook of Game Theory with Economic Applications,, Elsevier.
    53. William E. Walsh & Michael P. Wellman, 1999. "Efficiency and Equilibrium in Task Allocation Economics with Hierarchical Dependencies," Working Papers 99-07-049, Santa Fe Institute.
    54. Pinar Keskinocak & Shidhar Tayur, 2001. "Quantitative Analysis for Internet-Enabled Supply Chains," Interfaces, INFORMS, vol. 31(2), pages 70-89, April.
    55. Lindsay, Luke, 2018. "Shapley value based pricing for auctions and exchanges," Games and Economic Behavior, Elsevier, vol. 108(C), pages 170-181.
    56. Kagel, John H. & Levin, Dan, 2005. "Multi-unit demand auctions with synergies: behavior in sealed-bid versus ascending-bid uniform-price auctions," Games and Economic Behavior, Elsevier, vol. 53(2), pages 170-207, November.
    57. Drexl, Andreas & Jørnsten, Kurt & Knof, Diether, 2007. "Column aggregation-based pricing combinatorial auctions," Manuskripte aus den Instituten für Betriebswirtschaftslehre der Universität Kiel 624, Christian-Albrechts-Universität zu Kiel, Institut für Betriebswirtschaftslehre.
    58. David R. Munro & Stephen Rassenti, 2011. "Combinatorial Clock Auctions: Price Direction and Performance," Working Papers 11-19, Chapman University, Economic Science Institute.
    59. Choi, Jin Ho & Chang, Yong Sik & Han, Ingoo, 2009. "The empirical analysis of the N-bilateral optimized combinatorial auction model," Omega, Elsevier, vol. 37(2), pages 482-493, April.
    60. Benoît Bourbeau & Teodor Gabriel Crainic & Michel Gendreau & Jacques Robert, 2003. "Design for Optimized Multi-Lateral Multi-Commodity Markets," CIRANO Working Papers 2003s-36, CIRANO.
    61. Avenali, Alessandro, 2009. "Exploring the VCG mechanism in combinatorial auctions: The threshold revenue and the threshold-price rule," European Journal of Operational Research, Elsevier, vol. 199(1), pages 262-275, November.
    62. Sayee Srinivasan, 2002. "Trading Portfolios Electronically – An Experimental Approach," Netnomics, Springer, vol. 4(1), pages 39-71, March.
    63. Ignacio Palacios-Huerta & David C. Parkes & Richard Steinberg, 2024. "Combinatorial Auctions in Practice," Journal of Economic Literature, American Economic Association, vol. 62(2), pages 517-553, June.
    64. Goeree, Jacob K. & Holt, Charles A., 2010. "Hierarchical package bidding: A paper & pencil combinatorial auction," Games and Economic Behavior, Elsevier, vol. 70(1), pages 146-169, September.
    65. Radkevitch, U.L. & van Heck, H.W.G.M. & Koppius, O.R., 2006. "Buyer Commitment and Opportunism in the Online Market for IT Services," ERIM Report Series Research in Management ERS-2006-046-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    66. Zhiling Guo & Gary J. Koehler & Andrew B. Whinston, 2012. "A Computational Analysis of Bundle Trading Markets Design for Distributed Resource Allocation," Information Systems Research, INFORMS, vol. 23(3-part-1), pages 823-843, September.
    67. Fernanda Nakano Kazama & Aluizio Fausto Ribeiro Araujo & Paulo Barros Correia & Elaine Guerrero-Peña, 2021. "Constraint-guided evolutionary algorithm for solving the winner determination problem," Journal of Heuristics, Springer, vol. 27(6), pages 1111-1150, December.
    68. Edieal J. Pinker & Abraham Seidmann & Yaniv Vakrat, 2003. "Managing Online Auctions: Current Business and Research Issues," Management Science, INFORMS, vol. 49(11), pages 1457-1484, November.
    69. Hammami, Farouk & Rekik, Monia & Coelho, Leandro C., 2021. "Exact and hybrid heuristic methods to solve the combinatorial bid construction problem with stochastic prices in truckload transportation services procurement auctions," Transportation Research Part B: Methodological, Elsevier, vol. 149(C), pages 204-229.
    70. Neil Newman & Kevin Leyton-Brown & Paul Milgrom & Ilya Segal, 2024. "Incentive Auction Design Alternatives: A Simulation Study," Management Science, INFORMS, vol. 70(11), pages 8187-8215, November.
    71. Abrache, Jawad & Crainic, Teodor Gabriel & Gendreau, Michel, 2005. "Models for bundle trading in financial markets," European Journal of Operational Research, Elsevier, vol. 160(1), pages 88-105, January.
    72. Regan, A C & Song, Jiongjiong, 2003. "Combinatorial Auctions for Transportation Service Procurement: The Carrier Perspective," University of California Transportation Center, Working Papers qt7sq003mj, University of California Transportation Center.
    73. Martin Bichler & Pasha Shabalin & Alexander Pikovsky, 2009. "A Computational Analysis of Linear Price Iterative Combinatorial Auction Formats," Information Systems Research, INFORMS, vol. 20(1), pages 33-59, March.
    74. Gediminas Adomavicius & Shawn P. Curley & Alok Gupta & Pallab Sanyal, 2020. "How Decision Complexity Affects Outcomes in Combinatorial Auctions," Production and Operations Management, Production and Operations Management Society, vol. 29(11), pages 2579-2600, November.
    75. Yokoo, Makoto & Sakurai, Yuko & Matsubara, Shigeo, 2004. "The effect of false-name bids in combinatorial auctions: new fraud in internet auctions," Games and Economic Behavior, Elsevier, vol. 46(1), pages 174-188, January.
    76. Schneider, S. & Shabalin, P. & Bichler, M., 2010. "On the robustness of non-linear personalized price combinatorial auctions," European Journal of Operational Research, Elsevier, vol. 206(1), pages 248-259, October.
    77. Ioannis Petrakis & Georg Ziegler & Martin Bichler, 2013. "Ascending Combinatorial Auctions with Allocation Constraints: On Game Theoretical and Computational Properties of Generic Pricing Rules," Information Systems Research, INFORMS, vol. 24(3), pages 768-786, September.
    78. Wurman, Peter R. & Wellman, Michael P. & Walsh, William E., 2001. "A Parametrization of the Auction Design Space," Games and Economic Behavior, Elsevier, vol. 35(1-2), pages 304-338, April.
    79. G. Anandalingam & Robert W. Day & S. Raghavan, 2005. "The Landscape of Electronic Market Design," Management Science, INFORMS, vol. 51(3), pages 316-327, March.
    80. Jing Yu & Lining Xing & Xu Tan, 2021. "The new treatment mode research of hepatitis B based on ant colony algorithm," Journal of Combinatorial Optimization, Springer, vol. 42(4), pages 740-759, November.
    81. Todd R. Kaplan & Shmuel Zamir, 2014. "Advances in Auctions," Discussion Paper Series dp662, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
    82. Gediminas Adomavicius & Alok Gupta, 2005. "Toward Comprehensive Real-Time Bidder Support in Iterative Combinatorial Auctions," Information Systems Research, INFORMS, vol. 16(2), pages 169-185, June.
    83. Nilsson, Jan-Eric, 2012. "Congestion and scarcity in scheduled transport modes," Working papers in Transport Economics 2012:25, CTS - Centre for Transport Studies Stockholm (KTH and VTI).
    84. Kemal Guler & Martin Bichler & Ioannis Petrakis, 2016. "Ascending Combinatorial Auctions with Risk Averse Bidders," Group Decision and Negotiation, Springer, vol. 25(3), pages 609-639, May.
    85. Michael H. Rothkopf & Sunju Park, 2001. "An Elementary Introduction to Auctions," Interfaces, INFORMS, vol. 31(6), pages 83-97, December.
    86. Robert Day & Peter Cramton, 2008. "Quadratic Core-Selecting Payment Rules for Combinatorial Auctions," Papers of Peter Cramton 08qcspr, University of Maryland, Department of Economics - Peter Cramton, revised 2012.
    87. Jérémie Gallien & Lawrence M. Wein, 2005. "A Smart Market for Industrial Procurement with Capacity Constraints," Management Science, INFORMS, vol. 51(1), pages 76-91, January.
    88. Lamprirni Zarpala & Dimitris Voliotis, 2022. "A core-selecting auction for portfolio's packages," Papers 2206.11516, arXiv.org, revised Feb 2024.
    89. Kinene, Alan & Granberg, Tobias Andersson & Birolini, Sebastian & Adler, Nicole & Polishchuk, Valentin & Skoglund, Jean-Marie, 2022. "An auction framework for assessing the tendering of subsidised routes in air transportation," Transportation Research Part A: Policy and Practice, Elsevier, vol. 159(C), pages 320-337.
    90. Babaioff, Moshe & Blumrosen, Liad, 2008. "Computationally-feasible truthful auctions for convex bundles," Games and Economic Behavior, Elsevier, vol. 63(2), pages 588-620, July.
    91. Bichler, Martin & Kalagnanam, Jayant, 2005. "Configurable offers and winner determination in multi-attribute auctions," European Journal of Operational Research, Elsevier, vol. 160(2), pages 380-394, January.
    92. Xia, Mu & Stallaert, Jan & Whinston, Andrew B., 2005. "Solving the combinatorial double auction problem," European Journal of Operational Research, Elsevier, vol. 164(1), pages 239-251, July.
    93. Geng Lin & Wenxing Zhu & M. Montaz Ali, 2016. "An effective discrete dynamic convexized method for solving the winner determination problem," Journal of Combinatorial Optimization, Springer, vol. 32(2), pages 563-593, August.
    94. Ming Fan & Jan Stallaert & Andrew B. Whinston, 2003. "Decentralized Mechanism Design for Supply Chain Organizations Using an Auction Market," Information Systems Research, INFORMS, vol. 14(1), pages 1-22, March.
    95. Robert W. Day & S. Raghavan, 2009. "Matrix Bidding in Combinatorial Auctions," Operations Research, INFORMS, vol. 57(4), pages 916-933, August.
    96. MISHRA, Debasis & PARKES, David C., 2005. "Ascending price Vickrey auctions for general valuations," LIDAM Discussion Papers CORE 2005052, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    97. Hur, Daesik & Mabert, Vincent A. & Hartley, Janet L., 2007. "Getting the most out of reverse e-auction investment," Omega, Elsevier, vol. 35(4), pages 403-416, August.
    98. Nicolas Gruyer & Nathalie Lenoir, 2003. "Auctioning airport slots (?)," Economics Working Papers 01, LEEA (air transport economics laboratory), ENAC (french national civil aviation school).
    99. Lawrence M. Ausubel & Peter Cramton & Paul Milgrom, 2012. "System and Method for a Hybrid Clock and Proxy Auction," Papers of Peter Cramton 12acmhc, University of Maryland, Department of Economics - Peter Cramton, revised 2012.
    100. Kittsteiner, Thomas & Ott, Marion & Steinberg, Richard, 2017. "Competing Combinatorial Auctions," EconStor Preprints 171995, ZBW - Leibniz Information Centre for Economics.
    101. J. Teich & H. Wallenius & J. Wallenius, 1998. "Multiple Issue Action and Market Algorithms for the World Wide Web," Working Papers ir98109, International Institute for Applied Systems Analysis.
    102. Elmaghraby, Wedad J., 2005. "Multi-unit auctions with complementarities: Issues of efficiency in electricity auctions," European Journal of Operational Research, Elsevier, vol. 166(2), pages 430-448, October.
    103. Jin, Mingzhou & Wu, S. David & Erkoc, Murat, 2006. "Multiple unit auctions with economies and diseconomies of scale," European Journal of Operational Research, Elsevier, vol. 174(2), pages 816-834, October.
    104. Oktay Günlük & Lászlo Ladányi & Sven de Vries, 2005. "A Branch-and-Price Algorithm and New Test Problems for Spectrum Auctions," Management Science, INFORMS, vol. 51(3), pages 391-406, March.
    105. Gail Hohner & John Rich & Ed Ng & Grant Reid & Andrew J. Davenport & Jayant R. Kalagnanam & Ho Soo Lee & Chae An, 2003. "Combinatorial and Quantity-Discount Procurement Auctions Benefit Mars, Incorporated and Its Suppliers," Interfaces, INFORMS, vol. 33(1), pages 23-35, February.
    106. Schnizler, Bjorn & Neumann, Dirk & Veit, Daniel & Weinhardt, Christof, 2008. "Trading grid services - a multi-attribute combinatorial approach," European Journal of Operational Research, Elsevier, vol. 187(3), pages 943-961, June.
    107. Park, Sunju & Rothkopf, Michael H., 2005. "Auctions with bidder-determined allowable combinations," European Journal of Operational Research, Elsevier, vol. 161(2), pages 399-415, March.
    108. Griffin, Robert, 2013. "Auction designs for allocating wind energy leases on the U.S. outer continentalshelf," Energy Policy, Elsevier, vol. 56(C), pages 603-611.
    109. Ronald M. Harstad & Aleksandar Saša Pekeč, 2008. "Relevance to Practice and Auction Theory: A Memorial Essay for Michael Rothkopf," Interfaces, INFORMS, vol. 38(5), pages 367-380, October.
    110. Rau, Philipp & Spinler, Stefan, 2017. "Alliance formation in a cooperative container shipping game: Performance of a real options investment approach," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 101(C), pages 155-175.
    111. Teich, Jeffrey E. & Wallenius, Hannele & Wallenius, Jyrki & Koppius, Otto R., 2004. "Emerging multiple issue e-auctions," European Journal of Operational Research, Elsevier, vol. 159(1), pages 1-16, November.
    112. Xu Lang & Zaifu Yang, 2021. "Reduced-Form Allocations for Multiple Indivisible Objects under Constraints: A Revision," Discussion Papers 21/05, Department of Economics, University of York.
    113. Huang, George Q. & Xu, Su Xiu, 2013. "Truthful multi-unit transportation procurement auctions for logistics e-marketplaces," Transportation Research Part B: Methodological, Elsevier, vol. 47(C), pages 127-148.
    114. Nisan, Noam & Segal, Ilya, 2006. "The communication requirements of efficient allocations and supporting prices," Journal of Economic Theory, Elsevier, vol. 129(1), pages 192-224, July.
    115. R. H. Kwon & G. Anandalingam & L. H. Ungar, 2005. "Iterative Combinatorial Auctions with Bidder-Determined Combinations," Management Science, INFORMS, vol. 51(3), pages 407-418, March.
    116. Sunnevag, Kjell J., 2000. "Designing auctions for offshore petroleum lease allocation," Resources Policy, Elsevier, vol. 26(1), pages 3-16, March.
    117. Zhiling Guo & Gary J. Koehler & Andrew B. Whinston, 2007. "A Market-Based Optimization Algorithm for Distributed Systems," Management Science, INFORMS, vol. 53(8), pages 1345-1358, August.
    118. Vangerven, Bart & Goossens, Dries R. & Spieksma, Frits C.R., 2017. "Winner determination in geometrical combinatorial auctions," European Journal of Operational Research, Elsevier, vol. 258(1), pages 254-263.
    119. Goossens, D.R. & Müller, R.J. & Spieksma, F.C.R., 2007. "Matrix bids in combinatorial auctions: expressiveness and micro-economic properties," Research Memorandum 016, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    120. Marcelo Olivares & Gabriel Y. Weintraub & Rafael Epstein & Daniel Yung, 2012. "Combinatorial Auctions for Procurement: An Empirical Study of the Chilean School Meals Auction," Management Science, INFORMS, vol. 58(8), pages 1458-1481, August.
    121. Lehmann, Benny & Lehmann, Daniel & Nisan, Noam, 2006. "Combinatorial auctions with decreasing marginal utilities," Games and Economic Behavior, Elsevier, vol. 55(2), pages 270-296, May.
    122. Jing Yu & Lining Xing & Xu Tan, 0. "The new treatment mode research of hepatitis B based on ant colony algorithm," Journal of Combinatorial Optimization, Springer, vol. 0, pages 1-20.
    123. Nguyen, Tri-Dung, 2014. "A fast approximation algorithm for solving the complete set packing problem," European Journal of Operational Research, Elsevier, vol. 237(1), pages 62-70.
    124. Jawad Abrache & Teodor Gabriel Crainic & Michel Gendreau, 2002. "Models for Bundle Trading in Financial Markets," CIRANO Working Papers 2002s-84, CIRANO.
    125. Chen, Yan & Takeuchi, Kan, 2010. "Multi-object auctions with package bidding: An experimental comparison of Vickrey and iBEA," Games and Economic Behavior, Elsevier, vol. 68(2), pages 557-579, March.
    126. Rönnqvist, Mikael & D'Amours, Sophie & Carle, Marc-André & Azouzi, Riadh, 2018. "Timber selling policies using bundle-based auction: The case of public forests in Québec," Forest Policy and Economics, Elsevier, vol. 96(C), pages 9-18.
    127. Albert Banal-Estañol & Augusto Rupérez-Micola, 2010. "Are agent-based simulations robust? The wholesale electricity trading case," Economics Working Papers 1214, Department of Economics and Business, Universitat Pompeu Fabra.
    128. Mansouri, Bahareh & Hassini, Elkafi, 2015. "A Lagrangian approach to the winner determination problem in iterative combinatorial reverse auctions," European Journal of Operational Research, Elsevier, vol. 244(2), pages 565-575.
    129. Wei He & Jiangtao Li & Weijie Zhong, 2024. "Rank-Guaranteed Auctions," Papers 2408.12001, arXiv.org.
    130. Kevin Leyton-Brown & Paul Milgrom & Neil Newman & Ilya Segal, 2024. "Artificial Intelligence and Market Design: Lessons Learned from Radio Spectrum Reallocation," NBER Chapters, in: New Directions in Market Design, National Bureau of Economic Research, Inc.
    131. Mansouri, Bahareh & Hassini, Elkafi, 2019. "Optimal pricing in iterative flexible combinatorial procurement auctions," European Journal of Operational Research, Elsevier, vol. 277(3), pages 1083-1097.
    132. Wellman, Michael P. & Walsh, William E. & Wurman, Peter R. & MacKie-Mason, Jeffrey K., 2001. "Auction Protocols for Decentralized Scheduling," Games and Economic Behavior, Elsevier, vol. 35(1-2), pages 271-303, April.
    133. Xu Lang & Zaifu Yang, 2023. "Reduced-Form Allocations for Multiple Indivisible Objects under Constraints," Discussion Papers 23/02, Department of Economics, University of York.
    134. Robert W. Day & S. Raghavan, 2007. "Fair Payments for Efficient Allocations in Public Sector Combinatorial Auctions," Management Science, INFORMS, vol. 53(9), pages 1389-1406, September.
    135. Elena Katok & Alvin E. Roth, 2004. "Auctions of Homogeneous Goods with Increasing Returns: Experimental Comparison of Alternative "Dutch" Auctions," Management Science, INFORMS, vol. 50(8), pages 1044-1063, August.
    136. Mishra, Debasis & Veeramani, Dharmaraj, 2007. "Vickrey-Dutch procurement auction for multiple items," European Journal of Operational Research, Elsevier, vol. 180(2), pages 617-629, July.
    137. Haochen Zhang & Shaowei Cai & Chuan Luo & Minghao Yin, 2017. "An efficient local search algorithm for the winner determination problem," Journal of Heuristics, Springer, vol. 23(5), pages 367-396, October.
    138. Tuomas Sandholm & Subhash Suri & Andrew Gilpin & David Levine, 2005. "CABOB: A Fast Optimal Algorithm for Winner Determination in Combinatorial Auctions," Management Science, INFORMS, vol. 51(3), pages 374-390, March.
    139. Jawad Abrache & Teodor Crainic & Michel Gendreau & Monia Rekik, 2007. "Combinatorial auctions," Annals of Operations Research, Springer, vol. 153(1), pages 131-164, September.
    140. Larson, Nathan & Elmaghraby, Wedad, 2008. "Procurement auctions with avoidable fixed costs: an experimental approach," MPRA Paper 32163, University Library of Munich, Germany, revised 2011.
    141. Perennes, Patricia, 2014. "Use of combinatorial auctions in the railway industry: Can the “invisible hand” draw the railway timetable?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 67(C), pages 175-187.
    142. Robert F. Bordley & Elena Katok & L. Robin Keller, 2010. "Honoring Michael H. Rothkopf's Legacy of Rigor and Relevance in Auction Theory: From the Editors," Decision Analysis, INFORMS, vol. 7(1), pages 1-4, March.
    143. Sven de Vries & Rakesh Vohra, 2000. "Combinatorial Auctions: A Survey," Discussion Papers 1296, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

  17. Harstad, Ronald M, 1995. "Privately Informed Seekers of an Uncertain Rent," Public Choice, Springer, vol. 83(1-2), pages 81-93, April.

    Cited by:

    1. Philip Brookins & Dmitry Ryvkin, 2014. "An experimental study of bidding in contests of incomplete information," Experimental Economics, Springer;Economic Science Association, vol. 17(2), pages 245-261, June.
    2. Wärneryd, Karl, 2000. "Information in Conflicts," SSE/EFI Working Paper Series in Economics and Finance 388, Stockholm School of Economics.
    3. Rentschler, Lucas & Turocy, Theodore L., 2016. "Two-bidder all-pay auctions with interdependent valuations, including the highly competitive case," Journal of Economic Theory, Elsevier, vol. 163(C), pages 435-466.
    4. Christian Ewerhart & Federico Quartieri, 2020. "Unique equilibrium in contests with incomplete information," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 70(1), pages 243-271, July.
    5. Robin Chark & Amnon Rapoport & Rami Zwick, 2011. "Experimental comparison of two multiple-stage contest designs with asymmetric players," Public Choice, Springer, vol. 147(3), pages 305-329, June.
    6. Guigou, Jean-Daniel & Lovat, Bruno & Treich, Nicolas, 2016. "Risky Rents," TSE Working Papers 16-710, Toulouse School of Economics (TSE).
      • Jean-Daniel Guigou & Bruno Lovat & Nicolas Treich, 2017. "Risky rents," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 5(2), pages 151-164, October.
      • Jean-Daniel Guigou & Bruno Lovat & Nicolas Treich, 2016. "Risky rents," Post-Print hal-01604261, HAL.
    7. Barut, Yasar & Kovenock, Dan, 1998. "The symmetric multiple prize all-pay auction with complete information," European Journal of Political Economy, Elsevier, vol. 14(4), pages 627-644, November.
    8. Jean-Daniel Guigou & Bruno Lovat & Marc Boissaux, 2013. "Asymmetric contests with risky rents," LSF Research Working Paper Series 13-9, Luxembourg School of Finance, University of Luxembourg.
    9. Yangguang Huang & Ming He, 2021. "Structural Analysis Of Tullock Contests With An Application To U.S. House Of Representatives Elections," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 62(3), pages 1011-1054, August.
    10. Mercier, Jean-François, 2018. "Non-deterministic group contest with private information," Mathematical Social Sciences, Elsevier, vol. 95(C), pages 47-53.
    11. Ori Haimanko, 2021. "Bayesian Nash equilibrium existence in (almost continuous) contests," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(3), pages 1231-1258, April.
    12. Jean-Daniel Guigou & Bruno Lovat & Marc Boissaux, 2013. "Asymmetric contests with risky rents," DEM Discussion Paper Series 13-9, Department of Economics at the University of Luxembourg.
    13. Ryvkin, Dmitry, 2010. "Contests with private costs: Beyond two players," European Journal of Political Economy, Elsevier, vol. 26(4), pages 558-567, December.

  18. Kagel, John H & Levin, Dan & Harstad, Ronald M, 1995. "Comparative Static Effects of Number of Bidders and Public Information on Behavior in Second-Price Common Value Auctions," International Journal of Game Theory, Springer;Game Theory Society, vol. 24(3), pages 293-319.

    Cited by:

    1. Theo Offerman & Giorgia Romagnoli & Andreas Ziegler, 2022. "Why are open ascending auctions popular? The role of information aggregation and behavioral biases," Quantitative Economics, Econometric Society, vol. 13(2), pages 787-823, May.
    2. Boone, Audra L. & Harold Mulherin, J., 2008. "Do auctions induce a winner's curse? New evidence from the corporate takeover market," Journal of Financial Economics, Elsevier, vol. 89(1), pages 1-19, July.
    3. Brocas, Isabelle & Carrillo, Juan D. & Castro, Manuel, 2017. "Second-price common value auctions with uncertainty, private and public information: Experimental evidence," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 67(C), pages 28-40.
    4. Ronald M. Harstad, 2016. "Efficiency Measurement via Revealed Thresholds, Without Knowing Valuations," Working Papers 1603, Department of Economics, University of Missouri.
    5. Kassas, Bachir & Palma, Marco & Ness, Meghan & Anderson, David, 2017. "Fine-Tuning Willingness-To-Pay Estimates in Second Price Auctions," 2017 Annual Meeting, February 4-7, 2017, Mobile, Alabama 252793, Southern Agricultural Economics Association.
    6. Ahlberg, Joakim, 2012. "Multi-unit common value auctions: an experimental comparison between the static and the dynamic uniform auction," Working papers in Transport Economics 2012:24, CTS - Centre for Transport Studies Stockholm (KTH and VTI).
    7. Dickhaut, John & Ledyard, Margaret & Mukherji, Arijit & Sapra, Haresh, 2003. "Information management and valuation: an experimental investigation," Games and Economic Behavior, Elsevier, vol. 44(1), pages 26-53, July.
    8. Melpomeni Anysiadou, 2023. "Exploring Attitude toward Virtual Bank Cards Using Nudge Theory and Experimental Analysis," Business and Economic Research, Macrothink Institute, vol. 13(1), pages 15-35, December.
    9. Susan L. Rose & John H. Kagel, 2008. "Almost Common Value Auctions: An Experiment," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 17(4), pages 1041-1058, December.
    10. Steven D. Levitt & John A. List, 2007. "Viewpoint: On the generalizability of lab behaviour to the field," Canadian Journal of Economics, Canadian Economics Association, vol. 40(2), pages 347-370, May.
    11. Ronald M. Harstad & Reinhard Selten, 2013. "Bounded-Rationality Models: Tasks to Become Intellectually Competitive," Journal of Economic Literature, American Economic Association, vol. 51(2), pages 496-511, June.
    12. De Silva, Dakshina G. & Dunne, Timothy & Kankanamge, Anuruddha & Kosmopoulou, Georgia, 2008. "The impact of public information on bidding in highway procurement auctions," European Economic Review, Elsevier, vol. 52(1), pages 150-181, January.
    13. Wang, Zhongmin & Xu, Minbo, 2013. "Selling a Dollar for More Than a Dollar? Evidence from Online Penny Auctions," RFF Working Paper Series dp-13-15, Resources for the Future.
    14. Ulrich Bergmann & Arkady Konovalov, 2024. "Auction design and order of sale with budget-constrained bidders," Experimental Economics, Springer;Economic Science Association, vol. 27(1), pages 36-57, March.
    15. Charness, Gary & Levin, Dan & Schmeidler, David, 2019. "An experimental study of estimation and bidding in common-value auctions with public information," Journal of Economic Theory, Elsevier, vol. 179(C), pages 73-98.
    16. Christopher Avery & John H. Kagel, 1997. "Second‐Price Auctions with Asymmetric Payoffs: An Experimental Investigation," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 6(3), pages 573-603, September.
    17. Ronald M. Harstad, 2005. "Rational Participation Revolutionizes Auction Theory," Working Papers 0518, Department of Economics, University of Missouri.
    18. Ronald M Harstad, 2011. "Behavioral Efficiency II: A Simple Laboratory Demonstration," ISER Discussion Paper 0819, Institute of Social and Economic Research, The University of Osaka.
    19. Ronald M Harstad, 2011. "Endogenous Competition Alters the Structure of Optimal Auctions," ISER Discussion Paper 0816, Institute of Social and Economic Research, The University of Osaka.
    20. Crawford, VP, 2014. "Boundedly rational versus optimization-based models of strategic thinking and learning in games," University of California at San Diego, Economics Working Paper Series qt04h694rz, Department of Economics, UC San Diego.
    21. Parlour, Christine A. & Prasnikar, Vesna & Rajan, Uday, 2007. "Compensating for the winner's curse: Experimental evidence," Games and Economic Behavior, Elsevier, vol. 60(2), pages 339-356, August.
    22. John H. Kagel & Colin M. Campbell & Dan Levin, 1999. "The Winner's Curse and Public Information in Common Value Auctions: Reply," American Economic Review, American Economic Association, vol. 89(1), pages 325-334, March.
    23. V. P. Crawford, 2014. "Boundedly rational versus optimization-based models of strategic thinking and learning in games," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 5.
    24. Yaron Raviv, 2009. "Uncertainty and Auction Outcomes: Evidence from Used Car Actions," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 34(4), pages 327-347, June.
    25. Jagannathan, Ravi & Jirnyi, Andrei & Sherman, Ann Guenther, 2015. "Share auctions of initial public offerings: Global evidence," Journal of Financial Intermediation, Elsevier, vol. 24(3), pages 283-311.
    26. Alan Mehlenbacher, 2007. "Multiagent System Simulations of Sealed-Bid Auctions with Two-Dimensional Value Signals," Department Discussion Papers 0707, Department of Economics, University of Victoria.
    27. Karthik Kannan & Vandith Pamuru & Yaroslav Rosokha, 2023. "Analyzing Frictions in Generalized Second-Price Auction Markets," Information Systems Research, INFORMS, vol. 34(4), pages 1437-1454, December.
    28. Axel Ockenfels & David Reiley & Abdolkarim Sadrieh, 2006. "Online Auctions," NBER Working Papers 12785, National Bureau of Economic Research, Inc.
    29. Michel A. Habib & Alexandre Ziegler, 2003. "Why Government Bonds Are Sold by Auction and Corporate Bonds by Posted-Price Selling," FAME Research Paper Series rp78, International Center for Financial Asset Management and Engineering.
    30. Ronald M. Harstad & Aleksandar Saša Pekeč, 2008. "Relevance to Practice and Auction Theory: A Memorial Essay for Michael Rothkopf," Interfaces, INFORMS, vol. 38(5), pages 367-380, October.
    31. Trauten, Andreas & Langer, Thomas, 2007. "Information production and bidding in IPOs: An experimental analysis of auctions and fixed-price offerings," Working Papers 50, University of Münster, Competence Center Internet Economy and Hybrid Systems, European Research Center for Information Systems (ERCIS).
    32. Eric Darmon & Nathalie Oriol & Alexandra Rufini, 2022. "Bids for speed: An empirical study of investment strategy automation in a peer-to-business lending platform," Post-Print hal-04397030, HAL.
    33. Gary Charness & Dan Levin, 2009. "The Origin of the Winner's Curse: A Laboratory Study," American Economic Journal: Microeconomics, American Economic Association, vol. 1(1), pages 207-236, February.
    34. Habib, Michel A. & Ziegler, Alexandre, 2007. "Why government bonds are sold by auction and corporate bonds by posted-price selling," Journal of Financial Intermediation, Elsevier, vol. 16(3), pages 343-367, July.
    35. Goeree, Jacob K. & Offerman, Theo, 2003. "Winner's curse without overbidding," European Economic Review, Elsevier, vol. 47(4), pages 625-644, August.
    36. Cox, Caleb A., 2015. "Cursed beliefs with common-value public goods," Journal of Public Economics, Elsevier, vol. 121(C), pages 52-65.
    37. Charness, Gary B & Levin, Dan, 2007. "The Origin of the Winner’s Curse: A Laboratory Study," University of California at Santa Barbara, Economics Working Paper Series qt8g88c6ww, Department of Economics, UC Santa Barbara.

  19. Ronald M. Harstad & Michael H. Rothkopf, 1995. "Withdrawable Bids as Winner's Curse Insurance," Operations Research, INFORMS, vol. 43(6), pages 983-994, December.

    Cited by:

    1. Yizhaq Minchuk & Aner Sela, 2020. "Contests with insurance," Review of Economic Design, Springer;Society for Economic Design, vol. 24(1), pages 1-22, June.
    2. Lamping, Jennifer, 2007. "The Value of Information in Auctions with Default Risk," MPRA Paper 24375, University Library of Munich, Germany.
    3. Mordechai E. Schwarz, 2021. "Auctions with endogenous opting‐out fees and recursive winning procedures from the Talmud," International Journal of Economic Theory, The International Society for Economic Theory, vol. 17(4), pages 345-374, December.
    4. De Jaegher, Kris & Šoltés, Michal & Titl, Vítězslav, 2025. "Easing renegotiation rules in public procurement: Evidence from a policy reform," Journal of Public Economics, Elsevier, vol. 248(C).
    5. Chang, Wei-Shiun & Salmon, Timothy C. & Saral, Krista Jabs, 2013. "Procurement Auctions with Renegotiation and Wealth Constraints," MPRA Paper 50137, University Library of Munich, Germany.
    6. Pagnozzi, Marco & Saral, Krista J., 2019. "Auctions with limited liability through default or resale," Journal of Economic Behavior & Organization, Elsevier, vol. 159(C), pages 51-74.
    7. Michael H. Rothkopf & Sunju Park, 2001. "An Elementary Introduction to Auctions," Interfaces, INFORMS, vol. 31(6), pages 83-97, December.
    8. Xiao, Haohan & Xu, Min & Wang, Shuaian, 2024. "Auction-based parking mechanisms considering withdrawal behaviors," Transport Policy, Elsevier, vol. 147(C), pages 81-93.
    9. Ronald M. Harstad & Aleksandar Saša Pekeč, 2008. "Relevance to Practice and Auction Theory: A Memorial Essay for Michael Rothkopf," Interfaces, INFORMS, vol. 38(5), pages 367-380, October.
    10. Dirk Engelmann & Jeff Frank & Alexander K. Koch & Marieta Valente, 2023. "Second‐chance offers and buyer reputation systems: theory and evidence on auctions with default," RAND Journal of Economics, RAND Corporation, vol. 54(3), pages 484-511, September.
    11. Robert F. Bordley & Elena Katok & L. Robin Keller, 2010. "Honoring Michael H. Rothkopf's Legacy of Rigor and Relevance in Auction Theory: From the Editors," Decision Analysis, INFORMS, vol. 7(1), pages 1-4, March.

  20. Rothkopf, Michael H & Harstad, Ronald M, 1995. "Two Models of Bid-Taker Cheating in Vickrey Auctions," The Journal of Business, University of Chicago Press, vol. 68(2), pages 257-267, April.

    Cited by:

    1. Georgia Kosmopoulou & Dakshina G. De Silva, 2005. "The Effect of Shill Bidding upon Prices: Experimental Evidence," Experimental 0512002, University Library of Munich, Germany.
    2. Aleksandar Pekev{c} & Michael H. Rothkopf, 2003. "Combinatorial Auction Design," Management Science, INFORMS, vol. 49(11), pages 1485-1503, November.
    3. Schwert, G.W., 1994. "Mark-up Pricing in Mergers and Acquisitions," Papers 95-01, Rochester, Business - Financial Research and Policy Studies.
    4. Michael H. Rothkopf, 2007. "Thirteen Reasons Why the Vickrey-Clarke-Groves Process Is Not Practical," Operations Research, INFORMS, vol. 55(2), pages 191-197, April.
    5. Ronald M. Harstad, 2005. "Rational Participation Revolutionizes Auction Theory," Working Papers 0518, Department of Economics, University of Missouri.
    6. Takahiro Watanabe & Takehiko Yamato, 2008. "A choice of auction format in seller cheating: a signaling game analysis," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 36(1), pages 57-80, July.
    7. David Lucking-Reiley, 2000. "Vickrey Auctions in Practice: From Nineteenth-Century Philately to Twenty-First-Century E-Commerce," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 183-192, Summer.
    8. Harstad, Ronald M. & Pekec, Aleksandar Sasa & Tsetlin, Ilia, 2008. "Information aggregation in auctions with an unknown number of bidders," Games and Economic Behavior, Elsevier, vol. 62(2), pages 476-508, March.
    9. Ronald M Harstad, 2011. "Endogenous Competition Alters the Structure of Optimal Auctions," ISER Discussion Paper 0816, Institute of Social and Economic Research, The University of Osaka.
    10. G. Anandalingam & Robert W. Day & S. Raghavan, 2005. "The Landscape of Electronic Market Design," Management Science, INFORMS, vol. 51(3), pages 316-327, March.
    11. Lorentziadis, Panos L., 2016. "Optimal bidding in auctions from a game theory perspective," European Journal of Operational Research, Elsevier, vol. 248(2), pages 347-371.
    12. Michael H. Rothkopf & Sunju Park, 2001. "An Elementary Introduction to Auctions," Interfaces, INFORMS, vol. 31(6), pages 83-97, December.
    13. Michael H. Rothkopf, 2007. "Decision Analysis: The Right Tool for Auctions," Decision Analysis, INFORMS, vol. 4(3), pages 167-172, September.
    14. Sharma, Shashidharan, 2022. "Cheating in Second Price Auctions and Emotional Responses," MPRA Paper 121492, University Library of Munich, Germany.
    15. Atanu R. Sinha & Eric A. Greenleaf, 2000. "The Impact of Discrete Bidding and Bidder Aggressiveness on Sellers' Strategies in Open English Auctions: Reserves and Covert Shilling," Marketing Science, INFORMS, vol. 19(3), pages 244-265, May.
    16. Ronald M. Harstad & Aleksandar Saša Pekeč, 2008. "Relevance to Practice and Auction Theory: A Memorial Essay for Michael Rothkopf," Interfaces, INFORMS, vol. 38(5), pages 367-380, October.
    17. R. H. Kwon & G. Anandalingam & L. H. Ungar, 2005. "Iterative Combinatorial Auctions with Bidder-Determined Combinations," Management Science, INFORMS, vol. 51(3), pages 407-418, March.
    18. Ahrash Dianat & Mikhail Freer, 2024. "Credibility in second-price auctions: an experimental test," Experimental Economics, Springer;Economic Science Association, vol. 27(1), pages 58-79, March.
    19. Robert W. Day & S. Raghavan, 2007. "Fair Payments for Efficient Allocations in Public Sector Combinatorial Auctions," Management Science, INFORMS, vol. 53(9), pages 1389-1406, September.

  21. Michael H. Rothkopf & Ronald M. Harstad, 1994. "Modeling Competitive Bidding: A Critical Essay," Management Science, INFORMS, vol. 40(3), pages 364-384, March.

    Cited by:

    1. Urs Meister, 2004. "Franchise Bidding in the Water Industry – Auction Schemes and Investment Incentives," Public Economics 0412011, University Library of Munich, Germany.
    2. Ronald M. Harstad & Michael H. Rothkopf, 2000. "An "Alternating Recognition" Model of English Auctions," Management Science, INFORMS, vol. 46(1), pages 1-12, January.
    3. Leon Yang Chu, 2009. "Truthful Bundle/Multiunit Double Auctions," Management Science, INFORMS, vol. 55(7), pages 1184-1198, July.
    4. O'Shaughnessy, Eric, 2019. "Non-monotonic effects of market concentration on prices for residential solar photovoltaics in the United States," Energy Economics, Elsevier, vol. 78(C), pages 182-191.
    5. van Heck, H.W.G.M. & van Damme, E.E.C. & Kleijnen, J.P.C. & Ribbers, P.M.A., 1997. "New entrants and the role of information technology: Case study: The Tele-Flower Auction in The Netherlands," Other publications TiSEM 3e3fb2b7-065f-44e3-825d-9, Tilburg University, School of Economics and Management.
    6. Aleksandar Saša Pekev{c} & Ilia Tsetlin, 2008. "Revenue Ranking of Discriminatory and Uniform Auctions with an Unknown Number of Bidders," Management Science, INFORMS, vol. 54(9), pages 1610-1623, September.
    7. Alok Gupta & Stephen Parente & Pallab Sanyal, 2012. "Competitive bidding for health insurance contracts: lessons from the online HMO auctions," International Journal of Health Economics and Management, Springer, vol. 12(4), pages 303-322, December.
    8. Muhammad Ejaz & Nisho Rani & Muhammad Ramzan Sheikh, 2023. "First Price Sealed-Bid Auctions with Bidders’ Heterogeneous Risk Behavior: An Adversarial Risk Analysis Approach," Decision Analysis, INFORMS, vol. 20(3), pages 231-241, September.
    9. Gunnar Alexandersson & Staffan Hultén, 2006. "Predatory bidding in competitive tenders: A Swedish case study," European Journal of Law and Economics, Springer, vol. 22(1), pages 73-94, July.
    10. Wilson, William W. & Dahl, Bruce L., 2000. "Import Tenders And Bidding Strategies In Wheat," Agricultural Economics Reports 23285, North Dakota State University, Department of Agribusiness and Applied Economics.
    11. Garrett van Ryzin & Gustavo Vulcano, 2004. "Optimal Auctioning and Ordering in an Infinite Horizon Inventory-Pricing System," Operations Research, INFORMS, vol. 52(3), pages 346-367, June.
    12. Wilson, William W. & Diersen, Matthew A., 2001. "Competitive Bidding On Import Tenders: The Case Of Minor Oilseeds," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 26(01), pages 1-16, July.
    13. Henry Schellhorn, 2004. "A Double-Sided Multiunit Combinatorial Auction for Substitutes: Theory and Algorithms," FAME Research Paper Series rp123, International Center for Financial Asset Management and Engineering.
    14. Connor, Jeffery D. & Ward, John R. & Bryan, Brett, 2008. "Exploring the cost effectiveness of land conservation auctions and payment policies," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 52(3), pages 1-17.
    15. Schellhorn, Henry, 2009. "A double-sided multiunit combinatorial auction for substitutes: Theory and algorithms," European Journal of Operational Research, Elsevier, vol. 197(2), pages 799-808, September.
    16. Heinz Herrmann & M. J. Cobo Martín, 2025. "Bidding for B2B or B2G tenders: toward the adoption of pricing models in practice," Management Review Quarterly, Springer, vol. 75(2), pages 1495-1533, June.
    17. Wilson, William W. & Dahl, Bruce L. & Johnson, D. Demcey, 1999. "Transparency And Bidding Competition In International Wheat Trade," Agricultural Economics Reports 23403, North Dakota State University, Department of Agribusiness and Applied Economics.
    18. Haile,P.A., 1999. "Auctions with resale," Working papers 33, Wisconsin Madison - Social Systems.
    19. Octavian Carare, 2012. "Reserve Prices in Repeated Auctions," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 40(3), pages 225-247, May.
    20. Ravi Bapna & Paulo Goes & Alok Gupta, 2003. "Analysis and Design of Business-to-Consumer Online Auctions," Management Science, INFORMS, vol. 49(1), pages 85-101, January.
    21. Sulin Ba & Jan Stallaert & Andrew B. Whinston, 2001. "Optimal Investment in Knowledge Within a Firm Using a Market Mechanism," Management Science, INFORMS, vol. 47(9), pages 1203-1219, September.
    22. Ravi Bapna & Paulo Goes & Alok Gupta, 2003. "Replicating Online Yankee Auctions to Analyze Auctioneers' and Bidders' Strategies," Information Systems Research, INFORMS, vol. 14(3), pages 244-268, September.
    23. Sharma, Bijay P. & Cho, Seong-Hoon & Yu, T. Edward, 2019. "Designing cost-efficient payments for forest-based carbon sequestration: An auction-based modeling approach," Forest Policy and Economics, Elsevier, vol. 104(C), pages 182-194.
    24. J B Atkinson, 2004. "On the economic tender quantity," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 55(8), pages 884-891, August.
    25. David Dranove & Cory Capps & Leemore Dafny, 2009. "A Competitive Process for Procuring Health Services: A Review of Principles with an Application to Cataract Services," SPP Research Papers, The School of Public Policy, University of Calgary, vol. 2(5), December.
    26. Ødegaard, Fredrik & Anderson, Chris K., 2014. "All-pay auctions with pre- and post-bidding options," European Journal of Operational Research, Elsevier, vol. 239(2), pages 579-592.
    27. Toho Hien & Raphaële Preget & Mabel Tidball, 2021. "Les enchères de contrats agroenvironnementaux : comparaison expérimentale entre contrainte d’objectif et contrainte de budget," Working Papers hal-02378412, HAL.
    28. Jarl G. Kallberg & Crocker H. Liu & Adam Nowak, 2021. "An Empirical Analysis of Double Round Auctions," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 49(2), pages 531-555, June.
    29. Bernd Skiera & Inken Revenstorff, 1999. "Auktionen als Instrument zur Erhebung von Zahlungsbereitschaften," Schmalenbach Journal of Business Research, Springer, vol. 51(3), pages 224-242, March.
    30. Nikhil Varaiya & David Ely, 1997. "Assessing the Resolution of Insolvent Thrift Institutions post FIRREA: The Impact of Resolution Delays," Journal of Financial Services Research, Springer;Western Finance Association, vol. 11(3), pages 255-282, June.
    31. Ronald M. Harstad, 2005. "Rational Participation Revolutionizes Auction Theory," Working Papers 0518, Department of Economics, University of Missouri.
    32. Lorentziadis, Panos L., 2012. "Optimal bidding in auctions of mixed populations of bidders," European Journal of Operational Research, Elsevier, vol. 217(3), pages 653-663.
    33. Arnold, Ulli & Neubauer, Joerg & Schoenherr, Tobias, 2012. "Explicating factors for companies’ inclination towards corruption in Operations and supply chain management: An exploratory study in Germany," International Journal of Production Economics, Elsevier, vol. 138(1), pages 136-147.
    34. Hailu, Atakelty & Schilizzi, Steven, 2003. "Investigating the performance of market-based instruments for resource conservation: the contribution of agent-based modelling," 2003 Conference (47th), February 12-14, 2003, Fremantle, Australia 57883, Australian Agricultural and Resource Economics Society.
    35. Yuichi Takano & Nobuaki Ishii & Masaaki Muraki, 2017. "Multi-period resource allocation for estimating project costs in competitive bidding," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 25(2), pages 303-323, June.
    36. Teich, J.E. & Wallenius, H. & Wallenius, J. & Koppius, O.R., 2003. "Emerging Multiple e-Auctions," ERIM Report Series Research in Management ERS-2003-058-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    37. Vergamini, Daniele & Viaggi, Davide & Raggi, Meri, 2016. "Agri-environmental measures and farmers’ rent: evaluating the potential contribution of auctions to increase the efficiency of Agri-environmental schemes in Emilia-Romagna (Italy)," 2016 Fifth AIEAA Congress, June 16-17, 2016, Bologna, Italy 242443, Italian Association of Agricultural and Applied Economics (AIEAA).
    38. Fluck, Zsuzsanna & John, Kose & Ravid, S. Abraham, 2007. "Privatization as an agency problem: Auctions versus private negotiations," Journal of Banking & Finance, Elsevier, vol. 31(9), pages 2730-2750, September.
    39. Stefan Weishaar, 2007. "CO 2 emission allowance allocation mechanisms, allocative efficiency and the environment: a static and dynamic perspective," European Journal of Law and Economics, Springer, vol. 24(1), pages 29-70, August.
    40. Michael H. Rothkopf & Ronald M. Harstad & Yuhong Fu, 2003. "Is Subsidizing Inefficient Bidders Actually Costly?," Management Science, INFORMS, vol. 49(1), pages 71-84, January.
    41. Edieal J. Pinker & Abraham Seidmann & Yaniv Vakrat, 2003. "Managing Online Auctions: Current Business and Research Issues," Management Science, INFORMS, vol. 49(11), pages 1457-1484, November.
    42. Lorentziadis, Panos L., 2008. "Pricing in multiple-item procurement auctions with a common to all items fixed cost," European Journal of Operational Research, Elsevier, vol. 190(3), pages 790-797, November.
    43. Hugh Ward & Peter John, 2008. "A Spatial Model of Competitive Bidding for Government Grants: Why Efficiency Gains Are Limited," Journal of Theoretical Politics, , vol. 20(1), pages 47-66, January.
    44. Nicola Secomandi & Kirk Abbott & Tankut Atan & E. Andrew Boyd, 2002. "From Revenue Management Concepts to Software Systems," Interfaces, INFORMS, vol. 32(2), pages 1-11, April.
    45. Lorentziadis, Panos L., 2016. "Optimal bidding in auctions from a game theory perspective," European Journal of Operational Research, Elsevier, vol. 248(2), pages 347-371.
    46. Uwe Latacz‐Lohmann & Carel P. C. M. Van der Hamsvoort, 1998. "Auctions as a Means of Creating a Market for Public Goods from Agriculture," Journal of Agricultural Economics, Wiley Blackwell, vol. 49(3), pages 334-345, September.
    47. Radkevitch, U.L. & van Heck, H.W.G.M. & Koppius, O.R., 2008. "Choosing between Auctions and Negotiations in Online B2B Markets for IT Services: The Effect of Prior Relationships and Performance," ERIM Report Series Research in Management ERS-2008-004-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    48. Michael H. Rothkopf, 2007. "Decision Analysis: The Right Tool for Auctions," Decision Analysis, INFORMS, vol. 4(3), pages 167-172, September.
    49. Michael H. Rothkopf & Sunju Park, 2001. "An Elementary Introduction to Auctions," Interfaces, INFORMS, vol. 31(6), pages 83-97, December.
    50. Swider, Derk J. & Weber, Christoph, 2007. "Bidding under price uncertainty in multi-unit pay-as-bid procurement auctions for power systems reserve," European Journal of Operational Research, Elsevier, vol. 181(3), pages 1297-1308, September.
    51. Ali E. Abbas & Il-Horn Hann, 2010. "Measuring Risk Aversion in a Name-Your-Own-Price Channel," Decision Analysis, INFORMS, vol. 7(1), pages 123-136, March.
    52. Rachel R. Chen & Robin O. Roundy & Rachel Q. Zhang & Ganesh Janakiraman, 2005. "Efficient Auction Mechanisms for Supply Chain Procurement," Management Science, INFORMS, vol. 51(3), pages 467-482, March.
    53. Ceesay, Muhammed, 2023. "Secret vs Public Rings in Common Value Auctions," EconStor Preprints 279484, ZBW - Leibniz Information Centre for Economics.
    54. Yixin Lu & Alok Gupta & Wolfgang Ketter & Eric van Heck, 2019. "Dynamic Decision Making in Sequential Business-to-Business Auctions: A Structural Econometric Approach," Management Science, INFORMS, vol. 65(8), pages 3853-3876, August.
    55. Sharma, Sunil, 2015. "Strategic Judgment under Pervasive Uncertainty," IIMA Working Papers WP2015-03-20, Indian Institute of Management Ahmedabad, Research and Publication Department.
    56. Bagchi, Aniruddha & Aliyas Paul, Jomon & Maloni, Michael, 2011. "Improving bid efficiency for humanitarian food aid procurement," International Journal of Production Economics, Elsevier, vol. 134(1), pages 238-245, November.
    57. Benjamin M. Simon, 1998. "Federal Acquisition Of Water Through Voluntary Transactions For Environmental Purposes," Contemporary Economic Policy, Western Economic Association International, vol. 16(4), pages 422-432, October.
    58. Muhammad Ejaz & Stephen Joe & Chaitanya Joshi, 2021. "Adversarial Risk Analysis for Auctions Using Mirror Equilibrium and Bayes Nash Equilibrium," Decision Analysis, INFORMS, vol. 18(3), pages 185-202, September.
    59. Walley, Matthew J.C. & Fortin, David R., 2005. "Behavioral outcomes from online auctions: reserve price, reserve disclosure, and initial bidding influences in the decision process," Journal of Business Research, Elsevier, vol. 58(10), pages 1409-1418, October.
    60. Peter Cramton, 1995. "Money Out of Thin Air: The Nationwide Narrowband PCS Auction," Papers of Peter Cramton 95jems, University of Maryland, Department of Economics - Peter Cramton, revised 09 Jun 1998.
    61. Teich, Jeffrey E. & Wallenius, Hannele & Wallenius, Jyrki & Zaitsev, Alexander, 2006. "A multi-attribute e-auction mechanism for procurement: Theoretical foundations," European Journal of Operational Research, Elsevier, vol. 175(1), pages 90-100, November.
    62. Kuo, Chung-Wei & Jou, Rong-Chang & Chiu, Yi-Chun, 2025. "Bidding behavior on international airline routes: Exploring passenger psychology and strategies," Transport Policy, Elsevier, vol. 163(C), pages 335-347.
    63. Atanu R. Sinha & Eric A. Greenleaf, 2000. "The Impact of Discrete Bidding and Bidder Aggressiveness on Sellers' Strategies in Open English Auctions: Reserves and Covert Shilling," Marketing Science, INFORMS, vol. 19(3), pages 244-265, May.
    64. Schilizzi, Steven & Latacz-Lohmann, Uwe, 2009. "Predicting the performance of conservation tenders when information on bidders's costs is limited," 2009 Conference (53rd), February 11-13, 2009, Cairns, Australia 48171, Australian Agricultural and Resource Economics Society.
    65. Park, Sunju & Rothkopf, Michael H., 2005. "Auctions with bidder-determined allowable combinations," European Journal of Operational Research, Elsevier, vol. 161(2), pages 399-415, March.
    66. Ronald M. Harstad & Aleksandar Saša Pekeč, 2008. "Relevance to Practice and Auction Theory: A Memorial Essay for Michael Rothkopf," Interfaces, INFORMS, vol. 38(5), pages 367-380, October.
    67. Gustavo Vulcano & Garrett van Ryzin & Costis Maglaras, 2002. "Optimal Dynamic Auctions for Revenue Management," Management Science, INFORMS, vol. 48(11), pages 1388-1407, November.
    68. Fairchild, A.M. & van Heck, E. & Kleijnen, J.P.C. & Ribbers, P.M.A., 2002. "Creating alternative electronic trading mechanisms in time-sensitive transaction markets," Other publications TiSEM 3a9c1dad-3e51-40ca-a185-b, Tilburg University, School of Economics and Management.
    69. Gregory E. Kersten & Tomasz Wachowicz & Margaret Kersten, 2016. "Competition, Transparency, and Reciprocity: A Comparative Study of Auctions and Negotiations," Group Decision and Negotiation, Springer, vol. 25(4), pages 693-722, July.
    70. Wilfred Amaldoss & Sanjay Jain, 2008. "Joint Bidding in the Name-Your-Own-Price Channel: A Strategic Analysis," Management Science, INFORMS, vol. 54(10), pages 1685-1699, October.
    71. Teich, Jeffrey E. & Wallenius, Hannele & Wallenius, Jyrki & Koppius, Otto R., 2004. "Emerging multiple issue e-auctions," European Journal of Operational Research, Elsevier, vol. 159(1), pages 1-16, November.
    72. Sharma, Sunil & Sud, Mukesh, 2019. "Impact of regulatory framework on bidding behavior of firms: Policy implications for the oil & gas sector," Energy Policy, Elsevier, vol. 131(C), pages 33-42.
    73. Octavian Carare & Michael Rothkopf, 2005. "Slow Dutch Auctions," Management Science, INFORMS, vol. 51(3), pages 365-373, March.
    74. Dutta, Goutam & Natesan, Sumeetha R., 2016. "Optimization of Customized Pricing with Multiple Overlapping Competing Bids," IIMA Working Papers WP2016-11-02, Indian Institute of Management Ahmedabad, Research and Publication Department.
    75. Sayman, Serdar & Akçay, Yalçın, 2020. "A Transaction Utility Approach for Bidding in Second-Price Auctions," Journal of Interactive Marketing, Elsevier, vol. 49(C), pages 86-93.
    76. Thomas D. Jeitschko, 1998. "Learning in Sequential Auctions," Southern Economic Journal, John Wiley & Sons, vol. 65(1), pages 98-112, July.
    77. Jeffery D. Connor & John R. Ward & Brett Bryan, 2008. "Exploring the cost effectiveness of land conservation auctions and payment policies ," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 52(3), pages 303-319, September.
    78. Amar Cheema & Peter Leszczyc & Rajesh Bagchi & Richard Bagozzi & James Cox & Utpal Dholakia & Eric Greenleaf & Amit Pazgal & Michael Rothkopf & Michael Shen & Shyam Sunder & Robert Zeithammer, 2005. "Economics, Psychology, and Social Dynamics of Consumer Bidding in Auctions," Marketing Letters, Springer, vol. 16(3), pages 401-413, December.
    79. Haile, Philip A., 2003. "Auctions with private uncertainty and resale opportunities," Journal of Economic Theory, Elsevier, vol. 108(1), pages 72-110, January.
    80. Ronald Harstad, 2000. "Dominant Strategy Adoption and Bidders' Experience with Pricing Rules," Experimental Economics, Springer;Economic Science Association, vol. 3(3), pages 261-280, December.
    81. James E. Smith & Detlof von Winterfeldt, 2004. "Anniversary Article: Decision Analysis in Management Science," Management Science, INFORMS, vol. 50(5), pages 561-574, May.
    82. Anuja Hariharan & Marc Thomas Philipp Adam & Timm Teubner & Christof Weinhardt, 2016. "Think, feel, bid: the impact of environmental conditions on the role of bidders’ cognitive and affective processes in auction bidding," Electronic Markets, Springer;IIM University of St. Gallen, vol. 26(4), pages 339-355, November.
    83. Lance W. Saunders & J. Paul Brooks & Jason R. W. Merrick & Chad W. Autry, 2020. "Addressing Economic/Environmental Sustainability Trade‐offs in Procurement Episodes with Industrial Suppliers," Production and Operations Management, Production and Operations Management Society, vol. 29(5), pages 1256-1269, May.
    84. Hidvegi, Zoltan & Wang, Wenli & Whinston, Andrew B., 2006. "Buy-price English auction," Journal of Economic Theory, Elsevier, vol. 129(1), pages 31-56, July.
    85. Robert J. Kauffman & Salvatore T. March & Charles A. Wood, 2000. "Design principles for long‐lived Internet agents," Intelligent Systems in Accounting, Finance and Management, John Wiley & Sons, Ltd., vol. 9(4), pages 217-236, December.

  22. Rothkopf, Michael H. & Harstad, Ronald M., 1994. "On the role of discrete bid levels in oral auctions," European Journal of Operational Research, Elsevier, vol. 74(3), pages 572-581, May.

    Cited by:

    1. Bulow, Jeremy I. & Klemperer, Paul D., 2007. "When Are Auctions Best?," Research Papers 1973, Stanford University, Graduate School of Business.
    2. Isaac, R. Mark & Salmon, Timothy C. & Zillante, Arthur, 2007. "A theory of jump bidding in ascending auctions," Journal of Economic Behavior & Organization, Elsevier, vol. 62(1), pages 144-164, January.
    3. Carpenter, Jeffrey & Holmes, Jessica & Matthews, Peter Hans, 2011. "Jumping and sniping at the silents: Does it matter for charities?," Journal of Public Economics, Elsevier, vol. 95(5), pages 395-402.
    4. Lim, Wooyoung & Xiong, Siyang, 2021. "Does jump bidding increase sellers’ revenue? Theory and experiment," Journal of Economic Behavior & Organization, Elsevier, vol. 189(C), pages 84-110.
    5. Dodonova, Anna & Khoroshilov, Yuri, 2020. "Preemptive bidding in common value takeover auctions: Social surplus and the target’s revenue," The North American Journal of Economics and Finance, Elsevier, vol. 53(C).
    6. Dodonova, Anna, 2013. "Preemptive bidding in takeover auctions with externality," Journal of Economics and Business, Elsevier, vol. 69(C), pages 35-44.
    7. Li, Zhen & Kuo, Ching-Chung, 2011. "Revenue-maximizing Dutch auctions with discrete bid levels," European Journal of Operational Research, Elsevier, vol. 215(3), pages 721-729, December.
    8. Liad Blumrosen & Michal Feldman, 2005. "Implementation with a Bounded Action Space," Discussion Paper Series dp412, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
    9. Ricardo Gonçalves & Indrajit Ray, 2024. "Revenue implications of choosing discrete bid levels in a Japanese–English auction," Review of Economic Design, Springer;Society for Economic Design, vol. 28(1), pages 125-150, February.
    10. Janne Tukiainen, 2017. "Effects of Minimum Bid Increments in Internet Auctions: Evidence from a Field Experiment," Journal of Industrial Economics, Wiley Blackwell, vol. 65(3), pages 597-622, September.
    11. Ernan Haruvy & Peter T. L. Popkowski Leszczyc & Octavian Carare & James C. Cox & Eric A. Greenleaf & Wolfgang Jank & Sandy Jap & Young-Hoon Park & Michael H. Rothkopf, 2008. "Competition Between Auctions," Experimental Economics Center Working Paper Series 2008-02, Experimental Economics Center, Andrew Young School of Policy Studies, Georgia State University.
      • Ernan Haruvy & Peter Popkowski Leszczyc & Octavian Carare & James Cox & Eric Greenleaf & Wolfgang Jank & Sandy Jap & Young-Hoon Park & Michael Rothkopf, 2008. "Competition between auctions," Marketing Letters, Springer, vol. 19(3), pages 431-448, December.
    12. Grigorieva, Elena & Jean-Jacques Herings, P. & Müller, Rudolf & Vermeulen, Dries, 2012. "Fraction auctions: The tradeoff between efficiency and running time," European Journal of Operational Research, Elsevier, vol. 220(2), pages 577-587.
    13. Grigorieva, Elena & Herings, P. Jean-Jacques & Müller, Rudolf & Vermeulen, Dries, 2011. "Inefficiency of equilibria in digital mechanisms with continuous valuations," Journal of Mathematical Economics, Elsevier, vol. 47(4-5), pages 541-544.
    14. Gonçalves, Ricardo & Ray, Indrajit, 2017. "A note on the wallet game with discrete bid levels," Economics Letters, Elsevier, vol. 159(C), pages 177-179.
    15. Itzhak Rasooly & Carlos Gavidia-Calderon, 2020. "The importance of being discrete: on the inaccuracy of continuous approximations in auction theory," Papers 2006.03016, arXiv.org, revised Aug 2022.
    16. Dirk Bergemann & Ji Shen & Yun Xu & Edmund M. Yeh, 2012. "Multi-dimensional Mechanism Design with Limited Information," Cowles Foundation Discussion Papers 1859, Cowles Foundation for Research in Economics, Yale University.
    17. Li, Zhen & Yue, Jinfeng & Kuo, Ching-Chung, 2018. "Design of discrete Dutch auctions with consideration of time," European Journal of Operational Research, Elsevier, vol. 265(3), pages 1159-1171.
    18. Octavian Carare, 2012. "Reserve Prices in Repeated Auctions," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 40(3), pages 225-247, May.
    19. Ravi Bapna & Paulo Goes & Alok Gupta, 2003. "Replicating Online Yankee Auctions to Analyze Auctioneers' and Bidders' Strategies," Information Systems Research, INFORMS, vol. 14(3), pages 244-268, September.
    20. Teich, J.E. & Wallenius, H. & Wallenius, J. & Koppius, O.R., 2003. "Emerging Multiple e-Auctions," ERIM Report Series Research in Management ERS-2003-058-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    21. Zhen Li & Ching-Chung Kuo, 2013. "Design of discrete Dutch auctions with an uncertain number of bidders," Annals of Operations Research, Springer, vol. 211(1), pages 255-272, December.
    22. Dodonova, Anna & Khoroshilov, Yuri, 2014. "Can preemptive bidding in takeover auctions be socially optimal? Yes it can," The North American Journal of Economics and Finance, Elsevier, vol. 27(C), pages 34-47.
    23. Yongfu He & Peter Popkowski Leszczyc, 2013. "The impact of jump bidding in online auctions," Marketing Letters, Springer, vol. 24(4), pages 387-397, December.
    24. Liad Blumrosen & Michal Feldman, 2005. "Implementation with a Bounded Action Space," Levine's Bibliography 122247000000000930, UCLA Department of Economics.
    25. Gon alves, Ricardo & Ray, Indrajit, 2016. "Equilibria in a Japanese-English Auction with Discrete Bid Levels for the Wallet Game," Cardiff Economics Working Papers E2016/13, Cardiff University, Cardiff Business School, Economics Section.
    26. Khoroshilov, Yuri, 2012. "Preemptive bidding in takeover auctions with affiliated values," The Quarterly Review of Economics and Finance, Elsevier, vol. 52(4), pages 395-401.
    27. Ricardo Gonçalves & John D Hey, 2007. "Experimental Evidence on English Auctions: Oral Outcry vs. Clock," Discussion Papers 07/09, Department of Economics, University of York.
    28. Fabio Michelucci, 2022. "Promoting Entry and Efficiency via Reserve Prices," Games, MDPI, vol. 13(4), pages 1-7, June.
    29. Flesch, J. & Perea ý Monsuwé, A., 2009. "Strategic disclosure of random variables," Research Memorandum 023, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    30. Yiakoumi, Despina & Rouaix, Agathe & Phimister, Euan, 2022. "Evaluating capacity auction design for electricity: An experimental analysis," Energy Economics, Elsevier, vol. 115(C).
    31. Grigorieva, E. & Herings, P.J.J. & Müller, R.J. & Vermeulen, A.J., 2006. "Inefficiency of equilibria in query auctions with continuous valuations," Research Memorandum 017, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    32. Jérémie Gallien & Lawrence M. Wein, 2005. "A Smart Market for Industrial Procurement with Capacity Constraints," Management Science, INFORMS, vol. 51(1), pages 76-91, January.
    33. Blumrosen, Liad & Feldman, Michal, 2013. "Mechanism design with a restricted action space," Games and Economic Behavior, Elsevier, vol. 82(C), pages 424-443.
    34. Gonçalves, Ricardo & Ray, Indrajit, 2017. "Partition Equilibria in a Japanese-English Auction with Discrete Bid Levels for the Wallet Game," CRETA Online Discussion Paper Series 34, Centre for Research in Economic Theory and its Applications CRETA.
    35. Mihai Banciu & Prakash Mirchandani, 2013. "Technical Note—New Results Concerning Probability Distributions with Increasing Generalized Failure Rates," Operations Research, INFORMS, vol. 61(4), pages 925-931, August.
    36. Wenqian Wang & Zhiwen Zheng, 2025. "On the Dominance of Truth-Telling in Gradual Mechanisms," Papers 2501.08802, arXiv.org, revised Mar 2025.
    37. Chonawee Supatgiat & John R. Birge & Rachel Q. Zhang, 2002. "Optimal Bidding Strategies in Non-Sealed Bid Online Auctions of Common Products with Quantity Uncertainty," Game Theory and Information 0211005, University Library of Munich, Germany, revised 05 Mar 2003.
    38. Peter Cramton & Pacharasut Sujarittanonta, 2009. "Pricing Rule in a Clock Auction," Papers of Peter Cramton 09prca, University of Maryland, Department of Economics - Peter Cramton, revised 2009.
    39. Peter Cramton, 1995. "Money Out of Thin Air: The Nationwide Narrowband PCS Auction," Papers of Peter Cramton 95jems, University of Maryland, Department of Economics - Peter Cramton, revised 09 Jun 1998.
    40. Ronald M. Harstad & Aleksandar Saša Pekeč, 2008. "Relevance to Practice and Auction Theory: A Memorial Essay for Michael Rothkopf," Interfaces, INFORMS, vol. 38(5), pages 367-380, October.
    41. Teich, Jeffrey E. & Wallenius, Hannele & Wallenius, Jyrki & Koppius, Otto R., 2004. "Emerging multiple issue e-auctions," European Journal of Operational Research, Elsevier, vol. 159(1), pages 1-16, November.
    42. Sommervoll, Dag Einar, 2020. "Jump bids in real estate auctions," Journal of Housing Economics, Elsevier, vol. 49(C).
    43. Amar Cheema & Dipankar Chakravarti & Atanu R. Sinha, 2012. "Bidding Behavior in Descending and Ascending Auctions," Marketing Science, INFORMS, vol. 31(5), pages 779-800, September.
    44. Yaron Raviv, 2008. "The Role Of The Bidding Process In Price Determination: Jump Bidding In Sequential English Auctions," Economic Inquiry, Western Economic Association International, vol. 46(3), pages 325-341, July.
    45. Ricardo Gonçalves, 2008. "A communication equilibrium in English auctions with discrete bidding," Working Papers de Economia (Economics Working Papers) 042008, Católica Porto Business School, Universidade Católica Portuguesa.
    46. Kos, Nenad, 2012. "Communication and efficiency in auctions," Games and Economic Behavior, Elsevier, vol. 75(1), pages 233-249.
    47. Robert F. Bordley & Elena Katok & L. Robin Keller, 2010. "Honoring Michael H. Rothkopf's Legacy of Rigor and Relevance in Auction Theory: From the Editors," Decision Analysis, INFORMS, vol. 7(1), pages 1-4, March.

  23. Harstad, Ronald M. & Kagel, John H. & Levin, Dan, 1990. "Equilibrium bid functions for auctions with an uncertain number of bidders," Economics Letters, Elsevier, vol. 33(1), pages 35-40, May.

    Cited by:

    1. Mark Isaac & Svetlana Pevnitskaya & Kurt S. Schnier, 2012. "Individual Behavior And Bidding Heterogeneity In Sealed Bid Auctions Where The Number Of Bidders Is Unknown," Economic Inquiry, Western Economic Association International, vol. 50(2), pages 516-533, April.
    2. Charles A. Holt & Roger Sherman, 2014. "Risk Aversion and the Winner's Curse," Southern Economic Journal, John Wiley & Sons, vol. 81(1), pages 7-22, July.
    3. Luke Boosey & Philip Brookins & Dmitry Ryvkin, 2020. "Entry in group contests," Working Papers wp2020_02_01, Department of Economics, Florida State University.
    4. Adrian Hillenbrand & Fabian Winter, 2017. "Volunteering under Population Uncertainty," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2017_12, Max Planck Institute for Research on Collective Goods.
    5. Aleksandar Saša Pekev{c} & Ilia Tsetlin, 2008. "Revenue Ranking of Discriminatory and Uniform Auctions with an Unknown Number of Bidders," Management Science, INFORMS, vol. 54(9), pages 1610-1623, September.
    6. James Albrecht & Pieter Gautier & Susan Vroman, 2016. "Directed Search in the Housing Market," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 19, pages 218-231, January.
    7. Bos, Olivier, 2012. "Wars of attrition and all-pay auctions with stochastic competition," Journal of Mathematical Economics, Elsevier, vol. 48(2), pages 83-91.
    8. Garrett van Ryzin & Gustavo Vulcano, 2004. "Optimal Auctioning and Ordering in an Infinite Horizon Inventory-Pricing System," Operations Research, INFORMS, vol. 52(3), pages 346-367, June.
    9. Tiziano De Angelis & Erik Ekstrom, 2019. "Playing with ghosts in a Dynkin game," Papers 1905.06564, arXiv.org.
    10. Itzhak Rasooly, 2021. "Going... going... wrong: a test of the level-k (and cognitive hierarchy) models of bidding behaviour," Papers 2111.05686, arXiv.org.
    11. Engelbrecht-Wiggans, Richard, 2001. "The effect of entry and information costs on oral versus sealed-bid auctions," Economics Letters, Elsevier, vol. 70(2), pages 195-202, February.
    12. Ryvkin, Dmitry & Drugov, Mikhail, 2020. "The shape of luck and competition in winner-take-all tournaments," Theoretical Economics, Econometric Society, vol. 15(4), November.
    13. Patrick Bajari & Ali Hortaçsu, 2004. "Economic Insights from Internet Auctions," Journal of Economic Literature, American Economic Association, vol. 42(2), pages 457-486, June.
    14. Tong Li & Xiaoyong Zheng, 2006. "Entry and competition effects in first-price auctions: theory and evidence from procurement auctions," CeMMAP working papers CWP13/06, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
    15. Toshihiro Tsuchihashi, 2020. "Reserve price signaling in first-price auctions with an uncertain number of bidders," International Journal of Game Theory, Springer;Game Theory Society, vol. 49(4), pages 1081-1103, December.
    16. Gianni De Fraja & Jozsef Sakovics, 2001. "Walras Retrouve: Decentralized Trading Mechanisms and the Competitive Price," Journal of Political Economy, University of Chicago Press, vol. 109(4), pages 842-863, August.
    17. Olivier Bos, 2010. "Wars of Attrition with Stochastic Competition," Working Paper Series in Economics 47, University of Cologne, Department of Economics.
    18. Itzhak Rasooly, 2023. "Going... going... wrong: a test of the level-k (and cognitive hierarchy) models of bidding behaviour," PSE Working Papers halshs-04328602, HAL.
    19. Milchtaich, Igal, 2004. "Random-player games," Games and Economic Behavior, Elsevier, vol. 47(2), pages 353-388, May.
    20. Gallien, Jérémie. & Wein, Lawrence M., 2003. "Design and analysis of a smart market for industrial procurement," Working papers WP 4137-00., Massachusetts Institute of Technology (MIT), Sloan School of Management.
    21. Couture, Victor, 2015. "Knowledge spillovers in cities: An auction approach," Journal of Economic Theory, Elsevier, vol. 157(C), pages 668-698.
    22. De Angelis, Tiziano & Ekström, Erik, 2020. "Playing with ghosts in a Dynkin game," Stochastic Processes and their Applications, Elsevier, vol. 130(10), pages 6133-6156.
    23. Cao, Xiaoyong & Tian, Guoqiang, 2010. "Equilibria in first price auctions with participation costs," Games and Economic Behavior, Elsevier, vol. 69(2), pages 258-273, July.
    24. Yusuke Matsuki, 2016. "A Distribution-Free Test of Monotonicity with an Application to Auctions," Working Papers e110, Tokyo Center for Economic Research.
    25. Ronald M. Harstad, 2005. "Rational Participation Revolutionizes Auction Theory," Working Papers 0518, Department of Economics, University of Missouri.
    26. Vleugels, Jan, 1997. "Bidding against an unknown number of competitiors sharing affiliated information," Sonderforschungsbereich 504 Publications 97-13, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
    27. Johannes Münster, 2006. "Contests with an unknown number of contestants," Public Choice, Springer, vol. 129(3), pages 353-368, December.
    28. Harstad, Ronald M. & Pekec, Aleksandar Sasa & Tsetlin, Ilia, 2008. "Information aggregation in auctions with an unknown number of bidders," Games and Economic Behavior, Elsevier, vol. 62(2), pages 476-508, March.
    29. Halevy, Yoram & Michtaich, Igal, 2005. "Poisson Price Dispersion," Microeconomics.ca working papers halevy-05-07-26-12-10-45, Vancouver School of Economics, revised 25 Feb 2014.
    30. Drugov, Mikhail & Ryvkin, Dmitry, 2017. "Winner-Take-All Tournaments," CEPR Discussion Papers 12067, C.E.P.R. Discussion Papers.
    31. Luke Boosey & Philip Brookins & Dmitry Ryvkin, 2016. "Contests with group size uncertainty: Experimental evidence," Working Papers wp2016_07_01, Department of Economics, Florida State University.
    32. Grant, Simon & Kajii, Atsushi & Menezes, Flavio & Ryan, Matthew, 2003. "Auctions with Options to Re-auction," Working Papers 2003-15, Rice University, Department of Economics.
    33. Yunmi Kong, 2020. "Not knowing the competition: evidence and implications for auction design," RAND Journal of Economics, RAND Corporation, vol. 51(3), pages 840-867, September.
    34. Aron, Janine & Elbadawi, Ibrahim, 1994. "A typology of foreign exchange auction markets in sub-Saharan Africa : dynamic models for auction exchange rates," Policy Research Working Paper Series 1396, The World Bank.
    35. Ronald M Harstad, 2011. "Endogenous Competition Alters the Structure of Optimal Auctions," ISER Discussion Paper 0816, Institute of Social and Economic Research, The University of Osaka.
    36. Ravi Kashyap, 2016. "Securities Lending Strategies: Exclusive Valuations and Auction Bids," Papers 1603.00987, arXiv.org, revised Jul 2019.
    37. Yangguang Huang, 2021. "Search Algorithm and Sales on Online Platforms: Evidence from Food Delivery Platforms," HKUST CEP Working Papers Series 202101, HKUST Center for Economic Policy.
    38. Marmer, Vadim & Shneyerov, Artyom & Xu, Pai, 2013. "What model for entry in first-price auctions? A nonparametric approach," Journal of Econometrics, Elsevier, vol. 176(1), pages 46-58.
    39. Patrick Bajari & Ali Hortacsu, 2003. "Economic Insights from Internet Auctions: A Survey," NBER Working Papers 10076, National Bureau of Economic Research, Inc.
    40. Drugov, Mikhail & Ryvkin, Dmitry, 2017. "Optimal Tournaments," CEPR Discussion Papers 12368, C.E.P.R. Discussion Papers.
    41. Diego Aycinena & Lucas Rentschler, 2018. "Auctions with endogenous participation and an uncertain number of bidders: experimental evidence," Experimental Economics, Springer;Economic Science Association, vol. 21(4), pages 924-949, December.
    42. Rittwik Chatterjee, 2013. "A Brief Survey of the Theory of Auction," South Asian Journal of Macroeconomics and Public Finance, , vol. 2(2), pages 169-191, December.
    43. Luke Boosey & Philip Brookins & Dmitry Ryvkin, 2017. "Contests between groups of unknown size," Working Papers wp2017_03_01, Department of Economics, Florida State University.
    44. Adrian Hillenbrand & Tobias Werner & Fabian Winter, 2020. "Volunteering at the Workplace under Incomplete Information: Teamsize Does Not Matter," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2020_04, Max Planck Institute for Research on Collective Goods.
    45. Dmitry Ryvkin & Mikhail Drugov, 2017. "Tournaments," Working Papers wp2017_03_02, Department of Economics, Florida State University.
    46. Vladimirov, Vladimir, 2015. "Financing bidders in takeover contests," Journal of Financial Economics, Elsevier, vol. 117(3), pages 534-557.
    47. Hsueh, Shao-Chieh & Tian, Guoqiang, 2009. "Nonratifiability of the Cartel Mechanism in First-Price Sealed-Bid Auction with Participation Costs," MPRA Paper 41202, University Library of Munich, Germany, revised Oct 2010.
    48. Drugov, Mikhail & Ryvkin, Dmitry, 2020. "How noise affects effort in tournaments," Journal of Economic Theory, Elsevier, vol. 188(C).
    49. Mikhail Drugov & Dmitry Ryvkin, 2018. "Tournament Rewards and Heavy Tails," Working Papers w0250, Center for Economic and Financial Research (CEFIR).
    50. Jason Allen & Robert Clark & Brent R. Hickman & Eric Richert, 2022. "Resolving Failed Banks: Uncertainty, Multiple Bidding & Auction Design," Working Paper 1422, Economics Department, Queen's University.
    51. Mikhail Drugov & Dmitry Ryvkin, 2019. "The shape of luck and competition in tournaments," Working Papers w0251, New Economic School (NES).
    52. Flavio Menezes & Paulo Klinger Monteiro, 1996. "A Note on Auctions with Endogenous Participation," Microeconomics 9610003, University Library of Munich, Germany, revised 31 Oct 1996.
    53. Jérémie Gallien & Lawrence M. Wein, 2005. "A Smart Market for Industrial Procurement with Capacity Constraints," Management Science, INFORMS, vol. 51(1), pages 76-91, January.
    54. Cao, Xiaoyong & Tian, Guoqiang, 2012. "Second-Price Auctions with Different Participation Costs," MPRA Paper 41200, University Library of Munich, Germany.
    55. Huang, Yangguang & Xie, Yu, 2023. "Search algorithm, repetitive information, and sales on online platforms," International Journal of Industrial Organization, Elsevier, vol. 88(C).
    56. Yili Hong & Chong (Alex) Wang & Paul A. Pavlou, 2016. "Comparing Open and Sealed Bid Auctions: Evidence from Online Labor Markets," Information Systems Research, INFORMS, vol. 27(1), pages 49-69, March.
    57. Amine Allouah & Omar Besbes, 2020. "Prior-Independent Optimal Auctions," Management Science, INFORMS, vol. 66(10), pages 4417-4432, October.
    58. Ravi Kashyap, 2018. "Auction Theory Adaptations for Real Life Applications," Papers 1810.01736, arXiv.org, revised May 2019.
    59. Zhixi Wan & Damian R. Beil, 2009. "RFQ Auctions with Supplier Qualification Screening," Operations Research, INFORMS, vol. 57(4), pages 934-949, August.
    60. Vleugels, Jan, 1997. "Bidding against an unknown number of competitors sharing affiliated information," Papers 97-13, Sonderforschungsbreich 504.
    61. Cao, Xiaoyong & Tian, Guoqiang, 2007. "Second-price Auction with Two-Dimensional Private Information on Values and Participation Costs," MPRA Paper 41224, University Library of Munich, Germany.
    62. Itzhak Rasooly, 2022. "Going...going...wrong: a test of the level-k (and cognitive hierarchy) models of bidding behaviour," Economics Series Working Papers 959, University of Oxford, Department of Economics.
    63. Xu, Xiaoshu & Levin, Dan & Ye, Lixin, 2013. "Auctions with entry and resale," Games and Economic Behavior, Elsevier, vol. 79(C), pages 92-105.
    64. Haviv, Moshe & Milchtaich, Igal, 2012. "Auctions with a random number of identical bidders," Economics Letters, Elsevier, vol. 114(2), pages 143-146.
    65. Levin, Dan & Ozdenoren, Emre, 2004. "Auctions with uncertain numbers of bidders," Journal of Economic Theory, Elsevier, vol. 118(2), pages 229-251, October.
    66. Blancas, Luis & Chioda, Laura & Cordella, Tito & Oliveira, Alexandre & Vardy, Felix, 2011. "Do procurement rules impact infrastructure investment efficiency ? an empirical analysis of inversao das fases in Sao Paulo state," Policy Research Working Paper Series 5528, The World Bank.
    67. Tatiana Komorova, 2009. "Nonparametric Identification inAsymmetricSecond-Price Auctions: A New Approach," STICERD - Econometrics Paper Series 545, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    68. Werner, Tobias & Hillenbrand, Adrian & Winter, Fabian, 2020. "Volunteering at the Workplace under Incomplete Information: Team Size Does Not Matter," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224519, Verein für Socialpolitik / German Economic Association.
    69. Tian, Guoqiang & Xiao, Mingjun, 2009. "Vickrey Auctions with Sequential and Costly Participation," MPRA Paper 41203, University Library of Munich, Germany.
    70. Xu, Xun & Zeng, Shuo & He, Yuanjie, 2017. "The influence of e-services on customer online purchasing behavior toward remanufactured products," International Journal of Production Economics, Elsevier, vol. 187(C), pages 113-125.
    71. Kashyap, Ravi, 2018. "Auction theory adaptations for real life applications," Research in Economics, Elsevier, vol. 72(4), pages 452-481.
    72. Budde, Maximilian & Minner, Stefan, 2015. "Optimal capacity provision for service providers with subsequent auctioning of projects," International Journal of Production Economics, Elsevier, vol. 170(PB), pages 652-662.
    73. Stephan Lauermann & Andre Speit, 2023. "Bidding in Common‐Value Auctions With an Unknown Number of Competitors," Econometrica, Econometric Society, vol. 91(2), pages 493-527, March.

  24. Harstad, Ronald M, 1990. "Alternative Common-Value Auction Procedures: Revenue Comparisons with Free Entry," Journal of Political Economy, University of Chicago Press, vol. 98(2), pages 421-429, April.

    Cited by:

    1. Bulow, Jeremy I. & Klemperer, Paul D., 2007. "When Are Auctions Best?," Research Papers 1973, Stanford University, Graduate School of Business.
    2. Ronald M. Harstad & Michael H. Rothkopf, 2000. "An "Alternating Recognition" Model of English Auctions," Management Science, INFORMS, vol. 46(1), pages 1-12, January.
    3. Karla M. Johnstone & Jean C. Bedard & Michael L. Ettredge, 2004. "The Effect of Competitive Bidding on Engagement Planning and Pricing," Contemporary Accounting Research, John Wiley & Sons, vol. 21(1), pages 25-53, March.
    4. Chen, Jiafeng & Kominers, Scott Duke, 2021. "Auctioneers sometimes prefer entry fees to extra bidders," International Journal of Industrial Organization, Elsevier, vol. 79(C).
    5. Aleksandar Saša Pekev{c} & Ilia Tsetlin, 2008. "Revenue Ranking of Discriminatory and Uniform Auctions with an Unknown Number of Bidders," Management Science, INFORMS, vol. 54(9), pages 1610-1623, September.
    6. Bulow, Jeremy & Klemperer, Paul, 2009. "Why Do Sellers (Usually) Prefer Auctions?," CEPR Discussion Papers 7411, C.E.P.R. Discussion Papers.
    7. Alexander Matros & Alex Possajennikov, 2014. "Common Value Allocation Mechanisms with Private Information: Lotteries or Auctions?," Discussion Papers 2014-07, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
    8. Jingfeng Lu, 2010. "Entry Coordination And Auction Design With Private Costs Of Information Acquisition," Economic Inquiry, Western Economic Association International, vol. 48(2), pages 274-289, April.
    9. James Cox & Sam Dinkin & James Swarthout, 2001. "Endogenous Entry and Exit in Common Value Auctions," Experimental Economics, Springer;Economic Science Association, vol. 4(2), pages 163-181, October.
    10. Waterson, Michaël & Canoy, Marcel, 1994. "Tendering, auctions and preparation costs," CEPREMAP Working Papers (Couverture Orange) 9410, CEPREMAP.
    11. Ernan Haruvy & Peter T. L. Popkowski Leszczyc & Octavian Carare & James C. Cox & Eric A. Greenleaf & Wolfgang Jank & Sandy Jap & Young-Hoon Park & Michael H. Rothkopf, 2008. "Competition Between Auctions," Experimental Economics Center Working Paper Series 2008-02, Experimental Economics Center, Andrew Young School of Policy Studies, Georgia State University.
      • Ernan Haruvy & Peter Popkowski Leszczyc & Octavian Carare & James Cox & Eric Greenleaf & Wolfgang Jank & Sandy Jap & Young-Hoon Park & Michael Rothkopf, 2008. "Competition between auctions," Marketing Letters, Springer, vol. 19(3), pages 431-448, December.
    12. Tian Tian & Jiahao Deng, 2024. "Unleashing the Power of AI: Transforming Marketing Decision-Making in Heavy Machinery with Machine Learning, Radar Chart Simulation, and Markov Chain Analysis," Papers 2405.01913, arXiv.org.
    13. Ronald M. Harstad, 2007. "Does a Seller Really Want Another Bidder?," Working Papers 0711, Department of Economics, University of Missouri.
    14. Ivanova-Stenzel, Radosveta & Salmon, Tim, 2002. "Bidder preferences among auction institutions," SFB 373 Discussion Papers 2002,86, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
    15. Diego Aycinena & Hernán Bejarano & Lucas Rentschler, 2018. "Informed entry in auctions," International Journal of Game Theory, Springer;Game Theory Society, vol. 47(1), pages 175-205, March.
    16. Lawrence M. Ausubel & Peter Cramton & Marek Pycia & Marzena Rostek & Marek Weretka, 2014. "Demand Reduction and Inefficiency in Multi-Unit Auctions," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 81(4), pages 1366-1400.
    17. Olga Gorelkina, 2014. "Bidder Collusion and the Auction with Target Bids," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2014_10, Max Planck Institute for Research on Collective Goods.
    18. Tong Li & Xiaoyong Zheng, 2006. "Entry and competition effects in first-price auctions: theory and evidence from procurement auctions," CeMMAP working papers CWP13/06, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
    19. Tan, Guofu & Yilankaya, Okan, 2006. "Equilibria in second price auctions with participation costs," Journal of Economic Theory, Elsevier, vol. 130(1), pages 205-219, September.
    20. Ravi Bapna & Paulo Goes & Alok Gupta, 2003. "Replicating Online Yankee Auctions to Analyze Auctioneers' and Bidders' Strategies," Information Systems Research, INFORMS, vol. 14(3), pages 244-268, September.
    21. Vagstad, Steinar, 2007. "Should auctioneers supply early information for prospective bidders?," International Journal of Industrial Organization, Elsevier, vol. 25(3), pages 597-614, June.
    22. Jingfeng Lu, 2009. "Why a Simple Second-Price Auction Induces Efficient Endogenous Entry," Theory and Decision, Springer, vol. 66(2), pages 181-198, February.
    23. Eren Bilen & Deniz Dizdar & Chun‐Hui Miao, 2023. "Search less for a better price," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 56(2), pages 622-646, May.
    24. Bedri Kamil Onur Tas, 2020. "Effect of Public Procurement Regulation on Competition and Cost-Effectiveness," RSCAS Working Papers 2020/36, European University Institute.
    25. Olivier Compte & Philippe Jehiel, 2007. "Auctions and Informaton Acquisition: Sealed-bid or Dynamic Formats?," Post-Print halshs-00754227, HAL.
    26. Ángel Hernando Veciana, 2006. "Information Acquisition In Auctions: Sealed Bids Vs. Open Bids," Working Papers. Serie AD 2006-10, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    27. Nakanishi, Yoshinobu, 2022. "Determinants of the number of bidders and win-reserve ratio in open competitive tendering: Relationship-specific investments and incomplete contracts," Japan and the World Economy, Elsevier, vol. 63(C).
    28. De Silva, Dakshina G. & Dunne, Timothy & Kankanamge, Anuruddha & Kosmopoulou, Georgia, 2008. "The impact of public information on bidding in highway procurement auctions," European Economic Review, Elsevier, vol. 52(1), pages 150-181, January.
    29. Celik Gorkem & Yilankaya Okan, 2009. "Optimal Auctions with Simultaneous and Costly Participation," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 9(1), pages 1-33, July.
    30. Lawrence M. Ausubel & Peter Cramton, 1998. "The Optimality of Being Efficient," Papers of Peter Cramton 98wpoe, University of Maryland, Department of Economics - Peter Cramton, revised 18 Jun 1999.
    31. Cao, Xiaoyong & Tian, Guoqiang, 2010. "Equilibria in first price auctions with participation costs," Games and Economic Behavior, Elsevier, vol. 69(2), pages 258-273, July.
    32. Ronald M. Harstad, 2005. "Rational Participation Revolutionizes Auction Theory," Working Papers 0518, Department of Economics, University of Missouri.
    33. Vleugels, Jan, 1997. "Bidding against an unknown number of competitiors sharing affiliated information," Sonderforschungsbereich 504 Publications 97-13, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
    34. Ashish Arora & Amy Greenwald & Karthik Kannan & Ramayya Krishnan, 2007. "Effects of Information-Revelation Policies Under Market-Structure Uncertainty," Management Science, INFORMS, vol. 53(8), pages 1234-1248, August.
    35. Ronald M Harstad, 2011. "Endogenous Competition Alters the Structure of Optimal Auctions," ISER Discussion Paper 0816, Institute of Social and Economic Research, The University of Osaka.
    36. Michael H. Rothkopf & Ronald M. Harstad & Yuhong Fu, 2003. "Is Subsidizing Inefficient Bidders Actually Costly?," Management Science, INFORMS, vol. 49(1), pages 71-84, January.
    37. Peter Cramton, 1998. "Ascending Auctions," Papers of Peter Cramton 98eer, University of Maryland, Department of Economics - Peter Cramton, revised 28 Jul 1998.
    38. , C. & ,, 2013. "Adverse selection and unraveling in common-value labor markets," Theoretical Economics, Econometric Society, vol. 8(3), September.
    39. Ravi Jagannathan & Ann E. Sherman, 2006. "Why Do IPO Auctions Fail?," NBER Working Papers 12151, National Bureau of Economic Research, Inc.
    40. Sarah Parlane, 2003. "Auction versus private treaty," Working Papers 200306, School of Economics, University College Dublin.
    41. Hsueh, Shao-Chieh & Tian, Guoqiang, 2009. "Nonratifiability of the Cartel Mechanism in First-Price Sealed-Bid Auction with Participation Costs," MPRA Paper 41202, University Library of Munich, Germany, revised Oct 2010.
    42. Dakshina De Silva & Thomas Jeitschko & Georgia Kosmopoulou, 2009. "Entry and Bidding in Common and Private Value Auctions with an Unknown Number of Rivals," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 35(1), pages 73-93, September.
    43. Bedri Kamil Onur Tas, 2020. "Effect of public procurement regulation on competition and cost-effectiveness," Journal of Regulatory Economics, Springer, vol. 58(1), pages 59-77, August.
    44. Sherman, Ann E., 2005. "Global trends in IPO methods: Book building versus auctions with endogenous entry," Journal of Financial Economics, Elsevier, vol. 78(3), pages 615-649, December.
    45. Ausubel, Lawerence M. & Cramton, Peter, 1998. "The optimality of being efficient : designing auctions," Policy Research Working Paper Series 1985, The World Bank.
    46. Laffont, Jean-Jacques, 1997. "Game theory and empirical economics: The case of auction data 1," European Economic Review, Elsevier, vol. 41(1), pages 1-35, January.
    47. Cramton, Peter & Schwartz, Alan, 1991. "Using Auction Theory to Inform Takeover Regulation," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 7(1), pages 27-53, Spring.
    48. Holst, Gesa Sophie & Hermann, Daniel & Musshoff, Oliver, 2015. "Anchoring effects in an experimental auction – Are farmers anchored?," Journal of Economic Psychology, Elsevier, vol. 48(C), pages 106-117.
    49. Jean-Jacques Laffont, 1998. "Théorie des jeux et économie empirique : le cas des données issues d'enchères," Économie et Prévision, Programme National Persée, vol. 132(1), pages 121-137.
    50. Michel A. Habib & Alexandre Ziegler, 2003. "Why Government Bonds Are Sold by Auction and Corporate Bonds by Posted-Price Selling," FAME Research Paper Series rp78, International Center for Financial Asset Management and Engineering.
    51. Vleugels, Jan, 1997. "Bidding against an unknown number of competitors sharing affiliated information," Papers 97-13, Sonderforschungsbreich 504.
    52. Nishtha Langer & Chris Forman & Sunder Kekre & Baohong Sun, 2012. "Ushering Buyers into Electronic Channels: An Empirical Analysis," Information Systems Research, INFORMS, vol. 23(4), pages 1212-1231, December.
    53. Radosveta Ivanova‐Stenzel & Timothy C. Salmon, 2008. "Robustness Of Bidder Preferences Among Auction Institutions," Economic Inquiry, Western Economic Association International, vol. 46(3), pages 355-368, July.
    54. Ivanova-Stenzel, Radosveta & Salmon, Timothy C., 2006. "Anomalies in Auction Choice Behavior," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 174, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    55. Cao, Xiaoyong & Tian, Guoqiang, 2007. "Second-price Auction with Two-Dimensional Private Information on Values and Participation Costs," MPRA Paper 41224, University Library of Munich, Germany.
    56. Lawrence M. Ausubel & Peter Cramton, 1997. "Auctioning Securities," Papers of Peter Cramton 98wpas, University of Maryland, Department of Economics - Peter Cramton, revised Mar 1998.
    57. Gal, Shmuel & Landsberger, Michael & Nemirovski, Arkadi, 2007. "Participation in auctions," Games and Economic Behavior, Elsevier, vol. 60(1), pages 75-103, July.
    58. Habib, Michel A. & Ziegler, Alexandre, 2007. "Why government bonds are sold by auction and corporate bonds by posted-price selling," Journal of Financial Intermediation, Elsevier, vol. 16(3), pages 343-367, July.
    59. Albert Menkveld & Boyan Jovanovic, 2016. "Dispersion and Skewness of Bid Prices," 2016 Meeting Papers 1395, Society for Economic Dynamics.
    60. Mares Vlad & Shor Mikhael, 2012. "On the Competitive Effects of Bidding Syndicates," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 12(1), pages 1-33, September.
    61. John Duffy & Alexander Matros & Zehra Valencia, 2023. "Contests with entry fees: theory and evidence," Review of Economic Design, Springer;Society for Economic Design, vol. 27(4), pages 725-761, December.
    62. René Caldentey & Gustavo Vulcano, 2007. "Online Auction and List Price Revenue Management," Management Science, INFORMS, vol. 53(5), pages 795-813, May.
    63. Chakraborty, Indranil, 2006. "Bundle and separate sales in auctions with entry," Games and Economic Behavior, Elsevier, vol. 54(1), pages 31-46, January.
    64. Stephan Lauermann & Andre Speit, 2023. "Bidding in Common‐Value Auctions With an Unknown Number of Competitors," Econometrica, Econometric Society, vol. 91(2), pages 493-527, March.

  25. Kagel, John H & Harstad, Ronald M & Levin, Dan, 1987. "Information Impact and Allocation Rules in Auctions with Affiliated Private Values: A Laboratory Study," Econometrica, Econometric Society, vol. 55(6), pages 1275-1304, November.

    Cited by:

    1. Ivanova-Stenzel, Radosveta & Salmon, Timothy C., 2006. "Revenue Equivalence Revisited," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 175, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    2. David Lucking-Reiley & Charles H. Mullin, 2000. "Recombinant Estimation for Normal-Form Games, with Applications to Auctions and Bargaining," Vanderbilt University Department of Economics Working Papers 0014, Vanderbilt University Department of Economics.
    3. Björn Bartling & Nick Netzer, 2014. "An Externality-Robust Auction: Theory and Experimental Evidence," CESifo Working Paper Series 4771, CESifo.
    4. Arnab Mitra & Michael R. Moore, 2018. "Green Electricity Markets as Mechanisms of Public-Goods Provision: Theory and Experimental Evidence," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 71(1), pages 45-71, September.
    5. Stéphane Robin & Anne Rozan & Bernard Ruffieux, 2007. "Mesurer les préférences du consommateur pour orienter les décisions des pouvoirs publics : l’apport de la méthode expérimentale," Working Papers 0723, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    6. Peter Cramton & Emel Filiz-Ozbay & Erkut Ozbay & Pacharasut Sujarittanonta, 2012. "Discrete Clock Auctions: An Experimental Study," Papers of Peter Cramton 12cfosdca, University of Maryland, Department of Economics - Peter Cramton, revised 2012.
    7. Alexander Elbittar & Andrei Gomberg, 2008. "Demand Reduction and Bidder Collusion in Uniform- and Discriminatory-Price Auctions: An experimental study," Working Papers DTE 416, CIDE, División de Economía.
    8. Podwol, Joseph Uri & Schneider, Henry S., 2016. "Nonstandard bidder behavior in real-world auctions," European Economic Review, Elsevier, vol. 83(C), pages 198-212.
    9. Bó, Inácio Guerberoff Lanari & Hakimov, Rustamdjan, 2016. "The iterative deferred acceptance mechanism," Discussion Papers, Research Unit: Market Behavior SP II 2016-212, WZB Berlin Social Science Center.
    10. Noussair, Charles & Robin, Stephane & Ruffieux, Bernard, 2004. "Revealing consumers' willingness-to-pay: A comparison of the BDM mechanism and the Vickrey auction," Journal of Economic Psychology, Elsevier, vol. 25(6), pages 725-741, December.
    11. Christopher Y. Olivola & Stephanie W. Wang, 2016. "Patience auctions: the impact of time vs. money bidding on elicited discount rates," Experimental Economics, Springer;Economic Science Association, vol. 19(4), pages 864-885, December.
    12. Freeman, David & Kimbrough, Erik O. & Reiss, J. Philipp, 2017. "Opportunity cost, inattention and the bidder's curse," Working Paper Series in Economics 101, Karlsruhe Institute of Technology (KIT), Department of Economics and Management.
    13. Rodrigo A. Velez & Alexander L. Brown, 2018. "Empirical Equilibrium," Papers 1804.07986, arXiv.org, revised Jul 2020.
    14. Cannon Koo & John List & Michael Margolis & Jason Shogren, 2001. "A random nth-price auction," Artefactual Field Experiments 00517, The Field Experiments Website.
    15. Mariya Halushka, 2021. "Obviously Strategy-proof Mechanism Design With Rich Private Information," Working Papers 2104E, University of Ottawa, Department of Economics.
    16. Breitmoser, Yves, 2019. "Knowing me, imagining you: Projection and overbidding in auctions," Games and Economic Behavior, Elsevier, vol. 113(C), pages 423-447.
    17. Martin G. Kocher & Julius Pahlke & Stefan T. Trautmann, 2010. "An experimental test of precautionary bidding," Working Paper series, University of East Anglia, Centre for Behavioural and Experimental Social Science (CBESS) 10-08, School of Economics, University of East Anglia, Norwich, UK..
    18. Sujoy Chakravarty & Jaideep Roy, 2009. "Recursive expected utility and the separation of attitudes towards risk and ambiguity: an experimental study," Theory and Decision, Springer, vol. 66(3), pages 199-228, March.
    19. Lim, Wooyoung & Xiong, Siyang, 2021. "Does jump bidding increase sellers’ revenue? Theory and experiment," Journal of Economic Behavior & Organization, Elsevier, vol. 189(C), pages 84-110.
    20. Saral, Krista Jabs, 2010. "Speculation and Demand Reduction in English Clock Auctions with Resale," MPRA Paper 25139, University Library of Munich, Germany.
    21. David J. Cooper & Hanming Fang, 2006. "Understanding Overbidding in Second Price Auctions: An Experimental Study," Cowles Foundation Discussion Papers 1557, Cowles Foundation for Research in Economics, Yale University.
    22. Ji Yong Lee & Rodolfo M. Nayga, Jr & Cary Deck & Andreas Drichoutis, 2017. "Cognitive Ability and Bidding Behavior in Second Price Auctions: An Experimental Study," Working Papers 2017-3, Agricultural University of Athens, Department Of Agricultural Economics.
    23. Pagnozzi, Marco & Saral, Krista Jabs, 2013. "Multi-Object Auctions with Resale: An Experimental Analysis," MPRA Paper 43665, University Library of Munich, Germany.
    24. Aleksandar Saša Pekev{c} & Ilia Tsetlin, 2008. "Revenue Ranking of Discriminatory and Uniform Auctions with an Unknown Number of Bidders," Management Science, INFORMS, vol. 54(9), pages 1610-1623, September.
    25. Yannick Gabuthy & Nicolas Jacquemet & Nadège Marchand, 2008. "Does Resorting to Online Dispute Resolution Promote Agreements ? Experimental Evidence," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00259453, HAL.
    26. Kirchkamp, Oliver & Moldovanu, Benny, 2004. "An experimental analysis of auctions with interdependent valuations," Games and Economic Behavior, Elsevier, vol. 48(1), pages 54-85, July.
    27. Brunner, Christoph & Hu, Audrey & Oechssler, Jörg, 2013. "Premium Auctions and Risk Preferences: An Experimental Study," Working Papers 0544, University of Heidelberg, Department of Economics.
    28. Feuz, Dillon M. & Umberger, Wendy J. & Calkins, Chris R. & Sitz, Bethany M., 2004. "U.S. Consumers' Willingness to Pay for Flavor and Tenderness in Steaks as Determined with an Experimental Auction," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 29(3), pages 1-16, December.
    29. Burchardi, Konrad B. & de Quidt, Jonathan & Gulesci, Selim & Lerva, Benedetta & Tripodi, Stefano, 2021. "Testing willingness to pay elicitation mechanisms in the field: Evidence from Uganda," Journal of Development Economics, Elsevier, vol. 152(C).
    30. Alejandro Neme & R. Pablo Arribillaga & Jordi Massó, 2019. "On Obvious Strategy-Proofness and Single-Peakedness," Working Papers 1122, Barcelona School of Economics.
    31. Rentschler, Lucas & Turocy, Theodore L., 2016. "Two-bidder all-pay auctions with interdependent valuations, including the highly competitive case," Journal of Economic Theory, Elsevier, vol. 163(C), pages 435-466.
    32. Sascha Füllbrunn & Abdolkarim Sadrieh, 2006. "Sudden Termination Auctions – An Experimental Study," FEMM Working Papers 06024, Otto-von-Guericke University Magdeburg, Faculty of Economics and Management.
    33. Dragicevic Arnaud Z. & Ettinger David, 2011. "Private Valuation of a Public Good in Three Auction Mechanisms," Journal of Benefit-Cost Analysis, De Gruyter, vol. 2(2), pages 1-29, April.
    34. Kirchkamp, Oliver & Reiß, J. Philipp, 2004. "The overbidding-myth and the underbidding-bias in first-price auctions," Sonderforschungsbereich 504 Publications 04-32, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
    35. Roth, Alvin & Ockenfels, Axel & Ariely, Dan, 2005. "An Experimental Analysis of Ending Rules in Internet Auctions," Scholarly Articles 2579649, Harvard University Department of Economics.
    36. Esponda, Ignacio & Vespa, Emanuel, 2023. "Contingent Thinking and the Sure-Thing Principle: Revisiting Classic Anomalies in the Laboratory#," University of California at San Diego, Economics Working Paper Series qt32j4d5z2, Department of Economics, UC San Diego.
    37. Georganas, Sotiris, 2011. "English auctions with resale: An experimental study," Games and Economic Behavior, Elsevier, vol. 73(1), pages 147-166, September.
    38. Bernard, John C., 2006. "Finding and retaining the dominant strategy: The second-price, English and `sealed offer' English auctions," Journal of Economic Behavior & Organization, Elsevier, vol. 60(4), pages 553-561, August.
    39. Philippe Février & Laurent Linnemer & Michael Visser, 2007. "Buy or wait, that is the option: the buyer's option in sequential laboratory auctions," RAND Journal of Economics, RAND Corporation, vol. 38(1), pages 98-118, March.
    40. Rustamdjan Hakimov & Dorothea Kübler & Siqi Pan, 2023. "Costly information acquisition in centralized matching markets," Quantitative Economics, Econometric Society, vol. 14(4), pages 1447-1490, November.
    41. Kagel, John H. & Levin, Dan, 2009. "Implementing efficient multi-object auction institutions: An experimental study of the performance of boundedly rational agents," Games and Economic Behavior, Elsevier, vol. 66(1), pages 221-237, May.
    42. Neugebauer, Tibor & Selten, Reinhard, 2006. "Individual behavior of first-price auctions: The importance of information feedback in computerized experimental markets," Games and Economic Behavior, Elsevier, vol. 54(1), pages 183-204, January.
    43. Ty Feldkamp & Ted C. Schroeder, 2004. "Experimental Auction Procedure: Impact on Valuation of Quality Differentiated Goods," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 86(2), pages 389-405.
    44. Schneider, Mark & Porter, David, 2020. "Effects of experience, choice architecture, and cognitive reflection in strategyproof mechanisms," Journal of Economic Behavior & Organization, Elsevier, vol. 171(C), pages 361-377.
    45. Georgia Kosmopoulou & Dakshina G. De Silva, 2005. "The Effect of Shill Bidding upon Prices: Experimental Evidence," Experimental 0512002, University Library of Munich, Germany.
    46. Makoto Hagiwara, 2019. "Double Implementation in Dominant Strategy Equilibria and Ex Post Equilibria with Private Values," Discussion Paper Series DP2019-13, Research Institute for Economics & Business Administration, Kobe University, revised Aug 2019.
    47. Breitmoser, Yves & Schweighofer-Kodritsch, Sebastian, 2019. "Obviousness Around the Clock," Rationality and Competition Discussion Paper Series 151, CRC TRR 190 Rationality and Competition.
    48. Anthony M. Kwasnica & John O. Ledyard & Dave Porter & Christine DeMartini, 2005. "A New and Improved Design for Multiobject Iterative Auctions," Management Science, INFORMS, vol. 51(3), pages 419-434, March.
    49. Lusk, Jayson L. & Daniel, M. Scott & Mark, Darrell R. & Lusk, Christine L., 2001. "Alternative Calibration And Auction Institutions For Predicting Consumer Willingess To Pay For Nongenetically Modified Corn Chips," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 26(01), pages 1-18, July.
    50. Jamison, Julian & Karlan, Dean S., 2009. "When curiosity kills the profits: An experimental examination," Games and Economic Behavior, Elsevier, vol. 66(2), pages 830-840, July.
    51. Ham, John C. & Kagel, John H. & Lehrer, Steven F., 2005. "Randomization, endogeneity and laboratory experiments: the role of cash balances in private value auctions," Journal of Econometrics, Elsevier, vol. 125(1-2), pages 175-205.
    52. Stryszowska, M.A., 2006. "Essays on auctions," Other publications TiSEM 4e64e5bc-4b6d-4e0e-9b03-a, Tilburg University, School of Economics and Management.
    53. Woochoel Shin, 2015. "Keyword Search Advertising and Limited Budgets," Marketing Science, INFORMS, vol. 34(6), pages 882-896, November.
    54. Hannah Hörisch & Oliver Kirchkamp, 2010. "Less fighting than expected," Public Choice, Springer, vol. 144(1), pages 347-367, July.
    55. Engelbrecht-Wiggans, Richard, 2001. "The effect of entry and information costs on oral versus sealed-bid auctions," Economics Letters, Elsevier, vol. 70(2), pages 195-202, February.
    56. Alejandro Manelli & Martin Sefton & Benjamin Wilner, "undated". "Multi-Unit Auctions: A Comparison of Static and Dynamic Mechanisms," Working Papers 2132867, Department of Economics, W. P. Carey School of Business, Arizona State University.
    57. Edward Balistreri & Gary McClelland & Gregory Poe & William Schulze, 2001. "Can Hypothetical Questions Reveal True Values? A Laboratory Comparison of Dichotomous Choice and Open-Ended Contingent Values with Auction Values," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 18(3), pages 275-292, March.
    58. Jay R. Corrigan & Andreas C. Drichoutis & Jayson L. Lusk & Rodolfo M. Nayga & Matthew C. Rousu, 2012. "Repeated Rounds with Price Feedback in Experimental Auction Valuation: An Adversarial Collaboration," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 94(1), pages 97-115.
    59. Andersson, Tommy & Andersson, Christer & Andersson, Ola, 2010. "Sealed Bid Auctions vs. Ascending Bid Auctions: An Experimental Study," Working Papers 2010:17, Lund University, Department of Economics.
    60. R. Isaac & Duncan James, 2000. "Robustness of the Incentive Compatible Combinatorial Auction," Experimental Economics, Springer;Economic Science Association, vol. 3(1), pages 31-53, June.
    61. Kirchkamp, Oliver & Mill, Wladislaw, 2021. "Spite vs. risk: Explaining overbidding in the second-price all-pay auction," Games and Economic Behavior, Elsevier, vol. 130(C), pages 616-635.
    62. John List & David Reiley, 2008. "Field experiments," Artefactual Field Experiments 00091, The Field Experiments Website.
    63. Lange, Andreas & Ratan, Anmol, 2010. "Multi-dimensional reference-dependent preferences in sealed-bid auctions - How (most) laboratory experiments differ from the field," Games and Economic Behavior, Elsevier, vol. 68(2), pages 634-645, March.
    64. Kassas, Bachir & Palma, Marco & Ness, Meghan & Anderson, David, 2017. "Fine-Tuning Willingness-To-Pay Estimates in Second Price Auctions," 2017 Annual Meeting, February 4-7, 2017, Mobile, Alabama 252793, Southern Agricultural Economics Association.
    65. Takehito Masuda & Ryo Mikami & Toyotaka Sakai & Shigehiro Serizawa & Takuma Wakayama, 2022. "The net effect of advice on strategy-proof mechanisms: an experiment for the Vickrey auction," Experimental Economics, Springer;Economic Science Association, vol. 25(3), pages 902-941, June.
    66. Niklas Klarnskou & Philippos Louis & Wouter Passtoors, 2024. "Feedback and Competition in Procurement e-Auctions," University of Cyprus Working Papers in Economics 04-2024, University of Cyprus Department of Economics.
    67. Iftekhar, M.S. & Tisdell, J.G., 2014. "Wildlife corridor market design: An experimental analysis of the impact of project selection criteria and bidding flexibility," Ecological Economics, Elsevier, vol. 104(C), pages 50-60.
    68. Grebitus, Carola & Lusk, Jayson L. & Nayga, Rodolfo M., 2013. "Explaining differences in real and hypothetical experimental auctions and choice experiments with personality," Journal of Economic Psychology, Elsevier, vol. 36(C), pages 11-26.
    69. Louis Golowich & Shengwu Li, 2021. "On the Computational Properties of Obviously Strategy-Proof Mechanisms," Papers 2101.05149, arXiv.org, revised Oct 2022.
    70. Joshua L. Krieger, 2021. "Trials and Terminations: Learning from Competitors’ R&D Failures," Management Science, INFORMS, vol. 67(9), pages 5525-5548, September.
    71. Ivanova-Stenzel, Radosveta & Sonsino, Doron, 2004. "Comparative study of one-bid versus two-bid auctions," Journal of Economic Behavior & Organization, Elsevier, vol. 54(4), pages 561-583, August.
    72. Min Zhu, 2015. "Experience Transmission : Truth-telling Adoption in Matching," Working Papers 1518, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    73. Asen Ivanov & Dan Levin & James Peck, 2008. "Hindsight, Foresight, and Insight: An Experimental Study of a Small-Market Investment Game with Common and Private Values," Working Papers 0801, VCU School of Business, Department of Economics.
    74. Marie BLUM, 2021. "Auction hosts: are they really impartial?," Working Papers of LaRGE Research Center 2021-09, Laboratoire de Recherche en Gestion et Economie (LaRGE), Université de Strasbourg.
    75. Andreas Leibbrandt, 2016. "Behavioral Constraints on Pricing: Experimental Evidence on Price Discrimination and Customer Antagonism," CESifo Working Paper Series 6214, CESifo.
    76. Young Han Lee & Ulrike Malmendier, 2007. "The Bidder's Curse," NBER Working Papers 13699, National Bureau of Economic Research, Inc.
    77. Tan, Charmaine H.Y., 2020. "Overbidding and matching rules in second-price auctions: An experimental study," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 84(C).
    78. Bae, Jinsoo & Kagel, John H., 2019. "An experimental study of the generalized second price auction," International Journal of Industrial Organization, Elsevier, vol. 63(C), pages 44-68.
    79. Ahlberg, Joakim, 2012. "Multi-unit common value auctions: an experimental comparison between the static and the dynamic uniform auction," Working papers in Transport Economics 2012:24, CTS - Centre for Transport Studies Stockholm (KTH and VTI).
    80. Christer Andersson & Ola Andersson & Tommy Andersson, 2013. "Sealed bid auctions versus ascending bid auctions: an experimental study," Review of Economic Design, Springer;Society for Economic Design, vol. 17(1), pages 1-16, March.
    81. David L. Ortega & Robert S. Shupp & Rodolfo M. Nayga & Jayson L. Lusk, 2018. "Mitigating overbidding behavior in agribusiness and food marketing research: Results from induced value hybrid auction experiments," Agribusiness, John Wiley & Sons, Ltd., vol. 34(4), pages 887-893, October.
    82. Grebe, Tim & Ivanova-Stenzel, Radosveta & Kröger, Sabine, 2006. "How eBay Sellers set “Buy-it-now†prices - Bringing The Field Into the Lab," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 181, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    83. Tatsuyoshi Saijo & Tomas Sjostrom & Takehiko Yamato, 2005. "Secure Implementation," Economics Working Papers 0056, Institute for Advanced Study, School of Social Science.
    84. Rosato, Antonio & Tymula, Agnieszka, 2016. "Loss Aversion and Competition in Vickrey Auctions: Money Ain't No Good," MPRA Paper 69331, University Library of Munich, Germany.
    85. Sherstyuk, Katerina, 2008. "Some Results on Anti-Competitive Behavior in Multi-Unit Ascending Price Auctions," Handbook of Experimental Economics Results, in: Charles R. Plott & Vernon L. Smith (ed.), Handbook of Experimental Economics Results, edition 1, volume 1, chapter 23, pages 185-198, Elsevier.
    86. Laurent Lamy, 2007. "Contingent Auctions with Allocative Externalities : Vickrey Versus the Ausubel-Milgrom Proxy Auction," Working Papers 2007-26, Center for Research in Economics and Statistics.
    87. Anderson, Johan & Vadnjal, Dan & Uhlin, Hans-Erik, 2000. "Moral dimensions of the WTA-WTP disparity: an experimental examination," Ecological Economics, Elsevier, vol. 32(1), pages 153-162, January.
    88. Rodney Garratt & John Wooders, 2010. "Efficiency in Second-Price Auctions: A New Look at Old Data," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 37(1), pages 43-50, August.
    89. Maurizio Canavari & Andreas C. Drichoutis & Jayson L. Lusk & Rodolfo M. Nayga, Jr., 2018. "How to run an experimental auction: A review of recent advances," Working Papers 2018-5, Agricultural University of Athens, Department Of Agricultural Economics.
    90. Ahlberg , Joakim, 2012. "Multi-unit common value auctions: a laboratory experiment with three sealed-bid mechanisms," Working papers in Transport Economics 2012:23, CTS - Centre for Transport Studies Stockholm (KTH and VTI).
    91. Tibor Neugebauer & Paul Pezanis-Christou, 2003. "Bidding at Sequential First-Price Auctions with(out) Supply Uncertainty: A Laboratory Analysis," UFAE and IAE Working Papers 558.03, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    92. Benjamin Edelman & Michael Ostrovsky & Michael Schwarz, 2007. "Internet Advertising and the Generalized Second-Price Auction: Selling Billions of Dollars Worth of Keywords," American Economic Review, American Economic Association, vol. 97(1), pages 242-259, March.
    93. Alexander Elbittar & Andrei Gomberg, 2007. "Uniform-Price Auctions without Exogenous Uncertainty: An experimental study," Working Papers DTE 404, CIDE, División de Economía.
    94. Drichoutis, Andreas & Lusk, Jayson & Nayga, Rodolfo, 2013. "The veil of experimental currency units," MPRA Paper 46906, University Library of Munich, Germany.
    95. Ahmad, Husnain Fateh, 2015. "Endogenous price expectations as reference points in auctions," Journal of Economic Behavior & Organization, Elsevier, vol. 112(C), pages 46-63.
    96. Patrick Bajari & Ali Hortaçsu, 2004. "Economic Insights from Internet Auctions," Journal of Economic Literature, American Economic Association, vol. 42(2), pages 457-486, June.
    97. Sylvain Chassang & Lucia Del Carpio & Samuel Kapon, 2020. "Making the Most of Limited Government Capacity: Theory and Experiment," Working Papers 2020-7, Princeton University. Economics Department..
    98. Mark Schneider & David Porter, 2016. "Cognitive Reflection Predicts Decision Quality in Individual and Strategic Decisions," Working Papers 16-24, Chapman University, Economic Science Institute.
    99. Choi, Syngjoo & Guerra, José-Alberto & Kim, Jinwoo, 2019. "Interdependent value auctions with insider information: Theory and experiment," Games and Economic Behavior, Elsevier, vol. 117(C), pages 218-237.
    100. Cerroni, S. & Watson, V. & Macdiarmid, J., 2018. "Preferences for healthy and environmentally sustainable food: Combining induced-value and home-grown experiments," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277155, International Association of Agricultural Economists.
    101. Ashlagi, Itai & Gonczarowski, Yannai A., 2018. "Stable matching mechanisms are not obviously strategy-proof," Journal of Economic Theory, Elsevier, vol. 177(C), pages 405-425.
    102. Taale, Francis & Kyeremeh, Christian, 2015. "Households' willingness to pay for reliable electricity services in Ghana," MPRA Paper 65780, University Library of Munich, Germany.
    103. John A. List & Jason F. Shogren, 1999. "Price Information and Bidding Behavior in Repeated Second-Price Auctions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(4), pages 942-949.
    104. Andersson, Tommy & Svensson, Lars-Gunnar, 2018. "Sequential rules for house allocation with price restrictions," Games and Economic Behavior, Elsevier, vol. 107(C), pages 41-59.
    105. Moser, Johannes, 2017. "Hypothetical thinking and the winner's curse: An experimental investigation," University of Regensburg Working Papers in Business, Economics and Management Information Systems 36304, University of Regensburg, Department of Economics.
    106. Peter H. Kriss & Roberto Weber, 2013. "Organizational formation and change: lessons from economic laboratory experiments," Chapters, in: Anna Grandori (ed.), Handbook of Economic Organization, chapter 14, Edward Elgar Publishing.
    107. Anne Rozan & Anne Stenger & Marc Willinger, 2004. "Willingness-to-Pay for Food Safety : An Experimental Investigation of Quality Certification on Bidding Behaviour," Post-Print hal-00278981, HAL.
    108. Alexander Elbittar & Andrei Gomberg, 2008. "A laboratory study of Demand Reduction and Collusion in Uniform- and Discriminatory-Price Auctions," Working Papers 0801, Centro de Investigacion Economica, ITAM.
    109. John Conlisk, 1996. "Why Bounded Rationality?," Journal of Economic Literature, American Economic Association, vol. 34(2), pages 669-700, June.
    110. Evans, Jason R. & Brown, Cheryl & Collins, Alan R. & D'Souza, Gerard E. & Rayburn, Edward B. & Sperow, Mark, 2008. "Determining Consumer Perceptions of and Willingness to Pay or Appalachian Grass-fed Beef: An Experimental Economics Approach," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6209, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    111. Benjamin Balzer & Antonio Rosato & Jonas von Wangenheim, 2021. "Dutch vs. First-Price Auctions With Expectations-Based Loss-Averse Bidders," CRC TR 224 Discussion Paper Series crctr224_2021_314, University of Bonn and University of Mannheim, Germany.
    112. Tatsuyoshi Saijo & Timothy N. Cason & Tomas Sjostrom, 2003. "Secure Implementation Experiments:Do Strategy-proof Mechanisms Really Work?," Discussion papers 03012, Research Institute of Economy, Trade and Industry (RIETI).
    113. Katherine Silz Carson, 2013. "Incentive compatible mechanisms for providing environmental public goods," Chapters, in: John A. List & Michael K. Price (ed.), Handbook on Experimental Economics and the Environment, chapter 15, pages 434-457, Edward Elgar Publishing.
    114. Jonas Schmidt & Tammo H. A. Bijmolt, 2020. "Accurately measuring willingness to pay for consumer goods: a meta-analysis of the hypothetical bias," Journal of the Academy of Marketing Science, Springer, vol. 48(3), pages 499-518, May.
    115. Ehrhart, Karl-Martin & Ott, Marion & Abele, Susanne, 2008. "Auction Fever: Theory and Experimental Evidence," Sonderforschungsbereich 504 Publications 08-27, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
    116. Rolfe, John & Windle, Jill, 2006. "Using Field Experiments to Explore the Use of Multiple Bidding Rounds in Conservation Auctions," Discussion Papers 25801, International Association of Agricultural Economists.
    117. Mezzetti, Claudio & Tsetlin, Ilia, 2008. "Auctions in which Losers Set the Price," The Warwick Economics Research Paper Series (TWERPS) 845, University of Warwick, Department of Economics.
    118. Robert G. Hammond, 2007. "Auctioning to Buyers with Correlated Values," Working Paper Series 021, North Carolina State University, Department of Economics, revised 22 Jan 2010.
    119. Ahrash Dianat & Mikhail Freer, 2021. "Credibility in Second-Price Auctions: An Experimental Test," Papers 2105.00204, arXiv.org, revised Jan 2023.
    120. Noe, Thomas H. & Rebello, Michael & Wang, Jun, 2012. "Learning to bid: The design of auctions under uncertainty and adaptation," Games and Economic Behavior, Elsevier, vol. 74(2), pages 620-636.
    121. De Silva, Dakshina G. & Dunne, Timothy & Kankanamge, Anuruddha & Kosmopoulou, Georgia, 2008. "The impact of public information on bidding in highway procurement auctions," European Economic Review, Elsevier, vol. 52(1), pages 150-181, January.
    122. Cho, Sung-Jin & Paarsch, Harry J. & Rust, John, 2010. "Is the ’Linkage Principle’ Valid?: Evidence from the Field," CEI Working Paper Series 2010-4, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
    123. Shogren, Jason F & Hayes, Dermot J, 1997. "Resolving Differences in Willingness to Pay and Willingness to Accept: Reply," American Economic Review, American Economic Association, vol. 87(1), pages 241-244, March.
    124. Chen, Yan & Katuscak, Peter & Ozdenoren, Emre, 2007. "Sealed bid auctions with ambiguity: Theory and experiments," Journal of Economic Theory, Elsevier, vol. 136(1), pages 513-535, September.
    125. Yves Breitmoser & Sebastian Schweighofer-Kodritsch, 2022. "Obviousness around the clock," Experimental Economics, Springer;Economic Science Association, vol. 25(2), pages 483-513, April.
    126. Cary A. Deck & Bart J. Wilson, 2005. "Auction Markets for Evaluations," Southern Economic Journal, John Wiley & Sons, vol. 72(1), pages 42-62, July.
    127. GlennW. Harrison & JohnA. List, 2008. "Naturally Occurring Markets and Exogenous Laboratory Experiments: A Case Study of the Winner's Curse," Economic Journal, Royal Economic Society, vol. 118(528), pages 822-843, April.
    128. McGee, Peter & Levin, Dan, 2019. "How obvious is the dominant strategy in an English Auction? Experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 159(C), pages 355-365.
    129. Timothy N. Cason & Lata Gangadharan, 2003. "A Laboratory Comparison Of Uniform And Discriminative Price Auctions Forreducing Non-Point Source Pollution," Department of Economics - Working Papers Series 882, The University of Melbourne.
    130. Oliver Kirchkamp & J. Philipp Reiß, 2019. "Heterogeneous bids in auctions with rational and boundedly rational bidders: theory and experiment," International Journal of Game Theory, Springer;Game Theory Society, vol. 48(4), pages 1001-1031, December.
    131. Duffy, John, 2006. "Agent-Based Models and Human Subject Experiments," Handbook of Computational Economics, in: Leigh Tesfatsion & Kenneth L. Judd (ed.), Handbook of Computational Economics, edition 1, volume 2, chapter 19, pages 949-1011, Elsevier.
    132. Marina Núñez & Francisco Robles, 2024. "Overbidding and underbidding in package allocation problems," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 62(4), pages 739-759, June.
    133. Pycia, Marek & Troyan, Peter, 2022. "A Theory of Simplicity in Games and Mechanism Design," CEPR Discussion Papers 14043, C.E.P.R. Discussion Papers.
    134. Rodrigo A. Velez & Alexander L. Brown, 2019. "Empirical strategy-proofness," Papers 1907.12408, arXiv.org, revised Jul 2020.
    135. Kagel, John H. & Levin, Dan, 2005. "Multi-unit demand auctions with synergies: behavior in sealed-bid versus ascending-bid uniform-price auctions," Games and Economic Behavior, Elsevier, vol. 53(2), pages 170-207, November.
    136. Banerji, A. & Chowdhury, Shyamal K. & Ewoo, Manfred & Haleegoah, Joyce & Meenakshi, Jonnalagadda V. & de Groote, Hugo, 2013. "Using elicitation mechanisms to estimate the demand for nutritious maize: Evidence from experiments in rural Ghana," HarvestPlus working papers 10, International Food Policy Research Institute (IFPRI).
    137. A. Banerji & Jeevant Rampal, 2020. "Reverse Endowment Effect for a New Product," American Journal of Agricultural Economics, John Wiley & Sons, vol. 102(3), pages 786-805, May.
    138. Che, Yeon-Koo & Choi, Syngjoo & Kim, Jinwoo, 2017. "An experimental study of sponsored-search auctions," Games and Economic Behavior, Elsevier, vol. 102(C), pages 20-43.
    139. Emiel Maasland & Sander Onderstal, 2006. "Going, Going, Gone! A Swift Tour of Auction Theory and Its Applications," De Economist, Springer, vol. 154(3), pages 481-481, September.
    140. Saijo, Tatsuyoshi & Sjöström, Tomas & Yamato, Takehiko, 2003. "Secure Implementation: Strategy-Proof Mechanisms Reconsidered," Working Papers 1174, California Institute of Technology, Division of the Humanities and Social Sciences.
    141. Tsakas, Elias, 2019. "Obvious belief elicitation," Games and Economic Behavior, Elsevier, vol. 118(C), pages 374-381.
    142. Giebe, Thomas & Ivanova-Stenzel, Radosveta & Kocher, Martin G. & Schudy, Simeon, 2022. "Cross-game Learning and Cognitive Ability in Auctions," Rationality and Competition Discussion Paper Series 358, CRC TRR 190 Rationality and Competition.
    143. Jacob K. Goeree & Theo Offerman, 2000. "Efficiency in Auctions with Private and Common Values: An Experimental Study," Tinbergen Institute Discussion Papers 00-045/1, Tinbergen Institute.
    144. Gali Noti & Noam Nisan & Ilan Yaniv, 2014. "An experimental evaluation of bidders' behavior in ad auctions," Discussion Paper Series dp676, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
    145. Neugebauer, Tibor & Pezanis-Christou, Paul, 2007. "Bidding behavior at sequential first-price auctions with(out) supply uncertainty: A laboratory analysis," Journal of Economic Behavior & Organization, Elsevier, vol. 63(1), pages 55-72, May.
    146. Jason F. Shogren & Jason F. Shogren, 2013. "Bidding Behavior given Point and Interval Values in a Second-price Auction," Economics Discussion Paper Series 1310, Economics, The University of Manchester.
    147. David Lucking-Reiley & John A. List, 2000. "Demand Reduction in Multiunit Auctions: Evidence from a Sportscard Field Experiment," American Economic Review, American Economic Association, vol. 90(4), pages 961-972, September.
    148. Andreoni,J. & Che,Y.-K. & Kim,J., 2006. "Asymmetric information about rivals' types in standard auctions : an experiment," Working papers 6, Wisconsin Madison - Social Systems.
    149. Menkhaus, Dale J. & Borden, George W. & Whipple, Glen D. & Hoffman, Elizabeth & Field, Ray A., 1992. "An Empirical Application Of Laboratory Experimental Auctions In Marketing Research," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 17(01), pages 1-12, July.
    150. Sylvain Chassang & Lucia Del Carpio & Samuel Kapon, 2022. "Using Divide and Conquer to Improve Tax Collection: Theory and Laboratory Evidence," Working Papers 299, Princeton University, Department of Economics, Center for Economic Policy Studies..
    151. Laurent Lamy, 2007. "Contingent Auctions with Allocative Externalities: Vickrey vs. the Ausubel-Milgrom Proxy Auction," 2007 Meeting Papers 427, Society for Economic Dynamics.
    152. Samuel Kapon & Lucia Del Carpio & Sylvain Chassang, 2024. "Using Divide-and-Conquer to Improve Tax Collection," Working Papers 335, Princeton University, Department of Economics, Center for Economic Policy Studies..
    153. Tsakas, Elias, 2019. "Obvious belief elicitation," Research Memorandum 001, Maastricht University, Graduate School of Business and Economics (GSBE).
    154. John C. Ham & John H. Kagel & Steven F. Lehrer, 2000. "Randomization, Endogeneity and Laboratory Experiments," Econometric Society World Congress 2000 Contributed Papers 1524, Econometric Society.
    155. Alexander Elbittar, 2003. "Impact of Valuation Ranking Information on Bidding in First-Price Auctions: A Laboratory Study," Working Papers 0304, Centro de Investigacion Economica, ITAM.
    156. Min Zhu, 2015. "Experience Transmission: Truth-telling Adoption in Matching," Working Papers halshs-01176926, HAL.
    157. Grebe, Tim & Ivanova-Stenzel, Radosveta & Kröger, Sabine, 2021. "How do sellers benefit from Buy-It-Now prices in eBay auctions?," Journal of Economic Behavior & Organization, Elsevier, vol. 183(C), pages 189-205.
    158. Li Hao & Daniel Houser, 2012. "Belief elicitation in the presence of naïve respondents: An experimental study," Journal of Risk and Uncertainty, Springer, vol. 44(2), pages 161-180, April.
    159. Rodney Garratt & Mark Walker & John Wooders, 2012. "Behavior in second-price auctions by highly experienced eBay buyers and sellers," Experimental Economics, Springer;Economic Science Association, vol. 15(1), pages 44-57, March.
    160. Ignacio Palacios-Huerta & David C. Parkes & Richard Steinberg, 2024. "Combinatorial Auctions in Practice," Journal of Economic Literature, American Economic Association, vol. 62(2), pages 517-553, June.
    161. Niall Flynn & Christopher Kah & Rudolf Kerschbamer, 2015. "Vickrey Auction vs BDM: Difference in bidding behaviour and the impact of other-regarding motives," Working Papers 2015-16, Faculty of Economics and Statistics, Universität Innsbruck.
    162. Andrej Woerner & Sander Onderstal & Arthur Schram, 2022. "Comparing Crowdfunding Mechanisms: Introducing the Generalized Moulin-Shenker Mechanism," CESifo Working Paper Series 10081, CESifo.
    163. Garratt, Rod & Walker, Mark & Wooders, John, 2004. "Behavior in Second-Price Auctions by Highly Experienced eBay Buyers and Sellers," University of California at Santa Barbara, Economics Working Paper Series qt7s72r56p, Department of Economics, UC Santa Barbara.
    164. Chen, Kay-Yut & Plott, Charles R., "undated". "Nonlinear Behavior in Sealed Bid First Price Auctions," Working Papers 774, California Institute of Technology, Division of the Humanities and Social Sciences.
    165. Naoko Nishimura & Timothy N. Cason & Tatsuyoshi Saijo & Yoshikazu Ikeda, 2011. "Spite and Reciprocity in Auctions," Games, MDPI, vol. 2(3), pages 1-47, September.
    166. Peter Cramton, 1998. "Ascending Auctions," Papers of Peter Cramton 98eer, University of Maryland, Department of Economics - Peter Cramton, revised 28 Jul 1998.
    167. Grebitus, Carola & Lusk, Jayson L. & Nayga, Rodolfo M., 2013. "Effect of distance of transportation on willingness to pay for food," Ecological Economics, Elsevier, vol. 88(C), pages 67-75.
    168. Crawford, VP, 2014. "Boundedly rational versus optimization-based models of strategic thinking and learning in games," University of California at San Diego, Economics Working Paper Series qt04h694rz, Department of Economics, UC San Diego.
    169. Dan Levin & James Peck & Asen Ivanov, 2016. "Separating Bayesian Updating from Non-Probabilistic Reasoning: An Experimental Investigation," American Economic Journal: Microeconomics, American Economic Association, vol. 8(2), pages 39-60, May.
    170. Weili Ding, 2020. "Laboratory experiments can pre-design to address power and selection issues," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 6(2), pages 125-138, December.
    171. Carolyn Predmore & Kudret Topyan & Lauren Trabold Apadula, 2021. "Impact of Process Misconception in Becker-DeGroot-Marschak Single Response Value Elicitation Procedures: An Experimental Investigation in Consumer Behavior Using the IKEA Effect," Economies, MDPI, vol. 9(4), pages 1-13, November.
    172. Sander Onderstal & Florian Englmaier & Pablo Guillen & Loreto Llorente & Rupert Sausgruber, 2004. "The Chopstick Auction: A Study of the Exposure Problem in Multi-Unit Auctions," Working Papers 2004.10, Fondazione Eni Enrico Mattei.
    173. Shengwu Li, 2017. "Obviously Strategy-Proof Mechanisms," American Economic Review, American Economic Association, vol. 107(11), pages 3257-3287, November.
    174. Patrick Bajari & Ali Hortacsu, 2003. "Economic Insights from Internet Auctions: A Survey," NBER Working Papers 10076, National Bureau of Economic Research, Inc.
    175. Nobel Prize Committee, 2020. "Improvements to auction theory and inventions of new auction formats," Nobel Prize in Economics documents 2020-2, Nobel Prize Committee.
    176. Min Ding & Jehoshua Eliashberg & Joel Huber & Ritesh Saini, 2005. "Emotional Bidders---An Analytical and Experimental Examination of Consumers' Behavior in a Priceline-Like Reverse Auction," Management Science, INFORMS, vol. 51(3), pages 352-364, March.
    177. Marina Núñez & Francisco Robles, 2023. "Overbidding and underbidding in package allocation problems," UB School of Economics Working Papers 2023/440, University of Barcelona School of Economics.
    178. Koo, Cannon M., 1995. "Homegrown values in repeated auctions: the Vickrey auction versus the random N-th price auction," ISU General Staff Papers 1995010108000017612, Iowa State University, Department of Economics.
    179. Lawrence M. Ausubel & Peter Cramton, 2008. "A Troubled Asset Reverse Auction," Papers of Peter Cramton 08tara, University of Maryland, Department of Economics - Peter Cramton, revised 2008.
    180. Kirchkamp, Oliver & Poen, Eva & Reiß, J. Philipp, 2004. "Bidding with Outside Options," Sonderforschungsbereich 504 Publications 04-21, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
    181. Asen Ivanov & Dan Levin & Muriel Niederle, "undated". "Can Relaxation of Beliefs Rationalize the Winner’s Curse?: An Experimental Study," Working Papers 0803, VCU School of Business, Department of Economics.
    182. Alex Rees-Jones & Dmitry Taubinsky, 2017. "Taxing Humans: Pitfalls of the Mechanism Design Approach and Potential Resolutions," NBER Chapters, in: Tax Policy and the Economy, Volume 32, pages 107-133, National Bureau of Economic Research, Inc.
    183. Yan Chen & Peter Katuscak & Emre Ozdenoren, 2005. "Sealed Bid Auctions with Ambiguity: An Experimental Study," CERGE-EI Working Papers wp269, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    184. Breitmoser, Yves, 2017. "Knowing Me, Imagining You:," Rationality and Competition Discussion Paper Series 36, CRC TRR 190 Rationality and Competition.
    185. Martin, Daniel & Muñoz-Rodriguez, Edwin, 2022. "Cognitive costs and misperceived incentives: Evidence from the BDM mechanism," European Economic Review, Elsevier, vol. 148(C).
    186. Vlad Mares & Mikhael Shor, 2003. "Joint Bidding in Common Value Auctions: Theory and Evidence," Game Theory and Information 0305001, University Library of Munich, Germany.
    187. Avinatan Hassidim & Assaf Romm & Ran I. Shorrer, 2021. "The Limits of Incentives in Economic Matching Procedures," Management Science, INFORMS, vol. 67(2), pages 951-963, February.
    188. Kocher, Martin & Pahlke, Julius & Trautmann, Stefan, 2013. "An Experimental Study of Precautionary Bidding," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79690, Verein für Socialpolitik / German Economic Association.
    189. Cary A. Deck & Bart J. Wilson, 2008. "Fixed Revenue Auctions: Theory And Behavior," Economic Inquiry, Western Economic Association International, vol. 46(3), pages 342-354, July.
    190. Pouget, Sebastien, 2007. "Financial market design and bounded rationality: An experiment," Journal of Financial Markets, Elsevier, vol. 10(3), pages 287-317, August.
    191. Holst, Gesa Sophie & Musshoff, Oliver & Vollmer, Elisabeth, 2018. "How does the Risk Attitude affect the Bidding Behavior of Farmers? Results of an Experimental Auction," German Journal of Agricultural Economics, Humboldt-Universitaet zu Berlin, Department for Agricultural Economics, vol. 67(01), March.
    192. V. P. Crawford, 2014. "Boundedly rational versus optimization-based models of strategic thinking and learning in games," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 5.
    193. Pezanis-Christou, P. & Sadrieh, A., 2003. "Elicited Bid Functions in a (a)Symmetric First-Price Auctions," Other publications TiSEM c037828e-dcce-4af4-9125-4, Tilburg University, School of Economics and Management.
    194. Lorentziadis, Panos L., 2016. "Optimal bidding in auctions from a game theory perspective," European Journal of Operational Research, Elsevier, vol. 248(2), pages 347-371.
    195. Kamel Jedidi & Sharan Jagpal & Puneet Manchanda, 2003. "Measuring Heterogeneous Reservation Prices for Product Bundles," Marketing Science, INFORMS, vol. 22(1), pages 107-130, July.
    196. Moser, Johannes, 2018. "Hypothetical thinking and the winner's curse: An experimental investigation," VfS Annual Conference 2018 (Freiburg, Breisgau): Digital Economy 181506, Verein für Socialpolitik / German Economic Association.
    197. Waterson, Michael & Wojciechowska , Olga, 2024. "Individual bidder behaviour in repeated auctions," The Warwick Economics Research Paper Series (TWERPS) 1498, University of Warwick, Department of Economics.
    198. Hong, Chew Soo & Nishimura, Naoko, 2003. "Revenue non-equivalence between the English and the second-price auctions: experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 51(4), pages 443-458, August.
    199. Pagnozzi, Marco & Saral, Krista J., 2019. "Auctions with limited liability through default or resale," Journal of Economic Behavior & Organization, Elsevier, vol. 159(C), pages 51-74.
    200. Tadelis, Steve & Zettelmeyer, Florian, 2009. "The Effect of Information on Auction Outcomes: A Large Scale Field Experiment," Department of Economics, Working Paper Series qt7t4834h2, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    201. John Kagel & Svetlana Pevnitskaya & Lixin Ye, 2007. "Survival auctions," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 33(1), pages 103-119, October.
    202. Brünner, Tobias & Becker, Alice, 2013. "Bidding in common value fair division games," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79810, Verein für Socialpolitik / German Economic Association.
    203. Benjamin Balzer & Antonio Rosato & Jonas von Wangenheim, 2020. "Dutch versus First-Price Auctions with Dynamic Expectations-Based Reference-Dependent Preferences," Working Paper Series 2020/05, Economics Discipline Group, UTS Business School, University of Technology, Sydney.
    204. Rolando Guzman & Charles Kolstad, 2007. "Researching Preferences, Valuation and Hypothetical Bias," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 37(3), pages 465-487, July.
    205. Yu Yvette Zhang & Rodolfo M Nayga Jr. & Dinah Pura T Depositario, 2019. "Learning and the possibility of losing own money reduce overbidding: Delayed payment in experimental auctions," PLOS ONE, Public Library of Science, vol. 14(5), pages 1-19, May.
    206. Roee Teper, 2014. "The Endowment Effect as a Blessing," Working Paper 5862, Department of Economics, University of Pittsburgh.
    207. Frenkel, Sivan & Heller, Yuval & Teper, Roee, 2012. "Endowment as a blessing," MPRA Paper 39430, University Library of Munich, Germany, revised 30 Apr 2012.
    208. Federico Echenique & Masaki Miyashita & Yuta Nakamura & Luciano Pomatto & Jamie Vinson, 2020. "Twofold Multiprior Preferences and Failures of Contingent Reasoning," Papers 2012.14557, arXiv.org, revised Jan 2022.
    209. Wladislaw Mill & John Morgan, 2020. "Competition Between Friends and Foes," CRC TR 224 Discussion Paper Series crctr224_2020_242, University of Bonn and University of Mannheim, Germany.
    210. Mikhail Anufriev & Jasmina Arifovic & John Ledyard & Valentyn Panchenko, 2013. "Efficiency of continuous double auctions under individual evolutionary learning with full or limited information," Journal of Evolutionary Economics, Springer, vol. 23(3), pages 539-573, July.
    211. Karthik Kannan & Vandith Pamuru & Yaroslav Rosokha, 2023. "Analyzing Frictions in Generalized Second-Price Auction Markets," Information Systems Research, INFORMS, vol. 34(4), pages 1437-1454, December.
    212. Said, Maher, 2008. "Auctions with Dynamic Populations: Efficiency and Revenue Maximization," MPRA Paper 11456, University Library of Munich, Germany.
    213. Kassas, Bachir & Palma, Marco A. & Anderson, David P., 2018. "Fine-tuning willingness-to-pay estimates in second price auctions for market goods," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 77(C), pages 50-61.
    214. Levin, Dan & Ye, Lixin, 2008. "Hybrid auctions revisited," Economics Letters, Elsevier, vol. 99(3), pages 591-594, June.
    215. Guth, Werner & Ivanova-Stenzel, Radosveta, 2003. "Asymmetric auction experiments with(out) commonly known beliefs," Economics Letters, Elsevier, vol. 80(2), pages 195-199, August.
    216. Boeheim, Rene & Zulehner, Christine, 1996. "Auctions - A Survey," Economics Series 39, Institute for Advanced Studies.
    217. Rosato, Antonio & Tymula, Agnieszka, 2022. "A novel experimental test of truthful bidding in second-price auctions with real objects," MPRA Paper 115427, University Library of Munich, Germany.
    218. Wenqian Wang & Zhiwen Zheng, 2025. "On the Dominance of Truth-Telling in Gradual Mechanisms," Papers 2501.08802, arXiv.org, revised Mar 2025.
    219. John Rolfe & Jill Windle & Juliana McCosker, 2009. "Testing and Implementing the Use of Multiple Bidding Rounds in Conservation Auctions: A Case Study Application," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 57(3), pages 287-303, September.
    220. Andreas C. Drichoutis & Jayson L. Lusk & Rodolfo M. Nayga, 2015. "The veil of experimental currency units in second price auctions," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 1(2), pages 182-196, December.
    221. A. Alexander Elbittar, 2005. "Impact of Valuation Ranking Information on Bidding in First-Price," Microeconomics 0508008, University Library of Munich, Germany.
    222. Crocker, Thomas D. & Shogren, Jason F. & Turner, Paul R., 1998. "Incomplete beliefs and nonmarket valuation," Resource and Energy Economics, Elsevier, vol. 20(2), pages 139-162, June.
    223. Guillaume Fréchette, 2012. "Session-effects in the laboratory," Experimental Economics, Springer;Economic Science Association, vol. 15(3), pages 485-498, September.
    224. Eiichiro Kazumori, 2010. "Core-Selecting Auctions: An Experimental Study," CARF F-Series CARF-F-226, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    225. Johannes Moser, 2019. "Hypothetical thinking and the winner’s curse: an experimental investigation," Theory and Decision, Springer, vol. 87(1), pages 17-56, July.
    226. Garratt, Rod & Wooders, John, 2004. "Efficiency in Second-Price Auctions: A New Look at Old Data," University of California at Santa Barbara, Economics Working Paper Series qt5d86p46d, Department of Economics, UC Santa Barbara.
    227. Jean-Jacques Laffont, 1998. "Théorie des jeux et économie empirique : le cas des données issues d'enchères," Économie et Prévision, Programme National Persée, vol. 132(1), pages 121-137.
    228. Oliver Kirchkamp & Wladislaw Mill, 2019. "Spite vs. risk: explaining overbidding," CESifo Working Paper Series 7631, CESifo.
    229. Yutaka Kayaba & Jun Maekawa & Hitoshi Matsushima, 2023. "The Effect of Framing in Sealed-Bid Auctions: Theory and Experiments," CARF F-Series CARF-F-567, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    230. Lawrence M. Ausubel & Peter Cramton & Paul Milgrom, 2012. "System and Method for a Hybrid Clock and Proxy Auction," Papers of Peter Cramton 12acmhc, University of Maryland, Department of Economics - Peter Cramton, revised 2012.
    231. Leibbrandt, Andreas, 2020. "Behavioral constraints on price discrimination: Experimental evidence on pricing and customer antagonism," European Economic Review, Elsevier, vol. 121(C).
    232. Aseff, Jorge G., 2004. "Learning to play second-price auctions, an experimental study," Economics Letters, Elsevier, vol. 85(2), pages 279-286, November.
    233. Franziska Voelckner, 2006. "An empirical comparison of methods for measuring consumers’ willingness to pay," Marketing Letters, Springer, vol. 17(2), pages 137-149, April.
    234. Peter Cramton, 1995. "Money Out of Thin Air: The Nationwide Narrowband PCS Auction," Papers of Peter Cramton 95jems, University of Maryland, Department of Economics - Peter Cramton, revised 09 Jun 1998.
    235. Quazi Shahriar, 2011. "Identity In A Second‐Price Sealed Bid Auction: An Experimental Investigation," Manchester School, University of Manchester, vol. 79(1), pages 159-170, January.
    236. Zhang, Yu Yvette & Nayga, Rodolfo M. Jr. & Depositario, Dinah Pura T, 2015. "Women and Men are Different but Equal: Observations of Learning Behavior in Auctions," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205699, Agricultural and Applied Economics Association.
    237. Söllner, Matthias, 2008. "Menschliches Verhalten in elektronischen Märkten," Bayreuth Reports on Information Systems Management 34, University of Bayreuth, Chair of Information Systems Management.
    238. Brünner, Tobias & Levinsky, Rene, 2020. "Price discovery and gains from trade in asset markets with insider trading," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224618, Verein für Socialpolitik / German Economic Association.
    239. Tibor Neugebauer & Javier Perote, 2008. "Bidding ‘as if’ risk neutral in experimental first price auctions without information feedback," Experimental Economics, Springer;Economic Science Association, vol. 11(2), pages 190-202, June.
    240. Ehrhart, Karl-Martin & Ott, Marion & Abele, Susanne, 2015. "Auction fever: Rising revenue in second-price auction formats," Games and Economic Behavior, Elsevier, vol. 92(C), pages 206-227.
    241. Lee, Ji Yong & Nayga, Rodolfo M. & Deck, Cary & Drichoutis, Andreas, 2017. "Cognitive Ability and Bidding Behavior in Experimental Auction," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258347, Agricultural and Applied Economics Association.
    242. Yen Kuo & Joseph Tao-yi Wang, 2014. "Special Section: Experiments on Learning, Methods, and Voting," Pacific Economic Review, Wiley Blackwell, vol. 19(3), pages 387-400, August.
    243. Krajbich, Ian & Camerer, Colin & Rangel, Antonio, 2017. "Exploring the scope of neurometrically informed mechanism design," Games and Economic Behavior, Elsevier, vol. 101(C), pages 49-62.
    244. Malmendier, Ulrike & Szeidl, Adam, 2020. "Fishing for fools," Games and Economic Behavior, Elsevier, vol. 122(C), pages 105-129.
    245. Kirchkamp, Oliver & Poen, Eva & Rei, J. Philipp, 2009. "Outside options: Another reason to choose the first-price auction," European Economic Review, Elsevier, vol. 53(2), pages 153-169, February.
    246. Andreas Roider & Patrick W. Schmitz, 2012. "Auctions with Anticipated Emotions: Overbidding, Underbidding, and Optimal Reserve Prices," Scandinavian Journal of Economics, Wiley Blackwell, vol. 114(3), pages 808-830, September.
    247. Noussair, Charles & Silver, Jonathon, 2006. "Behavior in all-pay auctions with incomplete information," Games and Economic Behavior, Elsevier, vol. 55(1), pages 189-206, April.
    248. Ignacio Esponda & Emanuel Vespa, 2024. "Contingent Thinking and the Sure-Thing Principle: Revisiting Classic Anomalies in the Laboratory," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 91(5), pages 2806-2831.
    249. Makoto Hagiwara & Fumihiro Yonekura, 2024. "King Solomon’s dilemma: an experiment on implementation in iterative elimination of (obviously) dominated strategies," Review of Economic Design, Springer;Society for Economic Design, vol. 28(1), pages 1-19, February.
    250. Andrzej Baranski & David J. Cooper & Guillaume Fréchette, 2024. "Introduction to the special issue in honor of John H. Kagel," Experimental Economics, Springer;Economic Science Association, vol. 27(1), pages 1-8, March.
    251. Ahrash Dianat & Mikhail Freer, 2024. "Credibility in second-price auctions: an experimental test," Experimental Economics, Springer;Economic Science Association, vol. 27(1), pages 58-79, March.
    252. Hurley, Sean P. & Kliebenstein, James B., 1999. "The Potential For Marketing Pork Products With Embedded Environmental Attributes: Results From An Experimental Study," 1999 Annual meeting, August 8-11, Nashville, TN 21598, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    253. Sayman, Serdar & Akçay, Yalçın, 2020. "A Transaction Utility Approach for Bidding in Second-Price Auctions," Journal of Interactive Marketing, Elsevier, vol. 49(C), pages 86-93.
    254. Wedad J. Elmaghraby & Elena Katok & Natalia Santamaría, 2012. "A Laboratory Investigation of Rank Feedback in Procurement Auctions," Manufacturing & Service Operations Management, INFORMS, vol. 14(1), pages 128-144, January.
    255. Núñez, Matías & Pimienta, Carlos & Xefteris, Dimitrios, 2022. "On the implementation of the median," Journal of Mathematical Economics, Elsevier, vol. 99(C).
    256. Johannes Moser, 2017. "Hypothetical thinking and the winner's curse: An experimental investigation," Working Papers 176, Bavarian Graduate Program in Economics (BGPE).
    257. A. Banerji & Shyamal Chowdhury & Hugo De Groote & J. V. Meenakshi & Joyce Haleegoah & Manfred Ewool, 2018. "Eliciting Willingness†to†Pay through Multiple Experimental Procedures: Evidence from Lab†in†the†Field in Rural Ghana," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 66(2), pages 231-254, June.
    258. François Maréchal & Pierre-Henri Morand, 2012. "The public release of information in first-price sealed-bid auctions," Post-Print hal-01313411, HAL.
    259. Alex Rees-Jones & Samuel Skowronek, 2018. "An Experimental Investigation of Preference Misrepresentation in the Residency Match," Papers 1802.01990, arXiv.org, revised Aug 2018.
    260. Fox, John Andrew, 1994. "Essays in the measurement of consumer preferences in experimental auction markets," ISU General Staff Papers 1994010108000012254, Iowa State University, Department of Economics.
    261. Ching-Hua Chen-Ritzo & Terry P. Harrison & Anthony M. Kwasnica & Douglas J. Thomas, 2005. "Better, Faster, Cheaper: An Experimental Analysis of a Multiattribute Reverse Auction Mechanism with Restricted Information Feedback," Management Science, INFORMS, vol. 51(12), pages 1753-1762, December.
    262. Marco Pagnozzi & Krista J. Saral, 2015. "Demand Reduction in Multi-Object Auctions with Resale: An Experimental Analysis," CSEF Working Papers 416, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    263. Unknown, 2005. "Internet Advertising and the Generalized Second Price Auction: Selling Billions of Dollars Worth of Keywords," Department of Economics, Working Paper Series qt8w16v26k, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    264. Ignacio Esponda Jr. & Emanuel Vespa Jr., 2014. "Hypothetical Thinking and Information Extraction in the Laboratory," American Economic Journal: Microeconomics, American Economic Association, vol. 6(4), pages 180-202, November.
    265. Dan Levin & Luyao Zhang, 2022. "Bridging Level-K to Nash Equilibrium," Papers 2202.12292, arXiv.org, revised Feb 2022.
    266. Ben Casner, 2021. "Learning while shopping: an experimental investigation into the effect of learning on consumer search," Experimental Economics, Springer;Economic Science Association, vol. 24(1), pages 238-273, March.
    267. Menkhaus, Dale J., 2001. "Experimental Auctions: New Theoretical Developments And Empirical Findings - Discussion," 2001 Annual Meeting, July 8-11, 2001, Logan, Utah 36112, Western Agricultural Economics Association.
    268. Noussair, C.N. & Silver, J., 2006. "Behavior in all-pay auctions under incomplete information," Other publications TiSEM 9833c8a8-7aa4-4529-a617-8, Tilburg University, School of Economics and Management.
    269. Marine Le Gall-Ely, 2009. "Définition, mesure et déterminants du consentement à payer du consommateur : synthèse critique et voies de recherche," Post-Print hal-00522826, HAL.
    270. von Wangenheim, Jonas, 2021. "English versus Vickrey auctions with loss-averse bidders," Journal of Economic Theory, Elsevier, vol. 197(C).
    271. Amar Cheema & Peter Leszczyc & Rajesh Bagchi & Richard Bagozzi & James Cox & Utpal Dholakia & Eric Greenleaf & Amit Pazgal & Michael Rothkopf & Michael Shen & Shyam Sunder & Robert Zeithammer, 2005. "Economics, Psychology, and Social Dynamics of Consumer Bidding in Auctions," Marketing Letters, Springer, vol. 16(3), pages 401-413, December.
    272. Sotiris Georganas & Dan Levin & Peter McGee, 2017. "Optimistic irrationality and overbidding in private value auctions," Experimental Economics, Springer;Economic Science Association, vol. 20(4), pages 772-792, December.
    273. Makoto Hagiwara & Fumihiro Yonekura, 2020. "Implementation in Iterative Elimination of Obviously Dominated Strategies: An Experiment on King Solomon's Dilemma," Discussion Paper Series DP2020-17, Research Institute for Economics & Business Administration, Kobe University.
    274. Ronald Harstad, 2000. "Dominant Strategy Adoption and Bidders' Experience with Pricing Rules," Experimental Economics, Springer;Economic Science Association, vol. 3(3), pages 261-280, December.
    275. Ravi Bapna & Chrysanthos Dellarocas & Sarah Rice, 2010. "Vertically Differentiated Simultaneous Vickrey Auctions: Theory and Experimental Evidence," Management Science, INFORMS, vol. 56(7), pages 1074-1092, July.
    276. Mackenzie, Andrew & Trudeau, Christian, 2018. "Club good mechanisms: from free-riders to citizen-shareholders, from impossibility to characterization," Research Memorandum 012, Maastricht University, Graduate School of Business and Economics (GSBE).
    277. Alexander L. Brown & Daniel G. Stephenson & Rodrigo A. Velez, 2024. "Testing the simplicity of strategy-proof mechanisms," Papers 2404.11883, arXiv.org.
    278. Olivier Armantier & Charles A. Holt, 2024. "Endogenous reference price auctions for a diverse set of commodities: an experimental analysis," Experimental Economics, Springer;Economic Science Association, vol. 27(1), pages 9-35, March.
    279. Panos L. Lorentziadis, 2020. "Value-Rationalizability in Auction Bidding," SN Operations Research Forum, Springer, vol. 1(2), pages 1-13, June.
    280. Morawetz, Ulrich B. & De Groote, Hugo & Kimenju, Simon Chege, 2011. "Improving the Use of Experimental Auctions in Africa: Theory and Evidence," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 36(2), pages 1-17, August.
    281. Grigorieva, E. & Strobel, M., 2006. "Bidding behavior in the bisection auction : an experimental investigation," Research Memorandum 026, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    282. Joyce Delnoij & Kris Jaegher, 2020. "Competing first-price and second-price auctions," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 69(1), pages 183-216, February.
    283. David Lucking-Reiley, 1999. "Using field experiments to test equivalence between auction formats: Magic on the internet," Framed Field Experiments 00183, The Field Experiments Website.
    284. Dirk Engelmann & Jeff Frank & Alexander K. Koch & Marieta Valente, 2023. "Second‐chance offers and buyer reputation systems: theory and evidence on auctions with default," RAND Journal of Economics, RAND Corporation, vol. 54(3), pages 484-511, September.
    285. Lawrence M. Ausubel & Peter Cramton & Wynne P. Jones, 2012. "System and Method for an Auction of Multiple Types of Items," Papers of Peter Cramton 11acjam, University of Maryland, Department of Economics - Peter Cramton, revised 2012.
    286. Tibor Neugebauer, 2007. "Bid and price effects of increased competition in the first-price auction: experimental evidence," LSF Research Working Paper Series 07-17, Luxembourg School of Finance, University of Luxembourg.
    287. Alan Mehlenbacher, 2007. "Multiagent System Simulations of Signal Averaging in English Auctions with Two-Dimensional Value Signals," Department Discussion Papers 0708, Department of Economics, University of Victoria.
    288. Charles A. Holt & William Shobe & Dallas Burtraw & Karen Palmer & Jacob K. Goeree, 2007. "Auction Design for Selling CO2 Emission Allowances Under the Regional Greenhouse Gas Initiative," Reports 2007-03, Center for Economic and Policy Studies.
    289. Kirchkamp, O. & Reiss, J.P. & Sadrieh, A., 2008. "A pure variation of risk in private-value auctions," Research Memorandum 050, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    290. Shani Cohen & Shengwu Li, 2022. "Sequential Cursed Equilibrium," Papers 2212.06025, arXiv.org, revised Jul 2025.

  26. Levin, Dan & Harstad, Ronald M., 1986. "Symmetric bidding in second-price, common-value auctions," Economics Letters, Elsevier, vol. 20(4), pages 315-319.

    Cited by:

    1. Ronald M. Harstad & Michael H. Rothkopf, 2000. "An "Alternating Recognition" Model of English Auctions," Management Science, INFORMS, vol. 46(1), pages 1-12, January.
    2. Angel Hernando-Veciana, 2000. "Successful Uninformed Bidding," Econometric Society World Congress 2000 Contributed Papers 0791, Econometric Society.
    3. Vlad Mares & Ronald Harstad, 2007. "Ex-post full surplus extraction, straightforwardly," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 32(2), pages 399-410, August.
    4. Gonçalves, Ricardo, 2008. "Irrationality in English auctions," Journal of Economic Behavior & Organization, Elsevier, vol. 67(1), pages 180-192, July.
    5. Jorg Borrmann & Michaela Schaffhauser-Linzatti, 2008. "Franchise bidding with differences in demand," Applied Economics Letters, Taylor & Francis Journals, vol. 15(11), pages 849-852.
    6. Charness, Gary & Levin, Dan & Schmeidler, David, 2019. "An experimental study of estimation and bidding in common-value auctions with public information," Journal of Economic Theory, Elsevier, vol. 179(C), pages 73-98.
    7. Murto, Pauli & Välimäki, Juuso, 2015. "Large common value auctions with risk averse bidders," Games and Economic Behavior, Elsevier, vol. 91(C), pages 60-74.
    8. Christopher Avery & John H. Kagel, 1997. "Second‐Price Auctions with Asymmetric Payoffs: An Experimental Investigation," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 6(3), pages 573-603, September.
    9. Ronald M. Harstad, 2005. "Rational Participation Revolutionizes Auction Theory," Working Papers 0518, Department of Economics, University of Missouri.
    10. Ronald M Harstad, 2011. "Endogenous Competition Alters the Structure of Optimal Auctions," ISER Discussion Paper 0816, Institute of Social and Economic Research, The University of Osaka.
    11. Mares, Vlad & Harstad, Ronald M., 2003. "Private information revelation in common-value auctions," Journal of Economic Theory, Elsevier, vol. 109(2), pages 264-282, April.
    12. Ronald M. Harstad, 2010. "Auctioning the Right to Choose When Competition Persists," Decision Analysis, INFORMS, vol. 7(1), pages 78-85, March.
    13. Michel A. Habib & Alexandre Ziegler, 2003. "Why Government Bonds Are Sold by Auction and Corporate Bonds by Posted-Price Selling," FAME Research Paper Series rp78, International Center for Financial Asset Management and Engineering.
    14. Shahriar, Quazi & Wooders, John, 2011. "An experimental study of auctions with a buy price under private and common values," Games and Economic Behavior, Elsevier, vol. 72(2), pages 558-573, June.
    15. Habib, Michel A. & Ziegler, Alexandre, 2007. "Why government bonds are sold by auction and corporate bonds by posted-price selling," Journal of Financial Intermediation, Elsevier, vol. 16(3), pages 343-367, July.
    16. Agranov, Marina & Yariv, Leeat, 2018. "Collusion through communication in auctions," Games and Economic Behavior, Elsevier, vol. 107(C), pages 93-108.
    17. Panos L. Lorentziadis, 2020. "Value-Rationalizability in Auction Bidding," SN Operations Research Forum, Springer, vol. 1(2), pages 1-13, June.
    18. Ricardo Gonçalves, 2008. "A communication equilibrium in English auctions with discrete bidding," Working Papers de Economia (Economics Working Papers) 042008, Católica Porto Business School, Universidade Católica Portuguesa.
    19. Fernando Branco, 1996. "Common value auctions with independent types," Review of Economic Design, Springer;Society for Economic Design, vol. 2(1), pages 283-309, December.

  27. Ronald M. Harstad & Dan Levin, 1985. "A Class of Dominance Solvable Common-Value Auctions," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 52(3), pages 525-528.

    Cited by:

    1. Cuihong Fan & Byoung Jun & Elmar Wolfstetter, 2014. "Licensing a common value innovation when signaling strength may backfire," International Journal of Game Theory, Springer;Game Theory Society, vol. 43(1), pages 215-244, February.
    2. Kim-Sau Chung & Jeffrey C. Ely, 2000. "Efficient and Dominance Solvable Auctions with Interdependent Valuations," Discussion Papers 1313, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    3. Francoise Forges & Ram Orzach, 2011. "Core-stable rings in second price auctions with common values," Post-Print hal-00659016, HAL.
    4. EINY, Ezra & HAIMANKO, Ori & ORZACH, Ram & SELA, Aner, 2001. "Dominance solvability of second-price auctions with differential information," LIDAM Discussion Papers CORE 2001007, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    5. Abraham, Ittai & Athey, Susan & Babaioff, Moshe & Grubb, Michael D., 2020. "Peaches, lemons, and cookies: Designing auction markets with dispersed information," Games and Economic Behavior, Elsevier, vol. 124(C), pages 454-477.
    6. Vleugels, Jan, 1997. "Bidding against an unknown number of competitiors sharing affiliated information," Sonderforschungsbereich 504 Publications 97-13, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
    7. Liu, Heng, 2014. "Equilibrium selection in common-value second-price auctions," Games and Economic Behavior, Elsevier, vol. 84(C), pages 1-6.
    8. John H. Kagel & Colin M. Campbell & Dan Levin, 1999. "The Winner's Curse and Public Information in Common Value Auctions: Reply," American Economic Review, American Economic Association, vol. 89(1), pages 325-334, March.
    9. Mares, Vlad & Harstad, Ronald M., 2003. "Private information revelation in common-value auctions," Journal of Economic Theory, Elsevier, vol. 109(2), pages 264-282, April.
    10. Heifetz, Aviad & Meier, Martin & Schipper, Burkhard C., 2019. "Comprehensive rationalizability," Games and Economic Behavior, Elsevier, vol. 116(C), pages 185-202.
    11. Azrieli, Yaron & Levin, Dan, 2011. "Dominance-solvable common-value large auctions," Games and Economic Behavior, Elsevier, vol. 73(2), pages 301-309.

  28. Harstad, Ronald M. & Marrese, Michael, 1982. "Behavioral explanations of efficient public good allocations," Journal of Public Economics, Elsevier, vol. 19(3), pages 367-383, December.
    See citations under working paper version above.
  29. Harstad, Ronald M. & Marrese, Michael, 1981. "Implementation of mechanism by processes : Public good allocation experiments," Journal of Economic Behavior & Organization, Elsevier, vol. 2(2), pages 129-151, June.

    Cited by:

    1. Philippe Aghion & Ernst Fehr & Richard Holden & Tom Wilkening, 2018. "The Role of Bounded Rationality and Imperfect Information in Subgame Perfect Implementation—An Empirical Investigation," Post-Print halshs-01756795, HAL.
    2. J. Ledyard, 1997. "Public Goods: A Survey of Experimental Research," Levine's Working Paper Archive 509, David K. Levine.
    3. Julian Rauchdobler & Rupert Sausgruber & Jean-Robert Tyran, 2010. "Voting on Thresholds for Public Goods: Experimental Evidence," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 66(1), pages 34-64, March.
    4. Juergen Bracht & Charles C. Figuieres & Marisa Ratto, 2008. "Relative performance of two simple incentive mechanisms in a public goods experiment [Performance relative de deux méchanismes incitatifs simple : expérimentation pour un bien public]," Post-Print hal-02658682, HAL.
    5. Fehr, Ernst & Powell, Michael & Wilkening, Tom, 2021. "Behavioral Constraints on the Design of Subgame-Perfect Implementation Mechanisms," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 111(4), pages 1055-1091.
    6. Chen, Yan & Plott, Charles R., 1996. "The Groves-Ledyard mechanism: An experimental study of institutional design," Journal of Public Economics, Elsevier, vol. 59(3), pages 335-364, March.
    7. Josef Falkinger, 2000. "A Simple Mechanism for the Efficient Provision of Public Goods: Experimental Evidence," American Economic Review, American Economic Association, vol. 90(1), pages 247-264, March.
    8. Ernst Fehr & Michael Powell & Tom Wilkening, 2014. "Handing Out Guns at a Knife Fight: Behavioral Limitations of Subgame-Perfect Implementation," CESifo Working Paper Series 4948, CESifo.
    9. Yi-Chun Chen & Richard Holden & Takashi Kunimoto & Yifei Sun & Tom Wilkening, 2023. "Getting Dynamic Implementation to Work," Journal of Political Economy, University of Chicago Press, vol. 131(2), pages 285-387.

IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.