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Multi-Unit Auctions

  • Anthony M. Kwasnica

    ()

    (Smeal College of Business, The Pennsylvania State University)

  • Katerina Sherstyuk

    ()

    (Department of Economics, University of Hawaii at Manoa)

We survey experimental research on multi-unit auctions with an emphasis on topics that may be of a unifying interest to experimental, as well as theoretical and empiri- cal economists. Topics include static and dynamic multi-unit auctions; combinatorial auctions and efficient auction design; simultaneous and sequential auctions; bidder asymmetry and endogenous entry, and collusion in auctions. We also discuss behav- ioral regularities observed in multi-unit auction experiments.

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File URL: http://www.economics.hawaii.edu/research/workingpapers/WP_13-1.pdf
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Paper provided by University of Hawaii at Manoa, Department of Economics in its series Working Papers with number 201301.

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Length: 48 pages
Date of creation: Jan 2013
Date of revision:
Handle: RePEc:hai:wpaper:201301
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