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Perfect Equilibria in Budget Constrained Sequential Auctions: An Experimental Study

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  1. Ghosh, Gagan & Liu, Heng, 2019. "Sequential second-price auctions with private budgets," Games and Economic Behavior, Elsevier, vol. 113(C), pages 611-632.
  2. Reut Megidish & Aner Sela, 2014. "Sequential contests with synergy and budget constraints," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 42(1), pages 215-243, January.
  3. Harrison Hong & Ilan Kremer & Jeffrey D. Kubik & Jianping Mei & Michael Moses, 2015. "Ordering, revenue and anchoring in art auctions," RAND Journal of Economics, RAND Corporation, vol. 46(1), pages 186-216, March.
  4. Jean-Pierre Benoît & Vijay Krishna, 2001. "Multiple-Object Auctions with Budget Constrained Bidders," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 68(1), pages 155-179.
  5. Jofre-Bonet, Mireia & Pesendorfer, Martin, 2014. "Optimal sequential auctions," International Journal of Industrial Organization, Elsevier, vol. 33(C), pages 61-71.
  6. 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.
  7. Yeon-Koo Che & Ian Gale, 1994. "Auctions with budget-constrained buyers: a nonequivalence result," Working Papers (Old Series) 9402, Federal Reserve Bank of Cleveland.
  8. Bhaskar Chakravorti & William W. Sharkey & Yossef Spiegel & Simon Wilkie, 1995. "Auctioning the Airwaves: The Contest for Broadband pcs Spectrum," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 4(2), pages 345-373, June.
  9. Kotowski, Maciej H., 2020. "First-price auctions with budget constraints," Theoretical Economics, Econometric Society, vol. 15(1), January.
  10. Coenen, Heide & Holler, Manfred J. & Niskanen, Esko, 2000. "5th Helsinki Workshop on Standardization and Networks, 13-14 August, 2000," Discussion Papers 243, VATT Institute for Economic Research.
  11. repec:dau:papers:123456789/5447 is not listed on IDEAS
  12. Schnitzlein, Charles R. & Shao, Minjie, 2013. "Capacity constraints and the winner's curse in multi-unit common value auctions," The Quarterly Review of Economics and Finance, Elsevier, vol. 53(2), pages 188-201.
  13. Kariv, Shachar & Kotowski, Maciej H. & Leister, C. Matthew, 2018. "Liquidity risk in sequential trading networks," Games and Economic Behavior, Elsevier, vol. 109(C), pages 565-581.
  14. John McMillan, 1994. "Selling Spectrum Rights," Journal of Economic Perspectives, American Economic Association, vol. 8(3), pages 145-162, Summer.
  15. Minchuk, Yizhaq & Sela, Aner, 2018. "Prebidding first-price auctions with and without head starts," Mathematical Social Sciences, Elsevier, vol. 91(C), pages 51-55.
  16. Paul Milgrom, 2000. "Putting Auction Theory to Work: The Simultaneous Ascending Auction," Journal of Political Economy, University of Chicago Press, vol. 108(2), pages 245-272, April.
  17. Sanna Laksa & Daniel Marszalec, 2020. "Morning-Fresh: Declining Prices and the Right-to-Choose in a Faroese Fish Market," CIRJE F-Series CIRJE-F-1141, CIRJE, Faculty of Economics, University of Tokyo.
  18. Kenneth Hendricks & Ilke Onur & Thomas Wiseman, 2012. "Last-Minute Bidding in Sequential Auctions with Unobserved, Stochastic Entry," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 40(1), pages 1-19, February.
  19. Pitchik, Carolyn, 2009. "Budget-constrained sequential auctions with incomplete information," Games and Economic Behavior, Elsevier, vol. 66(2), pages 928-949, July.
  20. Roberto Burguet & R. McAfee, 2009. "License prices for financially constrained firms," Journal of Regulatory Economics, Springer, vol. 36(2), pages 178-198, October.
  21. Cramton, Peter C, 1995. "Money Out of Thin Air: The Nationwide Narrowband PCS Auction," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 4(2), pages 267-343, Summer.
  22. Gerard van der Laan & Zaifu Yang, 2016. "An ascending multi-item auction with financially constrained bidders," The Journal of Mechanism and Institution Design, Society for the Promotion of Mechanism and Institution Design, University of York, vol. 1(1), pages 109-149, December.
  23. David Ettinger, 2010. "Bidding among Friends and Enemies with Symmetric Information," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 166(2), pages 365-385, June.
  24. Woochoel Shin, 2015. "Keyword Search Advertising and Limited Budgets," Marketing Science, INFORMS, vol. 34(6), pages 882-896, November.
  25. Anne Épaulard & Jean-Pierre Laffargue & Pierre Malgrange, 2008. "Présentation générale," Economie & Prévision, La Documentation Française, vol. 0(2), pages 1-13.
  26. Beker, Pablo F. & Hernando-Veciana, Ángel, 2015. "The dynamics of bidding markets with financial constraints," Journal of Economic Theory, Elsevier, vol. 155(C), pages 234-261.
  27. Reut Megidish & Aner Sela, 2014. "Caps In Sequential Contests," Economic Inquiry, Western Economic Association International, vol. 52(2), pages 608-617, April.
  28. R. Preston McAfee & John McMillan, 1996. "Analyzing the Airwaves Auction," Journal of Economic Perspectives, American Economic Association, vol. 10(1), pages 159-175, Winter.
  29. Beker, Pablo F. & Hernando-Veciana, Angel, 2013. "Bidding Markets with Financial Constraints," Economic Research Papers 270532, University of Warwick - Department of Economics.
  30. De Silva, Dakshina G. & Dunne, Timothy & Kosmopoulou, Georgia, 2002. "Sequential bidding in auctions of construction contracts," Economics Letters, Elsevier, vol. 76(2), pages 239-244, July.
  31. Audrey Hu & Liang Zou, 2016. "Sequential Auctions with Generalized Interdependent Values," Tinbergen Institute Discussion Papers 16-016/I, Tinbergen Institute.
  32. Jinsoo Bae & John H. Kagel, 2022. "Selling shares to budget-constrained bidders: an experimental study of the proportional auction," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 8(1), pages 45-55, December.
  33. Gerard Marty & Raphaele Preget, 2007. "A Socio-economic Analysis of French Public Timber Sales," Working Papers - Cahiers du LEF 2007-03, Laboratoire d'Economie Forestiere, AgroParisTech-INRA.
  34. Gale, Ian L. & Stegeman, Mark, 2001. "Sequential Auctions of Endogenously Valued Objects," Games and Economic Behavior, Elsevier, vol. 36(1), pages 74-103, July.
  35. Jeremy Bulow & Paul Klemperer, 2002. "Prices and the Winner's Curse," RAND Journal of Economics, The RAND Corporation, vol. 33(1), pages 1-21, Spring.
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