Auction Format Matters : Evidenceon Bidding Behavior and Seller Revenue

Evidenceon Bidding Behavior and Seller Revenue

Auction Format Matters : Evidenceon Bidding Behavior and Seller Revenue
This paper evaluates the importance of auction format on bidding behavior and seller revenue, focusing on differences in performance under uniform-price and discriminatory-price formats. The analysis is based on a standard benchmark model from which empirically-testable hypotheses are derived on the optimal amount of bid shading that generates... READ MORE...

Publication date: May 1995
ISBN 9781451846607
$15.00

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