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Demand reduction and bidder collusion in uniform and discriminatory price auctions: an experimental study
(Centro de Investigación y Docencia Económicas, División de Economía, 2008)
This paper reports results of an experimental study of uniform and discriminatory auctions of multiple objects in an environment of publicly known common values. We find that the bidding behavior in the uniform case exhibits ...
Uniform-price auctions without exogenous uncertainty: an experimental study
(Centro de Investigación y Docencia Económicas, División de Economía, 2007)
This paper reports results of an experimental study of uniform multi-unit auctions in an environment of publicly known common values. We find that the bidding behavior exhibits two clear regularities: agents consistently ...