Auctions of Homogeneous Goods with Increasing Returns: Experimental Comparison of Alternative “Dutch” Auctions
Published Online:1 Aug 2004https://doi.org/10.1287/mnsc.1040.0254
References
- . How auctions work for wine and art. J. Econom. Perspectives (1989) 3(3):23–36Crossref, Google Scholar
- An efficient ascending-bid auction for multiple objects. (2002) . Working paper, University of Maryland, College Park, MDGoogle Scholar
- Demand reduction and inefficiency in multi-unit auctions. (2002) . Working paper no. 96-07, University of Maryland, College Park, MDGoogle Scholar
- The effect of self-tender offers on earnings expectations. J. Financial Res. (1998) 21(2):123–138Crossref, Google Scholar
- , Cramton Peter, Shoham Yoav, Steinberg Richard. Auctioning bus routes. Combinatorial Auctions (2005) (MIT Press, Cambridge, MA) Crossref, Google Scholar
- Slow Dutch auctions. Management Sci. (2004) . ForthcomingGoogle Scholar
- Theory and behavior of single object auctions. Res. Experiment. Econom. (1982) 1:61–99Google Scholar
- Multi-unit pay-your-bid auctions with variable awards. Games Econom. Behavior (1998a) 23:25–42Crossref, Google Scholar
- Multi-unit auctions with uniform prices. Econom. Theory (1998b) 12(2):227–258Crossref, Google Scholar
- An example of a multi-object auction game. Management Sci. (1979) 25(12):1272–1276Link, Google Scholar
- Buy or wait: That is the question. (2004) . Working paperGoogle Scholar
- z-Tree—Zurich toolbox for readymade economic experiments. Experimenter's manual. (1999) . Working paper #21, Institute for Empirical Research in Economics, University of Zurich, Zurich, SwitzerlandGoogle Scholar
- Multi-object auctions: Sequential vs. simultaneous sales. Management Sci. (1986) 32(12):1599–1610Link, Google Scholar
- . Behavior in multi-unit demand auctions: Experiments with uniform price and dynamic Vickrey auctions. Econometrica (2001) 69(2):413–454Crossref, Google Scholar
- . Multi-unit demand auctions with synergies: Behavior in sealed-bid versus ascending-bid uniform price auctions. Games Econom. Behavior (2004) . ForthcomingGoogle Scholar
- Time is money: The impact of clock speed on seller's revenue in Dutch auctions. (2004) . Working paper, Pennsylvania State University, University Park, PAGoogle Scholar
- Quantitative analysis for Internet-enabled supply chains. Interfaces (2001) 31(2):70–89Link, Google Scholar
- The procurement and sourcing applications report, 2001–2006. AMR Res. (2002) July 31Google Scholar
- Simultaneous auctions with synergies. Games Econom. Behavior (1996) 17:1–31Crossref, Google Scholar
- Retail pricing and clearance sales. Amer. Econom. Rev. (1986) 76(1):14–32Google Scholar
- Demand reduction in multi-unit auctions: Evidence from a sportscard field experiment. Amer. Econom. Rev. (2000) 90(4):961–972Crossref, Google Scholar
- The first use of a combined-value auction for transportation services. Interfaces (2002) 32(5):4–12Link, Google Scholar
- Using field experiments to test equivalence between auction formats: Magic on the Internet. Amer. Econom. Rev. (1999) 89(5):1063–1080Crossref, Google Scholar
- Auctions on the Internet: What's being auctioned and how? J. Indust. Econom. (2000) 48(3):227–252Crossref, Google Scholar
- The declining price anomaly. J. Econom. Theory (1993) 60(1):191–212Crossref, Google Scholar
- Auction institutional design: Theory and behavior of simultaneous multiple-unit generalizations of the Dutch and English auctions. Amer. Econom. Rev. (1990) 80(5):1276–1283Google Scholar
- . Putting auction theory to work: The simultaneous ascending auction. J. Political Econom. (2000) 108(2):245–272Crossref, Google Scholar
- . Putting Auction Theory to Work (2004) (Churchill Lectures in Economics, Cambridge University Press, Cambridge, U.KM) Crossref, Google Scholar
- The timing of bids in Internet auctions: Market design, bidder behavior, and artificial agents. AI Magazine (2002) Fall):79–88Google Scholar
- Late and multiple bidding in second-price Internet auctions: Theory and evidence. Games Econom. Behavior (2003) . ForthcomingGoogle Scholar
- Multiple-object, discriminatory auctions with bidding constraints: A game-theoretic analysis. Management Sci. (1980) 26(9):935–946Link, Google Scholar
- PrecisionTree: Decision analysis in Microsoft Excel (2003) . www.palisade.com/Google Scholar
- Last-minute bidding and the rules for ending second-price auctions: Evidence from eBay and Amazon auctions on the Internet. Amer. Econom. Rev. (2002) 92(4):1093–1103Crossref, Google Scholar
- Bidding in simultaneous auctions with a constraint on exposure. Oper. Res. (1977) 25:620–629Link, Google Scholar
- Computationally manageable combinational auctions. Management Sci. (1998) 44(8):1131–1147Link, Google Scholar
- Why are Vickrey auctions rare? J. Political Econom. (1990) 98(1):94–109Crossref, Google Scholar
- The declining price anomaly in Dutch rose auctions. Amer. Econom. Rev. (2001) 91(4):1055–1062Crossref, Google Scholar
- . Counterspeculation, auctions, and competitive sealed tenders. J. Finance (1961) 16:8–37Crossref, Google Scholar
- . Auctions of shares. Quart. J. Econom. (1979) 93(4):675–689Crossref, Google Scholar

