Scale effects in multi-unit auctions

DOI10.1016/J.GEB.2019.04.009MaRDI QIDQ2002353zbMATH OpenOpenAlexFDO

Authors Rebecca Elskamp, René Kirkegaard

Publication date 12 July 2019

Published in Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.geb.2019.04.009

zbMATH Keywords

multi-unit demanduniform-price auction

Mathematics Subject Classification ID

Experimental studies (91A90) Auctions, bargaining, bidding and selling, and other market models (91B26)

Recommendations

• Behavior in Multi-Unit Demand Auctions: Experiments with Uniform Price and Dynamic Vickrey Auctions
• Large multi-unit auctions with a large bidder
• Demand reduction and inefficiency in multi-unit auctions
• Multi-unit demand auctions with synergies: behavior in sealed-bid versus ascending-bid uniform-price auctions
• Multi-unit auctions with uniform prices

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Uses Software

• oTree

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