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...
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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
1995.
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| Series: | IMF Working Papers; Working Paper ;
No. 1995/047 |
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| Online Access: | Full text available on IMF |