메뉴 건너뛰기




Volumn 53, Issue 2, 2005, Pages 170-207

Multi-unit demand auctions with synergies: Behavior in sealed-bid versus ascending-bid uniform-price auctions

Author keywords

Auction; Experiment; Exposure problem; Synergies

Indexed keywords


EID: 28044465123     PISSN: 08998256     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.geb.2004.07.004     Document Type: Article
Times cited : (37)

References (30)
  • 1
    • 0003692456 scopus 로고    scopus 로고
    • An efficient ascending-bid auction for multiple objects
    • Working paper No. 97-06. University of Maryland
    • Ausubel, L. M. 1997. An efficient ascending-bid auction for multiple objects. Working paper No. 97-06. University of Maryland
    • (1997)
    • Ausubel, L.M.1
  • 2
    • 0003489924 scopus 로고    scopus 로고
    • Demand revelation and inefficiency in multi-unit auctions
    • Mimeo. University of Maryland
    • Ausubel, L.M., Cramton, P., 1996. Demand revelation and inefficiency in multi-unit auctions. Mimeo. University of Maryland
    • (1996)
    • Ausubel, L.M.1    Cramton, P.2
  • 4
    • 84934562303 scopus 로고
    • The simple economics of optimal auctions
    • J. Bulow J. Roberts The simple economics of optimal auctions J. Polit. Economy 97 1989 1060-1090
    • (1989) J. Polit. Economy , vol.97 , pp. 1060-1090
    • Bulow, J.1    Roberts, J.2
  • 5
    • 0039687277 scopus 로고
    • Mutually destructive bidding: The FCC auction design problems
    • Working paper. California Institute of Technology
    • Bykowsky, M., Cull, R., Ledyard, J. 1995. Mutually destructive bidding: the FCC auction design problems. Working paper. California Institute of Technology
    • (1995)
    • Bykowsky, M.1    Cull, R.2    Ledyard, J.3
  • 6
    • 0038899122 scopus 로고    scopus 로고
    • The Vickrey-Clarke-Groves versus the simultaneous ascending auction: An experimental approach
    • Working paper. Princeton University
    • Brenner, D., Morgan, J. 1997. The Vickrey-Clarke-Groves versus the simultaneous ascending auction: An experimental approach. Working paper. Princeton University
    • (1997)
    • Brenner, D.1    Morgan, J.2
  • 7
    • 0038802294 scopus 로고    scopus 로고
    • Report 2: Simultaneous ascending auctions with package bidding
    • Charles River Associates, Inc., Market Design, Inc. Report to the Federal Communications Commission. Available from
    • Charles River Associates, Inc., Market Design, Inc. 1998. Report 2: Simultaneous ascending auctions with package bidding. Report to the Federal Communications Commission. Available from: http://www.fcc.gov/wtb/auctions/combin
    • (1998)
  • 8
    • 84988074995 scopus 로고
    • Money out of thin air: The nationwide narrowband PCS auction
    • P. Cramton Money out of thin air: The nationwide narrowband PCS auction J. Econ. Manage. Strategy 4 1995 267-343
    • (1995) J. Econ. Manage. Strategy , vol.4 , pp. 267-343
    • Cramton, P.1
  • 9
    • 0032220548 scopus 로고    scopus 로고
    • Multi-unit auctions with uniform prices
    • R. Engelbrecht-Wiggans C. Kahn Multi-unit auctions with uniform prices Econ. Theory 12 1998 227-258
    • (1998) Econ. Theory , vol.12 , pp. 227-258
    • Engelbrecht-Wiggans, R.1    Kahn, C.2
  • 11
    • 0346816378 scopus 로고    scopus 로고
    • Robustness of the incentive compatible combinatorial auction
    • R. Isaac D. James Robustness of the incentive compatible combinatorial auction J Exper. Econ. 3 2000 31-54
    • (2000) J Exper. Econ. , vol.3 , pp. 31-54
    • Isaac, R.1    James, D.2
  • 12
    • 0002564950 scopus 로고
    • Auctions: A survey of experimental research
    • J. Kagel A. Roth (Eds.) Princeton Univ. Press Princeton, NJ
    • J. Kagel Auctions: A survey of experimental research In: J. Kagel A. Roth (Eds.) Handbook of Experimental Economics 1995 Princeton Univ. Press Princeton, NJ
    • (1995) Handbook of Experimental Economics
    • Kagel, J.1
  • 13
    • 0000656084 scopus 로고    scopus 로고
    • Behavior in multi-unit demand auctions: Experiments with uniform price and dynamic Vickrey auctions
    • J. Kagel D. Levin Behavior in multi-unit demand auctions: Experiments with uniform price and dynamic Vickrey auctions Econometrica 69 2001 413-454
    • (2001) Econometrica , vol.69 , pp. 413-454
    • Kagel, J.1    Levin, D.2
  • 15
    • 0001411880 scopus 로고
    • Information impact and allocation rules in auctions with affiliated private values: A laboratory study
    • J. Kagel R. Harstad D. Levin Information impact and allocation rules in auctions with affiliated private values: A laboratory study Econometrica 55 1987 1275-1304
    • (1987) Econometrica , vol.55 , pp. 1275-1304
    • Kagel, J.1    Harstad, R.2    Levin, D.3
  • 16
    • 0000125532 scopus 로고
    • Prospect theory: An analysis of decision under risk
    • D. Kahneman A. Tverskey Prospect theory: An analysis of decision under risk Econometrica 47 1979 263-291
    • (1979) Econometrica , vol.47 , pp. 263-291
    • Kahneman, D.1    Tverskey, A.2
  • 17
    • 4344706575 scopus 로고    scopus 로고
    • Auctions of homogeneous goods with increasing returns: Experimental comparison of alternative Dutch auctions
    • (in press)
    • E. Katok A. Roth Auctions of homogeneous goods with increasing returns: experimental comparison of alternative Dutch auctions Manage. Sci. 2004 (in press)
    • (2004) Manage. Sci.
    • Katok, E.1    Roth, A.2
  • 18
  • 20
    • 0000411731 scopus 로고    scopus 로고
    • Revenue effects and information processing in English common value auctions
    • D. Levin J. Kagel J.-F. Richard Revenue effects and information processing in English common value auctions Amer. Econ. Rev. 86 1996 442-460
    • (1996) Amer. Econ. Rev. , vol.86 , pp. 442-460
    • Levin, D.1    Kagel, J.2    Richard, J.-F.3
  • 21
    • 0001697397 scopus 로고    scopus 로고
    • Demand reduction in multi-unit auctions: Evidence from a sportscard field experiment
    • J. List D. Lucking-Reiley Demand reduction in multi-unit auctions: evidence from a sportscard field experiment Amer. Econ. Rev. 90 2000 961-972
    • (2000) Amer. Econ. Rev. , vol.90 , pp. 961-972
    • List, J.1    Lucking-Reiley, D.2
  • 23
    • 28044455555 scopus 로고    scopus 로고
    • Interactive TV dream fades for licensees
    • (Feb. 17)
    • Mills, M. 1997. Interactive TV dream fades for licensees, The Washington Post (Feb. 17), A16
    • (1997) The Washington Post.
    • Mills, M.1
  • 24
    • 28044447536 scopus 로고    scopus 로고
    • What's in the air? Interlicense synergies and their impact on the FCC's broadband PCS license auctions
    • Working paper. University California at Berkeley
    • Morten, P., Spiller, P. 1996. What's in the air? Interlicense synergies and their impact on the FCC's broadband PCS license auctions. Working paper. University California at Berkeley
    • (1996)
    • Morten, P.1    Spiller, P.2
  • 25
    • 0001845798 scopus 로고
    • Interactive TV dream fades for licensees
    • R.B. Myerson Interactive TV dream fades for licensees Math. Operations Res. 6 1981 58-73
    • (1981) Math. Operations Res. , vol.6 , pp. 58-73
    • Myerson, R.B.1
  • 26
    • 28044468093 scopus 로고    scopus 로고
    • Small firms get tangled in phone-service bids
    • (March 4)
    • Naik, G. 1996. Small firms get tangled in phone-service bids. Wall Street J. (March 4) B1
    • (1996) Wall Street J.
    • Naik, G.1
  • 27
    • 0005121672 scopus 로고    scopus 로고
    • A sealed-bid auction that matches the English auction
    • M. Perry E. Wolfstetter S. Zamir A sealed-bid auction that matches the English auction Games Econ. Behav. 33 2000 265-273
    • (2000) Games Econ. Behav. , vol.33 , pp. 265-273
    • Perry, M.1    Wolfstetter, E.2    Zamir, S.3
  • 28
    • 0031483427 scopus 로고    scopus 로고
    • Laboratory experimental testbeds: Application to the PCS auction
    • C. Plott Laboratory experimental testbeds: Application to the PCS auction J. Econ. Manage. Strategy 6 1997 605-638
    • (1997) J. Econ. Manage. Strategy , vol.6 , pp. 605-638
    • Plott, C.1
  • 29
    • 0032141895 scopus 로고    scopus 로고
    • Computationally manageable combinational auctions
    • M. Rothkopf A. Pekec R. Harstad Computationally manageable combinational auctions Manage. Sci. 44 1998 1131-1147
    • (1998) Manage. Sci. , vol.44 , pp. 1131-1147
    • Rothkopf, M.1    Pekec, A.2    Harstad, R.3
  • 30
    • 0001085047 scopus 로고
    • Extensive form games in continuous time: Pure strategies
    • L. Simon M. Stinchcombe Extensive form games in continuous time: Pure strategies Econometrica 57 1989 1171-1214
    • (1989) Econometrica , vol.57 , pp. 1171-1214
    • Simon, L.1    Stinchcombe, M.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.