From English to First-Price Sealed Bid: An Empirical Assessment of the Change in Auction Type on Experienced Bidders
This paper estimate the differential impact of first-price sealed-bid (first-price) auctions relative to English auctions on auction revenue. While there is a theoretical literature on the potential outcomes of first-price relative to English auction, there is a paucity of articles that empirically...
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| Format: | Article |
| Language: | English |
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Sciendo
2014-06-01
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| Series: | Review of Economic Perspectives |
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| Online Access: | https://doi.org/10.2478/revecp-2014-0006 |