This paper studies the bidding behavior of firms in U.S. Forest Service timber auctions in 1976--1990. When conducting timber auctions, the Forest Service publicly announces its estimates of the tract
Kính gửi: Quý Công ty Công ty Cổ phần Tập đoàn Lộc Trời (sau đây gọi tắt là LTG) đang có nhu cầu thanh lý xe ô tô tải như sau:THÔNG TIN XE Ô TÔ TẢISTTBIỂN KIỂM SOÁTHÃNGNĂM SẢN XUẤ
We propose an empirical method to analyze data from first-price procurements where bidders are asymmetric in their risk-aversion (CRRA) coefficients and distributions of private costs. Our Bayesian ap
Our analysis of novel data from hundreds of thousands of online auctions on a large platform operating in the Netherlands uncovers a tendency to bid round numbers. Round winning bids are higher than a
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