THE IMPACT OF CHANGE IN AUCTION FORMAT ON BIDDING BEHAVIOR

Dakshina De Silva, Anuruddha Kankanamge and Georgia Kosmopoulou
Additional contact information
Anuruddha Kankanamge: University of Oklahoma

Microeconomics from University Library of Munich, Germany

Abstract: We investigate differences in bidding behavior and participation patterns between simultaneous and multi-round auction formats held in the state of Oklahoma. Theory suggests there could be differential bidding effects arising from synergies and the release of relevant information across the two formats. We find no statistically significant difference in either the number of bids submitted or the bidding patterns observed relative to the control group of auctions held under a uniform format in Texas.

Keywords: Auctions; Multi-round auctions. (search for similar items in EconPapers)
JEL-codes: D44 (search for similar items in EconPapers)
Pages: 9 pages
Date: 2005-12-31
New Economics Papers: this item is included in nep-gth
Note: Type of Document - pdf; pages: 9
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://econwpa.ub.uni-muenchen.de/econ-wp/mic/papers/0512/0512009.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpmi:0512009

Access Statistics for this paper

More papers in Microeconomics from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ().