There is a veritable menagerie of auctions—single-dimensional, multi-dimensional, single-
sided, double-sided, first-price, second-price, English, Dutch, Japanese, sealed-bid—and …

The questions addressed in this paper include: What is a laboratory experiment? What are
the reasons why economists conduct such experiments? What have we learned? Among the …

This chapter standardizes terminology, places the double auction (DA) institution and its
variants in the taxonomy of market institutions, and distinguishes the different sorts of trading …

Auctions are a fundamental mechanism to automating negotiations in electronic commerce.
We investigate multi-attribute auctions, an economic mechanism, which automates …

We consider a general family of auction mechanisms that admit multiple buyers and sellers,
and determine market-clearing prices. We analyze the economic incentives facing …

Price bubbles and crashes in experimental call markets* Page 1 Economics Letters 41 (1993)
179-185 179 0165-1765/93/$06.00 © 1993 Elsevier Science Publishers BV All rights reserved …

Combined-value auctions (CVAs) allow participants to make an offer of a single amount for a
collection of items. These auctions provide value to both buyers and sellers of goods or …

We present an extensive breakdown of the auction design space that captures the essential
similarities and differences of many auction mechanisms in a format more descriptive and …

In this article we report an experiment that examines how demand-side bidding can
discipline generators in a market for electric power. First we develop a treatment without …

The difficulty in designing and implementing electronic markets is oftentimes the
interdependence of technical and economic objectives (Weinhardt et al. 2006). From an …