We present the results of a large field experiment on setting reserve prices in auctions for online advertisements, guided by the theory of optimal auction design suitably adapte...
Reserve price auctions are one of hot research topics in the traditional auction theory. Here we study the starting price in an online auction, counterpart of the public reserve pr...
In this paper we consider a common form of the English auction that is widely used in online Internet auctions. This discrete bid auction requires that the bidders may only submit...
Esther David, Alex Rogers, Jeremy Schiff, Sarit Kr...
The monopolist’s theory of optimal single-item auctions for agents with independent private values can be summarized by two statements. The first is from Myerson [8]: the optim...