The first question faced in writing this survey is how to organize it and what to include. There
have been hundreds of papers reporting experimental work on auctions since the 1995 …

Auctions: A Survey of Experimental Research* John H. Kagel and Dan Levin Department of
Economics The Ohio State University 410 Page 1 Auctions: A Survey of Experimental …

Wholesale electricity markets have several features that increase the likelihood of collusion,
including frequent interaction, multimarket contact, and a high degree of information …

Many financial assets, especially government bonds, are issued by an auction. An important
feature of the design is the auction pricing mechanism: uniform versus discriminatory …

We survey experimental research on multiunit auctions with an emphasis on topics that may
be of a unifying interest to experimental, as well as theoretical and empirical economists …

An important feature of bond markets is the relationship between the initial public offering
(IPO) price and the probability that the issuer defaults. On the one hand, the default …

We model and experimentally examine the board structure–performance relationship. We
examine single-tiered boards, two-tiered boards, insider-controlled boards, and outsider …

The danger of collusion presents a serious challenge for auctioneers. In this paper, we
compare the collusive properties of two standard auctions, the English auction and the first …

The existence of a “bidding market” is commonly cited as a reason to tolerate the creation or
maintenance of highly concentrated markets. We discuss three erroneous arguments to that …

Germany is among the leading countries regarding the promotion of renewable energy
towards a sustainable energy system transition. In this paper, we investigate the German …