Multiunit Auctions

30 Pages Posted: 4 Jun 2013

See all articles by Anthony M. Kwasnica

Anthony M. Kwasnica

Smeal College of Business

Katerina Sherstyuk

University of Hawaii - Department of Economics

Date Written: July 2013

Abstract

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. Topics include static and dynamic multiunit auctions; combinatorial auctions and efficient auction design; simultaneous and sequential auctions; bidder asymmetry and endogenous entry, and collusion in auctions. We also discuss behavioral regularities observed in multiunit auction experiments.

Keywords: Experiments, Multiunit auctions

Suggested Citation

Kwasnica, Anthony Mark and Sherstyuk, Katerina, Multiunit Auctions (July 2013). Journal of Economic Surveys, Vol. 27, Issue 3, pp. 461-490, 2013. Available at SSRN: https://ssrn.com/abstract=2273993 or http://dx.doi.org/10.1111/joes.12017

Anthony Mark Kwasnica (Contact Author)

Smeal College of Business ( email )

Department of Risk Management
332 Business Building
University Park, PA 16802-3306
United States

Katerina Sherstyuk

University of Hawaii - Department of Economics ( email )

Honolulu, HI 96822
United States
808-956-7851 (Phone)

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