Publications of the Research Unit Market Design

  1. Refereed Journal // 2022

    Information design in sequential procurement

    We analyze the problem of a buyer who chooses a supplier for a two-period production project. The buyer lacks the commitment not to renegotiate the contractual terms in the second period. The prospect…

  2. Refereed Journal // 2022

    Social Norms, Sanctions, and Conditional Entry in Markets with Externalities: Evidence from an Artefactual Field Experiment

    In an artefactual field experiment with a large and heterogeneous non-student population sample, we test the implications of social norms for market interactions associated with negative real- …

  3. ZEW Discussion Paper No. 22-016 // 2022

    Entry in First-price Auctions with Signaling

    We study the optimal entry fee in a symmetric private value first-price auction with signaling, in which the participation decisions and the auction outcome are used by an outside observer to infer the bidders’…

  4. Refereed Journal // 2022

    Competing Combinatorial Auctions

    We investigate whether revenue-maximizing auctioneers selling heterogeneous items will allow for combinatorial bidding in the presence of auctioneer competition. We compare the choice of auction format by two…