A change in the timing of auctions with synergies and its impact on bidding behavior

De Silva, Dakshina G. and Kankanamge, Anuruddha and Kosmopoulou, Georgia (2007) A change in the timing of auctions with synergies and its impact on bidding behavior. Economics Letters, 95 (1). pp. 60-65. ISSN 0165-1765

Abstract

We compare auctions held in simultaneous and multi-round formats, where synergies and the release of relevant information can create differential bidding effects. We find no statistically significant difference in either the bidding patterns observed or the number of bids submitted.