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In recent auctions for paging licenses, the Federal Communications Commission has granted businesses owned by minorities and women substantial bidding credits. In this article, Professors Ayres and Cramton analyze a particular auction and argue that the affirmative action bidding preferences, by increasing competition among auction participants, increased(More)
  • Peter C Cramton, Larry Ausubel, Ian Ayres, David Moore, Bob Rosenthal, Greg Rosston +1 other
  • 1997
This paper analyzes six spectrum auctions conducted by the Federal Communications Commission (FCC) from July 1994 to May 1996. These auctions were simultaneous multiple-round auctions in which collections of licenses were auctioned simultaneously. This auction form proved remarkably successful. Similar items sold for similar prices and bidders successfully(More)
  • Raymond Fisman, Shachar Kariv, Daniel Markovits, Kariv, Markovits Yale, Bruce Ackerman +22 others
  • 2005
We study individual preferences for giving. Our experiments employ a graphical interface that allows subjects to see geometric representations of choice sets on a computer screen and to make decisions through a simple point-and-We utilize graphical representations of Dictator Games which generate rich individual level data. Our baseline experiment employs(More)
This Article attempts to make progress on the problems of both sexually transmitted disease and acquaintance rape by proposing a new crime of reckless sexual conduct. A defendant would be guilty of reckless sexual conduct if, in a first-time sexual encounter with another person, the defendant had sexual intercourse without using a condom. Consent to(More)
Following Becker (1957) we ask whether competition will eliminate the effects of behavioral biases. We study the case of shrouded product attributes, such as maintenance costs, expensive add-ons, and hidden fees. In standard competitive models with costless advertising all firms choose to reveal all product information. We show that information revelation(More)
  • Charles R Korsmo, Minor Myers, Charles R Korsmo Minor Myers, Barry Adler, Ian Ayres, Quinn Curtis +9 others
  • 2015
In this Article, we demonstrate that the stockholder's appraisal remedy—long-dismissed in corporate law scholarship as useless or worse—is in the middle of a renaissance in public company mergers. We argue that this surge in appraisal activity promises to benefit public shareholders in circumstances where they are most vulnerable. We first show a sea change(More)
  • Brian D Galle, Tax, Brian Galle, Ben Alarie, Reuven Avi-Yorah, Ian Ayres +21 others
  • 2014
This Article compares for the first time the relative economic efficiency of " nudges " and other forms of behaviorally inspired regulation against more common policy alternatives, such as taxes, subsidies, or traditional quantity regulation. Environmental economists and some legal commentators have dismissed nudge-type interventions out of hand for their(More)
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