Auction Mechanisms and Treasury Revenue: Evidence from the Chinese Experiment

Department of the Treasury Internal Revenue Service

The Revenue Maximizing Auction

How the U.S. Treasury Should Auction Its Debt

The views expressed herein are those of the authors and not necessarily those of the Federal Reserve Bank of Minneapolis or the Federal Reserve System.

Online Auction and List Price Revenue Management

W analyze a revenue management problem in which a seller facing a Poisson arrival stream of consumers operates an online multiunit auction. Consumers can get the product from an alternative list price channel. We consider two variants of this problem: In the first variant, the list price is an external channel run by another firm. In the second one, the seller manages both the auction and the l...

Framing Bias in the Interpretation of Quality Improvement Data: Evidence From an Experiment

Background A growing body of public management literature sheds light on potential shortcomings to quality improvement (QI) and performance management efforts. These challenges stem from heuristics individuals use when interpreting data. Evidence from studies of citizens suggests that individuals’ evaluation of data is influenced by the linguistic framing or context of that information an...