Comparing Open and Sealed Bid Auctions: Evidence from Timber Auctions
---- Acknowledgements -----
We thank Phil Haile, Jerry Hausman, Ali Hortacsu, Guido Imbens, Richard Levin, Paul Milgrom, Ilya Segal, a co-editor and our referees for helpful suggestions. We are especially grateful to Rob Porter for detailed and insightful comments. Dominic Coey provided outstanding research assistance. Athey and Levin acknowledge the support of the National Science Foundation and Levin thanks the Alfred P. Sloan Foundation. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.