1 2/1/05 Revised 3/3/06 Gender Effects in Private Value Auctions ∗ John C. Ham Department of Economics, University of Southern California and IZA and John H. Kagel** Department of Economics, The Ohio State University, Columbus, OH, USA ______________________________________________________________________________ Abstract In a two-stage auction women are significantly more likely to go bankrupt than men, bidding more aggressively than the men in both phases of the auction process. JEL classification: J16, D44 Key words: Auctions; Gender effects; Two-stage bidding ___________________ ** Corresponding author at: Department of Economics, 410 Arps Hall, 1945 North High Street, Columbus, OH 43210-1172, USA E-mail address: Kagel.4@osu.edu (J.H. Kagel) ∗ We thank Kirill Chernomaz for valuable research assistance. This research has been partially supported by NSF Grant 0136928. Any opinions, findings, and conclusions or recommendations are those of the authors and do not necessarily reflect the views of the National Science Foundation.