Behavioral Biases in Auctions : An Experimental Study

This paper investigates implications of some of the well-known behavioral biases of bidders' behavior in different types of auctions. It presents the results of an experimental study that tests the endowment hypothesis for English auctions and regret aversion hypothesis for first-price sealed-bid auctions. This study documents support for the former and no support for the latter hypotheses

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Year of publication:	2010
Authors:	Dodonova, Anna
Other Persons:	Khoroshilov, Yuri (contributor)
Publisher:	[2010]: [S.l.] : SSRN
Subject:	Experiment \| Auktionstheorie \| Auction theory \| Verhaltensökonomik \| Behavioral economics \| Experimentelle Ökonomik \| Experimental economics

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Extent:	1 Online-Ressource (9 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Economics Bulletin, Vol. 29, No. 3, pp. 2223-2231, 2009 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments July 29, 2009 erstellt
Classification:	C72 - Noncooperative Games
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013144955