Individual Behavior of First-Price Sealed-Bid Auctions: The Importance of Information Feedback in Experimental Markets
Year of publication: |
2002-12
|
---|---|
Authors: | Neugebauer, Tibor ; Selten, Reinhard |
Institutions: | University of Bonn, Germany |
Subject: | Experimental economics | first-price sealed-bid auctions | independent private value model | computerized competitors | bidding theory | risk aversion |
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