The Reverse Auction: A New Approach to Experimental Auction Valuation

I propose an alternative approach to auction valuation in which participants indicate the quantity they wish to buy at a series of prices, with the understanding that one will be randomly chosen as the binding price. This technique allows researchers to estimate entire demand curves as well as own-price elasticities.

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Year of publication:	2006
Authors:	Corrigan, Jay R.
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Demand and Price Analysis

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Extent:	application/pdf
Series:	2006 Annual meeting, July 23-26, Long Beach, CA.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2006 Annual meeting, July 23-26, Long Beach, CA Number 21449
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005483688