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~institution:"University of Bonn, Germany"
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Auction theory
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reference-dependent utility
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reserve prices
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Rosenkranz, Stephanie
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University of Bonn, Germany
C.E.P.R. Discussion Papers
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Reserve
prices
in auctions as reference points
Rosenkranz, Stephanie
;
Schmitz, Patrick W.
-
University of Bonn, Germany
-
2005
bidders. Also in contrast to the standard model, we find that secret
reserve
prices
can outperform public
reserve
prices
, and …
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