Sutter, Matthias; Kocher, Martin; Strauß, Sabine - 2007
§ University of Göteborg
* University of Munich
Abstract: We examine bidding behaviour of individuals and teams in an …, experimental studies on bidding in auctions have so far relied on
individual bidders. Our results show that teams stay on average … revenues for the auctioneer, the bidding
behaviour of bidders, or the efficiency of an auction format (see, e.g., Binmore and …