Güth, Werner; Levati, M. Vittoria; Ploner, Matteo - Wirtschaftswissenschaftliche Fakultät, … - 2010
Bidding rules that guarantee procedural fairness may induce more equilibrium bidding and moderate other-regarding concerns. In our experiment, we assume commonly known true values and only two bidders to implement a best-case scenario for other-regarding concerns. The two-by-two factorial design...