Qin, Botao - In: Economics: The Open-Access, Open-Assessment E-Journal 14 (2020) 2020-11, pp. 1-15
. Using an induced value experiment in China with a random nth-price auction, the author finds: 1) Hypothetical bias exists in … a random nth-price auction with induced values and making a truth-telling promise can reduce the hypothetical bias. 2 …