In many auctions, the auctioneer is an agent of the seller. This delegation invites corruption. In this paper we … propose a model of corruption, examine how corruption affects the auction game, how the anticipation of corruption affects … that may prevent corruption, and compare them to the fee schedules employed by major auction houses. -- auctions …

employees to accept lower wages as well? As an alternative to reviewing statistical data, we have performed an experiment with a … lower competitive wage in the second phase of an employment relationship that is known to both parties. The experiment casts …

the two mechanisms for the symmetric case. We show that subjects in a computerized experiment prefer the two-bid auction …

In this paper we present an experiment on the false consensus effect. Unlike previous experiments, we provide monetary …

bidders. In our experiment participants face four auction types (first versus second price - auction versus fair division game …

experiment where respondents have to detect corner solutions, that is, they should allocate to the venture either the maximum or … Allocation Strategy ; Entrepreneurship ; Questionnaire Experiment …

We review an asymmetric auction experiment. Based on Plum (1992) private valuations of the two bidders are …