We investigate experimentally whether emotions affect bidding behavior in a first price auction. To induce emotions, we … confront subjects after a first auction series with a positive or negative random economic shock. We then explore the relation … between emotions and bidding behavior in a second auction series. Our main results are: (i) the economic shock has a …

This paper characterizes the optimal first-price auction (FPA) and second-price auction (SPA) for selling rights …

In a door-to-door fundraising field experiment, we study the impact of fundraising mechanisms on charitable giving. We … approached about 4500 households, each participating in either an all-pay auction, a lottery, a non-anonymous voluntary … contribution mechanism (VCM), or an anonymous VCM. In contrast to the VCMs, households competed for a prize in the all-pay auction …

Despite the mixed empirical evidence, many economists still hold to the view that Internet will promote competition …

is not present for a pure Internet player, we show that these firms will start online retail channels under a much wider … starting up an Internet retail channel themselves. We also show that a low cost of building up an online retail channel or …