in experiments of the Voluntary Contribution Mechanism. A recent approach tackling that gap is Arifovic and Ledyard (2012 … differs, on average, in less than 5% compared to relevant experiments with punishment in the lab. …

; and rst-price, second-price, and all-pay auctions. Second, we establish revenue equivalence of these auction mechanisms in … auctions. Finally, we identify an optimal mechanism and its implementation by means of reserve prices in lottery and auction …

reverse auction. Shares are allocated endogenously, depending on the suppliers ́bids. The procedure obtains dual sourcing by … than a standard auction for sole sourcing. We also show that providers reveal their costs truthfully and that the …

choices from a laboratory experiment. The equilibrium predicts that the large battlefield receives more than a proportional …

-dependent preferences. -- Repeated markets ; Economic principles ; Anomalies ; Experiment ; Social interactions …