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Conservation auctions, collusion and the endowment effect
Dijk, Justin; Ansink, Erik; Soest, Daniël Pieter van - 2018
We contribute to the literature on the optimal design of auction mechanisms for the procurement of nature conservation …
Persistent link: https://www.econbiz.de/10011932593
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Online experimental auctions
El Haji, Anouar; Lusk, Jayson L.; Mermer, Ayse; … - 2023
For companies, it is essential to obtain information about customers' preferences to successfully market their products and services. Experimental auctions are a promising method for acquiring such information considering that they are incentive compatible and non-hypothetical. Their...
Persistent link: https://www.econbiz.de/10014390433
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Emotions and economic shocks in a first-price auction
Bosman, Ronald; Riedl, Arno - 2003
We investigate experimentally whether emotions affect bidding behavior in a firstprice auction. To induce emotions, we … confront subjects after a first auction series with apositive or negative random economic shock. We then explore the relation … between emotions andbidding behavior in a second auction series. Our main results are: (i) the economic shock has asubstantial …
Persistent link: https://www.econbiz.de/10011333886
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The extent of internet auction markets
Haan, Laurens de; Vries, Casper G. de; Chen Zhou - 2008
Persistent link: https://www.econbiz.de/10003705985
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If winning isn't everything, why do they keep score? : a structural empirical analysis of Dutch flower auctions
Berg, Gerard J. van den; Klaauw, Bas van der - 2007
This paper provides a structural empirical analysis of Dutch auctions of houseplants at the flower auction in Aalsmeer … auction participants, and as such these data are collectible due to neurological constraints on information processing. The …
Persistent link: https://www.econbiz.de/10011372506
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The unique-lowest sealed-bid auction
Houba, Harold; Laan, Dinard van der; Veldhuizen, Dirk - 2008
-bidders' auction is similar to the Hawk-Dove game, which motivates to study symmetric NEs: Properties and comparative statics are …
Persistent link: https://www.econbiz.de/10011374396
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An ascending multi-item auction with financially constrained bidders
Laan, Gerard van der; Yang, Zaifu - 2008
constrained bidders. Succeedingly we propose an ascending auction mechanism that always results in an equilibrium allocation and … underdemanded set, or there is neither overdemand nor underdemand anymore. In the latter case the auction stops. In the former case …, precisely one item will be sold, the bidder buying the item leaves the auction and the auction continues with the remaining …
Persistent link: https://www.econbiz.de/10011374424
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The extent of internet auction markets
Haan, Laurens de; Vries, Casper G. de; Chen Zhou - 2007
Internet auctions attract numerous agents, but only a few become active bidders. A major difficulty in the structural analysis of internet auctions is that the number of potential bidders is unknown. Under the independent private value paradigm (IPVP)the valuations of the active bidders form a...
Persistent link: https://www.econbiz.de/10011374431
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Do auctions and forced divestitures increase competition?
Soetevent, Adriaan R.; Haan, Marco; Heijnen, Pim - 2011
Where markets are insufficiently competitive, governments can intervene by auctioninglicenses to operate or by forcing divestitures. The Dutch government has doneexactly that, organizing auctions to redistribute tenancy rights for highway gasolinestations and forcing the divestiture of outlets...
Persistent link: https://www.econbiz.de/10011377389
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Auctioning incentive contracts : an experimental study
Onderstal, Sander; Meerendonk, Arthur van de - 2009
-price dimensions after the auction. Both auctions theoretically implement the surplus maximizing mechanism. Our experiment confirms …
Persistent link: https://www.econbiz.de/10011379431