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An experimental study of bidding in contests of incomplete information

Brookins, Philip; Ryvkin, Dmitry - In: Experimental Economics 17 (2014) 2, pp. 245-261

report the results of an experimental study of bidding in contests under different information and symmetry conditions about …

Persistent link: https://www.econbiz.de/10010988962

The visible hand: finger ratio (2D:4D) and competitive bidding

Pearson, Matthew; Schipper, Burkhard - In: Experimental Economics 15 (2012) 3, pp. 510-529

D) of the right hand, a measure of prenatal hormone exposure, is correlated with bidding behavior and total profits. 2D …D:4D on either bidding or profits. However, there might be racial differences in the correlation between 2D:4D and … bidding and profits. Copyright Economic Science Association 2012 …

Persistent link: https://www.econbiz.de/10010988964

Valuation structure in first-price and least-revenue auctions: an experimental investigation

Aycinena, Diego; Baltaduonis, Rimvydas; Rentschler, Lucas - In: Experimental Economics 17 (2014) 1, pp. 100-128

above the break-even bidding threshold. In this paper, we compare first-price auctions with an alternative auction mechanism …, bidding above the break-even bidding threshold is significantly less prevalent in least-revenue auctions regardless of …

Persistent link: https://www.econbiz.de/10010989001

Learning in a Laboratory Market with Random Supply and Demand

Cason, Timothy; Friedman, Daniel - In: Experimental Economics 2 (1999) 1, pp. 77-98

We propose a simple adaptive learning model to study behavior in the call market. The laboratory environment features buyers and sellers who receive a new random value or cost in each period, so they must learn a strategy that maps these random draws into bids or asks. We focus on buyers'...

Persistent link: https://www.econbiz.de/10005711699