Showing 1 - 2 of 2
Aseller in an online marketplace with an effective reputation mechanism should expect that dishonest behavior results in higher payments now whereas honest behavior results in a better reputation--and thus higher payments--in the future. We study the Window Aggregation Mechanism, a widely used...
Persistent link: https://www.econbiz.de/10009197538
In this paper we conduct an empirical investigation of a large-scale combinatorial auction (CA)--the Chilean auction for school meals in which the government procures half a billion dollars worth of meal services every year. Our empirical study is motivated by two fundamental aspects in the...
Persistent link: https://www.econbiz.de/10010990480