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Does the absence of human sellers bias bidding behavior in auction experiments?

Bartling, Björn; Gesche, Tobias; Netzer, Nick - 2016

second-price auctions. Overbidding is a robust finding in second- price auctions, and spite among bidders has been advanced … bias upwards the bidding behavior in existing experimental auctions. We derive the equilibrium bidding function in a model …-price auctions in which human sellers are absent. …

Persistent link: https://www.econbiz.de/10011663184

Auction mechanisms and bidder collusion: Bribes, signals and selection

Llorente-Saguer, Aniol; Zultan, Ro'i - 2014

The theoretical literature on collusion in auctions suggests that the first-price mechanism can deter the formation of … likely to affect the bidding behavior in first-price (but not second-price) auctions. We test experimentally a setup in which … collusion in first-price and second-price auctions. Furthermore, failed collusion attempts distort the bidding behavior in the …

Persistent link: https://www.econbiz.de/10011380984

Sealed Bid Auctions vs. Ascending Bid Auctions: An Experimental Study

Andersson, Tommy; Andersson, Christer; Andersson, Ola - 2010

This paper considers the sealed bid and ascending auction, which both identifies the minimum Walrasian equilibrium prices and where truthful preference revelation constitutes an equilibrium. Even though these auction formats share many theoretical properties, there are behavioral aspects that...

Persistent link: https://www.econbiz.de/10013208562

Sex hormones and competitive bidding

Schipper, Burkhard C. - 2014

We correlate competitive bidding and profits in symmetric independent private value first-price auctions with salivary … profits in the auctions except for a small positive response of the stress hormone cortisol in males. …

Persistent link: https://www.econbiz.de/10010507619

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

Pearson, Matthew; Schipper, Burkhard C. - 2011

In an experiment using two-bidder first-price sealed bid auctions with symmetric independent private values and 400 …

Persistent link: https://www.econbiz.de/10010282098

Sex hormones and competitive bidding

Schipper, Burkhard C. - 2012

We correlate competitive bidding and profits in symmetric independent private value first-price auctions with salivary …

Persistent link: https://www.econbiz.de/10010288481

Some Causes are More Equal than Others? Behavioral Spillovers in Charitable Giving

Ek, Claes - 2015

People can often contribute to prosocial causes by several means; for instance, environmentally friendly activities include sorting household waste, buying organic products, and donating to NGOs. Policy to encourage prosocial behavior is sometimes directed only towards a particular activity,...

Persistent link: https://www.econbiz.de/10013208738

Do non-strategic sanctions obey the law of demand? The demand for punishment in the voluntary contribution mechanism

Anderson, Christopher M.; Putterman, Louis - 2003

The prospect of receiving a monetary sanction for free riding has been shown to increase contributions to public goods. We ask whether the impulse to punish is unresponsive to the cost to the punisher, or whether, like other preferences, it interacts with prices to generate a conventional demand...

Persistent link: https://www.econbiz.de/10010318879

Not just babble: A voluntary contribution experiment with iterative numerical messages

Bochet, Olivier; Putterman, Louis - 2004

When subjects can make non-binding announcements of possible contributions to a public good numerically, there is no effect on average level of contributions in a public goods experiment relative to play without announcements. But a detailed analysis of this experiment shows that pre-play...

Persistent link: https://www.econbiz.de/10010318891

Cooperation under the threat of expulsion in a public goods experiment

Cinyabuguma, Matthias; Page, Talbot; Putterman, Louis - 2004

In a public goods experiment with the opportunity to vote to expel members of a group, we found that contributions rose to nearly 100% of endowments with significantly higher efficiency compared with a noexpulsion baseline. Expulsions were strictly of the lowest contributors, and there was an...

Persistent link: https://www.econbiz.de/10010318911

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