Offerman, Theo; Romagnoli, Giorgia; Ziegler, Andreas - In: Quantitative economics : QE ; journal of the … 13 (2022) 2, pp. 787-823
The popularity of open ascending auctions is often attributed to the fact that openly observable bidding allows to aggregate dispersed information. Another reason behind the frequent utilization of open auction formats may be that they activate revenue enhancing biases. In an experiment, we...
