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The Selten school of behavioral economics : a collection of essays in honor of Reinhard Selten

Ockenfels, Axel (contributor); Selten, Reinhard (honouree) - 2010 - 1. ed.

Persistent link: https://www.econbiz.de/10008657514

Learning direction theory and the winners curse

Selten, Reinhard; Abbink, Klaus; Cox, Ricarda - 2001

We report an experiment on a decision task by SAMUELSON and BAZERMAN (1985). Subjects submit a bid for an item with an …

Persistent link: https://www.econbiz.de/10011539130

Impulse balance in the newsvendor game

Ockenfels, Axel; Selten, Reinhard - In: Games and economic behavior 86 (2014), pp. 237-247

Persistent link: https://www.econbiz.de/10011304982

The behavioural approach to the strategic analysis of spectrum auctions : the case of the German DCS-1800 auction

Abbink, Klaus; Irlenbusch, Bernd; Rockenbach, Bettina; … - In: IFO-Studien : Zeitschrift für empirische … 48 (2002) 3, pp. 457-480

The behavioural approach can be applied to both the design of an auction as well as to the implementation of a bidding strategy. This paper reports a case study in which we assisted a bidder in the German DCS1800 auction in the preparation for its bidding. We describe the various steps on this...

Persistent link: https://www.econbiz.de/10001714776