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Does a promise script work to reduce the hypothetical bias? : evidence from an induced value experiment
Qin, Botao - 2020
. Using an induced value experiment in China with a random nth-price auction, the author finds: 1) Hypothetical bias exists in …This paper explores whether a truth-telling promise can work to reduce the hypothetical bias in preference elicitation … a random nth-price auction with induced values and making a truth-telling promise can reduce the hypothetical bias. 2 …
Persistent link: https://www.econbiz.de/10012209713
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Are strategies anchored?
Ivanova-Stenzel, Radosveta; Seres, Gyula - 2019
in strategic settings. This article studies the role of anchoring bias in private-value auctions. We test experimentally …
Persistent link: https://www.econbiz.de/10012138992
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Examining projection bias in experimental auctions : the role of hunger and immediate gratification
Briz, Teresa; Drichoutis, Andreas C.; House, Lisa - In: Agricultural and Food Economics : AFE 3 (2015), pp. 1-17
The relevance of projection bias in decision making processes has been widely studied, but not specifically in … experimental auctions. We study the role of projection bias in experimental auctions by examining the bidding behavior of hungry …
Persistent link: https://www.econbiz.de/10011384188
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Cognitive biases and design effects in experimental auctions : an application to GM rice with health benefits
Steur, Hans de; Vanhonacker, Filiep; Feng, Shuyi; Shi, … - In: China agricultural economic review : publ. in … 6 (2014) 3, pp. 413-432
Persistent link: https://www.econbiz.de/10011339620
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Understanding hypothetical bias : an enhanced meta-analysis
Penn, Jerrod M.; Hu, Wuyang - In: American journal of agricultural economics 100 (2018) 4, pp. 1186-1206
Persistent link: https://www.econbiz.de/10011959874
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Does a promise script work to reduce the hypothetical bias? : evidence from an induced value experiment
Qin, Botao - 2019
. Using an induced value experiment in China with a random nthprice auction, the author finds: 1) Hypothetical bias exists in …This paper explores whether a truth-telling promise can work to reduce the hypothetical bias in preference elicitation … a random nth-price auction with induced values and making a truth-telling promise can reduce the hypothetical bias. 2 …
Persistent link: https://www.econbiz.de/10012015708
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Will procurement officials be biased to disregard procurement rules in favor of a low-priced, Albeit defective, bid?
Dekel, Omer; Dotan, Yoav - In: Review of law and economics : publ. in cooperation with … 14 (2018) 2, pp. 1-30
Persistent link: https://www.econbiz.de/10011929014
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Preference elicitation under oath
Jacquemet, Nicolas; Joule, Robert-Vincent; Luchini, … - In: Journal of environmental economics and management : … 65 (2013) 1, pp. 110-132
Persistent link: https://www.econbiz.de/10009709326
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Feedback mechanisms, judgment bias, and trust formation in online auctions
Wolf, James R.; Muhanna, Waleed A. - In: Decision sciences : DS 42 (2011) 1, pp. 43-68
Persistent link: https://www.econbiz.de/10008935685
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Behavioral Biases in Auctions : An Experimental Study
Dodonova, Anna - 2010
This paper investigates implications of some of the well-known behavioral biases of bidders' behavior in different types of auctions. It presents the results of an experimental study that tests the endowment hypothesis for English auctions and regret aversion hypothesis for first-price...
Persistent link: https://www.econbiz.de/10013144955