In this paper we introduce a new type of experiment that combines the advantages of lab and field experiments. The … traders' experience in a real market environment influences their behavior in the lab and whether abstract lab experiments …

We experimentally study the role of reputation in procurement using two common mechanisms: price-based and buyer … buyer-determined auctions. Only in the latter buyers can consider the reputation of bidders. We find that bidders supply …In dieser experimentellen Studie untersuchen wir die Rolle von Reputation in der Beschaffung mit Hilfe von zwei …

We experimentally study the role of reputation in procurement using two common mechanisms: price-based and buyer … buyer-determined auctions. Only in the latter buyers can consider the reputation of bidders. We find that bidders supply … price-based procurement ; reputation information ; auction choice ; experimental economics …

We experimentally study the role of reputation in procurement using two common mechanisms: price-based and buyer … buyer-determined auctions. Only in the latter buyers can consider the reputation of bidders. We find that bidders supply …