Showing 1 - 10 of 1,754
Persistent link: https://www.econbiz.de/10011868243
This paper presents new nonparametric identification results for ascending auctions with independent private values. The standard identification approach is infeasible in the motivating setting, because absentee bidding conceals the number of bidders. I exploit insights from the statistics...
Persistent link: https://www.econbiz.de/10014096161
In this paper we use an experiment to compare a theory of risk aversion and a theory of spite as an explanation for …
Persistent link: https://www.econbiz.de/10012002983
experiment, we compare four different second-price auction formats for procuring a good. The four formats are a sealed …
Persistent link: https://www.econbiz.de/10012150725
We investigate effects of tax reporting institutions on evasion and incidence using an experimental double auction market setting. We find that 28% of the sellers are truthful when only sellers report, but that 88% and 64% of them are truthful under costless and costly third-party reporting by...
Persistent link: https://www.econbiz.de/10013255892
price or all-pay raises the most money. Our experiment suggests that both the all-pay and second price formats are dominated …
Persistent link: https://www.econbiz.de/10010271934
In a door-to-door fundraising field experiment, we study the impact of fundraising mechanisms on charitable giving. We …, it raised the lowest revenue per household in the field. Our experiment reveals two potential explanations for this …
Persistent link: https://www.econbiz.de/10014183253
This paper uses data from a natural experiment to compare two institutions: a simple English auction and bilateral …
Persistent link: https://www.econbiz.de/10014053617
This chapter surveys the rapidly growing literature in which risk preferences are measured and manipulated in laboratory and field experiments. The most commonly used measurement instruments are: an investment task for allocations between a safe and risky asset, a choice menu task for eliciting...
Persistent link: https://www.econbiz.de/10014025528
We conducted 80 auctions on eBay. Forty of these auctions were for various popular music CDs while the remaining 40 auctions were for video games for Microsoft's Xbox gaming console. The revenue equivalence theorem states that any auction form having the same effective reserve price yields the...
Persistent link: https://www.econbiz.de/10014028417