Showing 1 - 10 of 1,526
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
The anomaly is concerned with the observation that in multiple-item auctions of identical objects, prices tend to decline over time. I show that in the case of wine auctions, which have been analyzed frequently, the anomaly is likely to be caused by the fact that most bids are entered by...
Persistent link: https://www.econbiz.de/10014208628
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
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
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
field experiment designed to mimic important aspects of competitive investment prior to the college market. We pay students …
Persistent link: https://www.econbiz.de/10011333063
Least-Unmatched Price Auctions have become a popular format of TV and radio shows. Increasingly, they are also applied in internet trading. In these auctions the lowest single (unique) bid wins. We analyze the game-theoretic solution of least unmatched price auctions when prize, bidding cost and...
Persistent link: https://www.econbiz.de/10003747367
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/10011386444