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We correlate competitive bidding and profits in symmetric independent private value first-price auctions with salivary testosterone, estradiol, progesterone, and cortisol in more than 200 subjects. Bids are significantly positively correlated and profits are significantly negatively correlated...
Persistent link: https://www.econbiz.de/10010250541
auction market affects the bidding behavior of inexperienced bidders, and gender plays an important role: Inexperienced males …
Persistent link: https://www.econbiz.de/10014224544
with salivary progesterone when controlling for gender, the use of hormonal contraceptives, and demographics. This also … ; Gender ; Competition ; Aggression ; Dominance ; Risk-taking ; Endocrinological economics …
Persistent link: https://www.econbiz.de/10009544159
In an experiment using two-bidder first-price sealed bid auctions with symmetric independent private values, we … ; menstrual cycle ; gender ; likelihood of conception ; first price auction ; risk behavior ; competition ; bidding …
Persistent link: https://www.econbiz.de/10003878997
significant gender differences in earnings, the difference between prizes and bids. Our results suggest that the strong gender …
Persistent link: https://www.econbiz.de/10012830924
menus. Applications involve using inferred risk preferences to document demographic effects, e.g. gender, and to explain the …
Persistent link: https://www.econbiz.de/10014025528
We investigate gender differences and menstrual cycle effects in first-price and second-price sealed-bid auctions with … men do in the first-price auction, while we find no evidence of a gender difference in bidding or earnings in the second …-price auction. Focusing on the first-price auction, we find that, while the gender gap in bidding and earnings persists over the …
Persistent link: https://www.econbiz.de/10013116712
countries, paintings by female artists sell at an unconditional discount of 42.1%. The gender discount increases with measures … of country-level gender inequality — even in artist fixed effects regressions. Our results are robust to accounting for … potential gender differences in art characteristics and their liquidity. Evidence from two experiments supports the argument …
Persistent link: https://www.econbiz.de/10012520374
We report results from experimental first-price, sealed-bid, all-pay auctions for a good with a common and known value. We observe bidding strategies in groups of two and three bidders and under two extreme information conditions. As predicted by the Nash equilibrium, subjects use mixed...
Persistent link: https://www.econbiz.de/10010240829
This paper analyzes the trade of an indivisible good within a two-stage mechanism, where a seller first negotiates with one potential buyer about the price of the good. If the negotiation fails to produce a sale, a second 'price sealed' bid auction with an additional buyer is conducted. The...
Persistent link: https://www.econbiz.de/10010365906