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Bid pooling in reverse multi-unit Dutch auctions : an experimental investigation

Gillen, Philippe; Rasch, Alexander; Wambach, Achim; … - In: Theory and decision : an international journal for … 81 (2016) 4, pp. 511-534

Persistent link: https://www.econbiz.de/10011594130

The loser's bliss in auctions with price externality

Haruvy, Ernan; Popkowski Leszczyc, Peter T. L. - In: Games 6 (2015) 3, pp. 191-213

We consider auctions with price externality where all bidders derive utility from the winning price, such as charity auctions. In addition to the benefit to the winning bidder, all bidders obtain a benefit that is increasing in the winning price. Theory makes two predictions in such settings:...

Persistent link: https://www.econbiz.de/10011316603

Spite vs. risk : explaining overbidding

Kirchkamp, Oliver; Mill, Wladislaw - 2019

overbidding in auctions. As a workhorse we use the second-price all-pay and the first-price winner-pay auction. Both risk and …In this paper we use an experiment to compare a theory of risk aversion and a theory of spite as an explanation for …. Indeed, we find that spite is a more convincing explanation for bidding behavior for the second-price all-pay auction. Not …

Persistent link: https://www.econbiz.de/10012002983

Overbidding and heterogeneous behavior in contest experiments : a comment on the endowment effect

Chowdhury, Subhasish M.; Moffatt, Peter G. - In: Journal of economic surveys 31 (2017) 2, pp. 572-576

Persistent link: https://www.econbiz.de/10011757565

Overbidding and heterogeneous behavior in contest experiments : a meta-comment on cross-cultural differences

Chowdhury, Subhasish M.; Marini, Matteo M. - In: Journal of behavioral and experimental economics 110 (2024), pp. 1-5

Persistent link: https://www.econbiz.de/10014549502

Overbidding in electronic auctions : factors influencing the propensity to overbid and the magnitude of overbidding

Feng, Cong; Fay, Scott; Sivakumar, K. - In: Journal of the Academy of Marketing Science 44 (2016) 2, pp. 241-260

Persistent link: https://www.econbiz.de/10011453228

Does the absence of human sellers bias bidding behavior in auction experiments?

Bartling, Björn; Gesche, Tobias; Netzer, Nick - 2016

second-price auctions. Overbidding is a robust finding in second- price auctions, and spite among bidders has been advanced … as an explanation. If spite extends to the seller, then the absence of human sellers who receive the auction revenue may … where bidders have preferences regarding both, the payoffs of other bidders and the seller's revenue. Overbidding is optimal …

Persistent link: https://www.econbiz.de/10011456510

Lowest-Unmatched Price Auctions

Eichberger, Jürgen; Vinogradov, Dmitri V. - In: International journal of industrial organization 43 (2015), pp. 1-17

Persistent link: https://www.econbiz.de/10011488600

Spite vs. risk : explaining overbidding in the second-price all-pay auction : a theoretical and experimental investigation

Kirchkamp, Oliver; Mill, Wladislaw - In: Games and economic behavior 130 (2021), pp. 616-635

Persistent link: https://www.econbiz.de/10012820384

The spite motive in third price auctions

Mill, Wladislaw - In: Economics letters 161 (2017), pp. 71-73

Persistent link: https://www.econbiz.de/10011903970

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