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trade. Those auctions come in a variety of different formats, such as the Buy-It-Now auction format on eBay, that allows … sellers to post prices at which buyers can purchase a good prior to the auction. Even though, buyer behavior is well studied … auction market (the eBay platform and eBay traders) with the techniques of lab experiments. We find a striking link between …
Persistent link: https://www.econbiz.de/10003935655
approached about 4500 households, each participating in either an all-pay auction, a lottery, a non-anonymous voluntary … contribution mechanism (VCM), or an anonymous VCM. In contrast to the VCMs, households competed for a prize in the all-pay auction … and the lottery. Although the all-pay auction is the superior fundraising mechanism both in theory and in the laboratory …
Persistent link: https://www.econbiz.de/10011386444
In a field experiment, we study the revenue-generating properties of premium auctions. In a premium auction, the runner … that the relative performance of premium auctions compared to standard auction formats is context-specific. In the … experiment, we compare two types of premium auctions with the standard Vickrey auction selling high-quality, limited …
Persistent link: https://www.econbiz.de/10011602712
Based on data for more than 2,400 citizens in Japan, this paper empirically examines the effect of climate-related identity in private and organizational contexts on revealed climate protec-tion activities, measured through incentivized donations. To identify causal effects, we include the...
Persistent link: https://www.econbiz.de/10013337354
price. Using two diverse auction sites, one in New York and one in Texas, we find that buyer and seller behavior differs …
Persistent link: https://www.econbiz.de/10012960800
Pre-College human capital investment occurs within a competitive environment and depends on market incentives created by Affirmative Action (AA) in college admissions. These policies affect mechanisms for rank-order allocation of college seats, and alter the relative competition between blacks...
Persistent link: https://www.econbiz.de/10011333063
auctions were for video games for Microsoft's Xbox gaming console. The revenue equivalence theorem states that any auction form … to the auction or revenues as a function of how the effective reserve is allocated between opening bid and shipping …
Persistent link: https://www.econbiz.de/10014028417
Laboratory experiments are a widely used methodology for advancing causal knowledge in the physical and life sciences. With the exception of psychology, the adoption of laboratory experiments has been much slower in the social sciences, although during the last two decades, the use of lab...
Persistent link: https://www.econbiz.de/10003899889
Laboratory experiments are a widely used methodology for advancing causal knowledge in the physical and life sciences. With the exception of psychology, the adoption of laboratory experiments has been much slower in the social sciences, although during the last two decades, the use of lab...
Persistent link: https://www.econbiz.de/10003909477
Laboratory experiments are a widely used methodology for advancing causal knowledge in the physical and life sciences. With the exception of psychology, the adoption of laboratory experiments has been much slower in the social sciences, although during the last two decades, the use of lab...
Persistent link: https://www.econbiz.de/10003923537