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Cross-game learning and cognitive ability in auctions
Giebe, Thomas; Ivanova-Stenzel, Radosveta; Kocher, Martin; … - 2021
Overbidding in second-price auctions (SPAs) has been shown to be persistent and associated with cognitive ability. We study experimentally to what extent cross-game learning can reduce overbidding in SPAs, taking into account cognitive skills. Employing an order-balanced design, we use...
Persistent link: https://www.econbiz.de/10012668312
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Do traders learn to select efficient market institutions?
Alós-Ferrer, Carlos; Buckenmaier, Johannes; … - 2020
conducted an experiment where traders could decide to trade either in an (efficient) double-auction institution or in a posted …
Persistent link: https://www.econbiz.de/10012292129
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Cross-game learning and cognitive ability in auctions
Giebe, Thomas; Ivanova-Stenzel, Radosveta; Kocher, Martin; … - 2022
Overbidding in sealed-bid second-price auctions (SPAs) has been shown to be persistent and associated with cognitive ability. We study experimentally to what extent cross-game learning can reduce overbidding in SPAs, taking into account cognitive skills. Employing an order-balanced design, we...
Persistent link: https://www.econbiz.de/10014476711
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What price coordination? : The efficiency-enhancing effect of auctioning the right to play
Crawford, Vincent P.; Broseta, Bruno - 1997 - Rev
Persistent link: https://www.econbiz.de/10000958474
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Learning by investing : evidence from a naturally occurring auction
Hanousek, Jan; Kočenda, Evžen - In: The economics of transition 19 (2011) 1, pp. 125-149
Persistent link: https://www.econbiz.de/10008909055
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Stability of risk preference parameter estimates within the Becker-DeGroot-Marschak procedure
James, Duncan - In: Experimental economics : a journal of the Economic … 10 (2007) 2, pp. 123-141
Persistent link: https://www.econbiz.de/10003608150
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Loss aversion and learning to bid
Dittrich, Dennis A. V.; Güth, Werner; Kocher, Martin; … - 2005
Persistent link: https://www.econbiz.de/10002596541
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Double auction equilibrium and efficiency in a classroom experimental search market
Attanasi, Giuseppe; Centorrino, Samuele; Moscati, Ivan - 2010
Persistent link: https://www.econbiz.de/10009578520
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Efficiency of continuous double auctions under individual evolutionary learning with full or limited information
Anufriev, Mikhail; Arifovic, Jasmina; Ledyard, John O.; … - In: Journal of evolutionary economics : JEE 23 (2013) 3, pp. 539-573
Persistent link: https://www.econbiz.de/10009773929
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Markets as a structural solution to knowledge-sharing dilemmas
Maciejovsky, Boris; Budescu, David V. - In: Organizational behavior and human decision processes : … 120 (2013) 2, pp. 154-167
Persistent link: https://www.econbiz.de/10009724622