Showing 1 - 10 of 1,980
more quickly increases one's WTP in an auction. Evidence from five experiments demonstrates this effect and pinpoints the … bidding behavior (1) is serially mediated by the perception that the auction is more intensely competitive and by a greater … desire to win, (2) is distinct from the effects of time pressure and of the auction's duration or overall rate of progression …
Persistent link: https://www.econbiz.de/10012907025
We contribute to the literature on the optimal design of auction mechanisms for the procurement of nature conservation …
Persistent link: https://www.econbiz.de/10012907680
We contribute to the literature on the optimal design of auction mechanisms for the procurement of nature conservation …
Persistent link: https://www.econbiz.de/10011932593
' WTP using a non-hypothetical experimental auction for 'blood orange' [known as Arancia Rossa di Sicilia PGI (Protected …
Persistent link: https://www.econbiz.de/10015053891
Persistent link: https://www.econbiz.de/10011803874
use of repeated rounds with price feedback has become standard practice in the applied experimental auction valuation … literature.We conducted two experiments to determine how rationally subjects behave with and without price feedback in a second …-price auction. Results from an auction for lotteries show that subjects exposed to price feedback are significantly more likely to …
Persistent link: https://www.econbiz.de/10013052369
. Using an induced value experiment in China with a random nthprice auction, the author finds: 1) Hypothetical bias exists in … a random nth-price auction with induced values and making a truth-telling promise can reduce the hypothetical bias. 2 …
Persistent link: https://www.econbiz.de/10012015708
. Using an induced value experiment in China with a random nth-price auction, the author finds: 1) Hypothetical bias exists in … a random nth-price auction with induced values and making a truth-telling promise can reduce the hypothetical bias. 2 …
Persistent link: https://www.econbiz.de/10012209713
This paper investigates mechanisms for the private provision of a public good which utilize competition to incentivize contributions. Theory predicts that 'all-pay' competition is particularly effective for fundraising. Within this class of mechanisms different types of lotteries and all-pay...
Persistent link: https://www.econbiz.de/10010277471
crowdinvesting portals, Innovestment is running a multiunit sealed bid second price auction where backers can specify the price they … unique auction mechanism to analyze backers' willingness to pay for cash flow rights in a startup company. We find that … end of an auction. Our findings indicate that portal design and self-regulation might well trump government rules in the …
Persistent link: https://www.econbiz.de/10011287569