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and services. Experimental auctions are a promising method for acquiring such information considering that they are … conduct these with a representative sample. While most research on experimental auctions relies on laboratory experiments with … students as participants, more recently, experimental auctions in the field have become increasingly important. In this paper …
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We use two experimental valuation methods to estimate consumer demand for genetically modified golden rice. The first is an open-ended choice experiment (OECE) where participants name the quantities of golden rice and conventional rice demanded at each of several price combinations, one of which...
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This paper provides a systematic analysis of individual attitudes towards ambiguity, based on laboratory experiments. The design of the analysis allows to capture individual behavior across various levels of ambiguity, ranging from low to high. Attitudes towards risk and attitudes towards...
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