Buchanan, Joy A.; Gjerstad, Steven; Porter, David - Economic Science Institute (ESI), Argyros School of … - 2012
This study compares bidding behavior in a multi-unit uniform-price descending price (Dutch) auction under four different information conditions. Bidders are either informed of the number of bidders in the auction, or know that it is one of two possible sizes; they also either know the number of...