Data/hora: 02/06/2024 02:41:53

Provedor de dados: 	31	
País: 	United States	
Título: 	Implementing the Efficient Auction: Initial Results from the Lab	
Autores: 	Margolis,   Michael; Shogren,   Jason F.	
Data: 	2005-10-26	
Ano: 	2003	
Palavras-chave: 	Auction; Affiliation; Experiments; Valuation; Financial Economics; C9; D44.	
Resumo: 	The efficient auction is designed to induce truthful bidding for bidders with affiliated values. Herein we implement the auction in the lab, and observe that inexperienced people can bid systematically in this more complex environment, albeit yielding a flatter bid function than the truthful one.	
Tipo: 	Working or Discussion Paper	
Idioma: 	Inglês	
Identificador: 	18646

http://purl.umn.edu/10733	
Editor: 	AgEcon Search	
Relação: 	Resources for the Future&gt;Discussion Papers

Discussion Paper 03-63	
Formato: 	27

application/pdf