Auctions with endogenous participation and an uncertain number of bidders: experimental evidence

Attracting bidders to an auction is a key factor in determining revenue. We experimentally investigate entry and bidding behavior in first-price and English clock auctions to determine the revenue implications of entry. Potential bidders observe their value and then decide whether or not to incur a...

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Detalles Bibliográficos
Autores Principales: Aycinena, Diego, Rentschler,Lucas
Formato: Artículo (Article)
Lenguaje:Inglés (English)
Publicado: Springer Nature 2017
Acceso en línea: