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...
Autores Principales: | , |
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Formato: | Artículo (Article) |
Lenguaje: | Inglés (English) |
Publicado: |
Springer Nature
2017
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Materias: | |
Acceso en línea: | https://repository.urosario.edu.co/handle/10336/26390 https://doi.org/10.1007/s10683-017-9558-8 |