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Bidding ‘as if’ risk neutral in experimental first price auctions without information feedback Author info | Abstract | Publisher info | Download info | Related research | Statistics Tibor Neugebauer ()
Javier Perote
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Article provided by Springer in its journal Experimental Economics .
Volume (Year): 11 (2008)
Issue (Month): 2 (June)
Pages: 190-202
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Handle: RePEc:kap:expeco:v:11:y:2008:i:2:p:190-202Contact details of provider: Web page: http://www.springerlink.com/link.asp?id=102888
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Keywords: Experimental economics ; First-price sealed-bid auctions ; Independent private value model ; Bidding theory ; Risk aversion ; Learning ; C12 ; C13 ; C72 ; C92 ; D44 ; Other versions of this item:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Reinhard Selten & Klaus Abbink & Ricarda Cox, 2005.
"Learning Direction Theory and the Winner’s Curse ,"
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Richard Engelbrecht-Wiggans & Elena Katok, 2007.
"Regret in auctions: theory and evidence ,"
Economic Theory ,
Springer, vol. 33(1), pages 81-101, October.
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Olivier Armantier & Nicolas Treich, 2006.
"Overbidding in Independant Private-Values Auctions and Misperception of Probabilities ,"
CIRANO Working Papers
2006s-15, CIRANO.
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Dyer, Douglas & Kagel, John H & Levin, Dan, 1989.
"A Comparison of Naive and Experienced Bidders in Common Value Offer Auctions: A Laboratory Analysis ,"
Economic Journal ,
Royal Economic Society, vol. 99(394), pages 108-15, March.
[Downloadable!] (restricted)
Other versions: Isaac, R. Mark & Walker, James M., 1985.
"Information and conspiracy in sealed bid auctions ,"
Journal of Economic Behavior & Organization ,
Elsevier, vol. 6(2), pages 139-159, June.
[Downloadable!] (restricted)
Robert Dorsey & Laura Razzolini, 2003.
"Explaining Overbidding in First Price Auctions Using Controlled Lotteries ,"
Experimental Economics ,
Springer, vol. 6(2), pages 123-140, October.
[Downloadable!] (restricted)
Friedman, Daniel, 1992.
"Theory and Misbehavior of First-Price Auctions: Comment ,"
American Economic Review ,
American Economic Association, vol. 82(5), pages 1374-78, December.
[Downloadable!] (restricted)
Kagel, John H & Harstad, Ronald M & Levin, Dan, 1987.
"Information Impact and Allocation Rules in Auctions with Affiliated Private Values: A Laboratory Study ,"
Econometrica ,
Econometric Society, vol. 55(6), pages 1275-1304, November.
[Downloadable!] (restricted)
Tibor Neugebauer, 2005.
"Bidding Strategies Of Sequential First Price Auctions Programmed By Experienced Bidders ,"
Experimental
0503007, EconWPA.
[Downloadable!]
Walker, James M. & Smith, Vernon L. & Cox, James C., 1987.
"Bidding behavior in first price sealed bid auctions : Use of computerized Nash competitors ,"
Economics Letters ,
Elsevier, vol. 23(3), pages 239-244.
[Downloadable!] (restricted)
Kagel, John H & Roth, Alvin E, 1992.
"Theory and Misbehavior in First-Price Auctions: Comment ,"
American Economic Review ,
American Economic Association, vol. 82(5), pages 1379-91, December.
[Downloadable!] (restricted)
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