Behavioral biases in auctions: an experimental study
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References listed on IDEAS
- Kahneman, Daniel & Tversky, Amos, 1979.
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- Amos Tversky & Daniel Kahneman, 1979. "Prospect Theory: An Analysis of Decision under Risk," Levine's Working Paper Archive 7656, David K. Levine.
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- Richard Engelbrecht-Wiggans, 1989. "The Effect of Regret on Optimal Bidding in Auctions," Management Science, INFORMS, vol. 35(6), pages 685-692, June.
CitationsCitations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
- Martín Jorge Egozcue, 2012. "Gains from diversification: a regret theory approach," Economics Bulletin, AccessEcon, vol. 32(1), pages 204-219.
- Nicola Lacetera & Bradley J. Larsen & Devin G. Pope & Justin R. Sydnor, 2016.
"Bid Takers or Market Makers? The Effect of Auctioneers on Auction Outcome,"
American Economic Journal: Microeconomics,
American Economic Association, vol. 8(4), pages 195-229, November.
- Nicola Lacetera & Bradley J. Larsen & Devin G. Pope & Justin R. Sydnor, 2013. "Bid Takers or Market Makers? The Effect of Auctioneers on Auction Outcomes," NBER Working Papers 19731, National Bureau of Economic Research, Inc.
More about this item
Keywordsauction; regret; endowment effect; loss aversion; behavioral economics;
- D4 - Microeconomics - - Market Structure, Pricing, and Design
- C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
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