Bidding ‘as if’ risk neutral in experimental first price auctions without information feedback
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More about this item
KeywordsExperimental economics; First-price sealed-bid auctions; Independent private value model; Bidding theory; Risk aversion; Learning; C12; C13; C72; C92; D44;
- C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
- C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
- D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
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