Does the absence of human sellers bias bidding behavior in auction experiments?
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DOI: 10.1007/s40881-017-0037-y
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- Björn Bartling & Tobias Gesche & Nick Netzer, 2016. "Does the absence of human sellers bias bidding behavior in auction experiments?," ECON - Working Papers 225, Department of Economics - University of Zurich.
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- Oliver Kirchkamp & Wladislaw Mill, 2019. "Spite vs. risk: explaining overbidding," CESifo Working Paper Series 7631, CESifo.
- Mill, Wladislaw, 2017. "The spite motive in third price auctions," Economics Letters, Elsevier, vol. 161(C), pages 71-73.
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More about this item
Keywords
Second-price auction; Spite; Overbidding; Lab experiments; External validity;All these keywords.
JEL classification:
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
- D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
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