When the Economics of a Decision Matters More than the Psychology of the Decision: Understanding the Economic Significance of Auction Fever
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References listed on IDEAS
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More about this item
KeywordsAuction Fever; Bidder’s Curse; Economic Significance; English Auction; Overbidding; Penny Auction; Statistical Significance;
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2013-06-24 (All new papers)
- NEP-CBE-2013-06-24 (Cognitive & Behavioural Economics)
- NEP-CDM-2013-06-24 (Collective Decision-Making)
- NEP-EXP-2013-06-24 (Experimental Economics)
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