Li, Yingzi; Gallardo, R. Karina; McCracken, Vicki; Yue, … - Agricultural and Applied Economics Association - AAEA - 2014
This study investigates the effect of the revelation of posted bids in second-price experimental auctions for apple … revelation of posted bids does not bias the following bids and that increased information about the apple increases the accuracy … the apple attributes of interest in this study. Consumers are found to prefer large, firm, sweet, crisp and less defects …