Dutch vs. first-price auctions with expectations-based loss-averse bidders
Year of publication: |
2022
|
---|---|
Authors: | Balzer, Benjamin ; Rosato, Antonio ; Wangenheim, Jonas von |
Published in: |
Journal of economic theory. - Amsterdam : Elsevier, ISSN 0022-0531, ZDB-ID 410539-4. - Vol. 205.2022, p. 1-32
|
Subject: | Dutch auctions | Loss aversion | Personal equilibrium | Revenue equivalence | Auktionstheorie | Auction theory | Risikoaversion | Risk aversion | Niederlande | Netherlands | Gleichgewichtsmodell | Equilibrium model | Einnahmen | Revenue | Auktion | Auction | Nash-Gleichgewicht | Nash equilibrium |
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