Hu, Youxin; Kagel, John; Xu, Xiaoshu; Ye, Lixin - Volkswirtschaftliche Fakultät, … - 2012
value. In a first-price sealed-bid auction incentives for free riding and aggressive bidding coexist, limiting free riding …. We find substantial, though incomplete, free riding in the clock auction. In first-price auctions, regular bidders bid …