Serizawa, Shigehiro; Shimada, Natsumi; Tse, Tiffany Tsz Kwan - 2024
This study explores two key factors influencing subjects' deviation from domi- nant bidding in Vickrey auction experiments. The first factor examines subjects' understanding of strategy-proofness (SP), while the second focuses on "human interaction" which includes social preferences (spite and...