Banerjee, Priyodorshi; Khare, Shashwat; Srikant, P. - In: Games 9 (2018) 4/79, pp. 1-16
We analyze choices of sellers, each setting a reserve price in a laboratory first price auction with automated equilibrium bidding. Subjects are allowed to gain experience for a fixed period of time prior to making a single payoff-relevant choice. Behavior of more experienced sellers was...