Fehr, Dietmar; Hakimov, Rustamdjan; Kübler, Dorothea - Abteilung "Verhalten auf Märkten", … - 2015
We report on experiments to replicate Plott and Zeiler's (2005) findings that the WTP-WTA gap disappears when using procedures that are aimed at reducing misunderstandings, such as training rounds for the BDM mechanism. Following the design by Plott and Zeiler (2005) and Isoni, Loomes, and...