Drichoutis, Andreas; Nayga, Rodolfo; Lazaridis, Panagiotis - Volkswirtschaftliche Fakultät, … - 2010
In repeated second-price experimental auctions, the winning bid is normally posted after each round. The posting of these winning prices after each round can result in bids submitted in later rounds to be interdependent with posted prices from earlier rounds. Several approaches in the past have...