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Nishimura, Naoko; Cason, Timothy N.; Saijō, Tatsuyoshi; … - In: Games 2 (2011) 3, pp. 365-411

overbid more than higher value bidders, and they overbid more frequently in the second price auction than in the ascending … price auction. Overall, the lower value bidder submits bids that exceed value about half the time. These patterns are not …

Persistent link: https://www.econbiz.de/10009752417

An externality-robust auction : theory and experimental evidence

Bartling, Björn; Netzer, Nick - 2014 - This version: April 2014

(ERA) is a first-price auction in which truthful bidding is encouraged by bonus payments. We test the robustness property …An auction is externality-robust if unilateral deviations from equilibrium leave the other bidders' payoffs unaffected … externalities due to spiteful preferences, which have been used to explain overbidding in the second-price auction (SPA). Another …

Persistent link: https://www.econbiz.de/10010360336

Expectation formation in an evolving game of uncertainty : new experimental evidence

Foster, Gigi; Frijters, Paul; Schaffner, Markus; … - In: Journal of economic behavior & organization : JEBO 154 (2018), pp. 379-405

Persistent link: https://www.econbiz.de/10011986856

A gift-exchange with probabilistic payoffs

Luzuriaga, Miguel; Kunze, Oliver - In: International journal of applied behavioral economics : … 6 (2017) 4, pp. 1-18

Persistent link: https://www.econbiz.de/10011820526

Expectations do not affect punishment

Coffman, Lucas C. - In: Journal of the Economic Science Association : a … 5 (2019) 2, pp. 182-196

Persistent link: https://www.econbiz.de/10012163410

Are reference points merely lagged beliefs over probabilities?

Heffetz, Ori - In: Journal of economic behavior & organization : JEBO 181 (2021), pp. 252-269

Persistent link: https://www.econbiz.de/10012597933

My reference point, not yours

Buchanan, Joy A. - In: Journal of economic behavior & organization : JEBO 171 (2020), pp. 297-311

Persistent link: https://www.econbiz.de/10012288033

The power of sunspots : an experimental analysis

Fehr, Dietmar; Heinemann, Frank; Llorente-Saguer, Aniol - In: Journal of monetary economics 103 (2019), pp. 123-136

Persistent link: https://www.econbiz.de/10012265092

Chapter 2. On the Numerical Solution of Equilibria in Auction Models with Asymmetries within the Private-Values Paradigm

Hubbard, Timothy P.; Paarsch, Harry J. - In: Handbook of computational economics : volume 3, (pp. 37-115). 2014

We describe and compare numerical methods used to approximate equilibrium bid functions in models of auctions as games of incomplete information. In such games, private values are modeled as draws from bidder-specific type distributions and pay-your-bid rules are used to determine transactions...

Persistent link: https://www.econbiz.de/10014025720

Loss aversion and competition in Vickrey auctions : money ain't no good

Rosato, Antonio; Tymula, Agnieszka - In: Games and economic behavior 115 (2019), pp. 188-208

Persistent link: https://www.econbiz.de/10012175483