Depositario, Dinah Pura T.; Nayga Jr., Rodolfo M.; Wu, … - In: Economics Letters 102 (2009) 2, pp. 122-124
We examine the bidding behavior of students and non-students in experimental auctions by comparing their willingness to pay (WTP) values for a good. Our results suggest that there is no significant difference between the WTP bids of the two groups.