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Design implications of real-time feedback in continuous combinatorial auctions: an experimental investigation.

Sanyal, Pallab - 2009

Information Technology (IT) has spawned the growth of novel and innovative market mechanisms (such as online auctions … the economic properties of the mechanism but also its user perceptions. Furthermore, unlike in single-item auctions, in … combinatorial auctions bidders are able to generate greater surplus with more transparency of the mechanism. Based on our results …

Persistent link: https://www.econbiz.de/10009462787

Should we combine incentive payments and tendering for efficiently purchasing conservation services from landholders?

Schilizzi, Steven; Breustedt, Gunnar; Latacz-Lohmann, Uwe - 2010

Policy makers aiming to get private landholders to provide non-marketed environmental services need to provide efficient economic incentives. Two ideas have been explored to achieve this: linking contract payments to environmental outcomes and putting the contracts up for tender. This paper...

Persistent link: https://www.econbiz.de/10009446039

AUCTIONING OUTCOME-BASED CONSERVATION CONTRACTS

Latacz-Lohmann, Uwe; Schilizzi, Steven; Breustedt, Gunnar - 2011

This paper explores two ideas to enhance the performance of agri-environmental contracting schemes: linking contract payments to environmental outcomes and putting the contracts up for tender. This paper investigates whether there are any gains to be had by combining the benefits of both...

Persistent link: https://www.econbiz.de/10009446183

Strong Activity Rules for Iterative Combinatorial Auctions

Harsha, Pavithra; Barnhart, Cynthia; Parkes, David C.; … - 2010

and thus, price discovery. These rules find application in the design of iterative combinatorial auctions for real world … scenarios, for example in spectrum auctions, in airline landing slot auctions, and in procurement auctions. We introduce the … be rationalized in this way. We design such a rule for auctions with budget-constrained bidders, i.e., bidders with …

Persistent link: https://www.econbiz.de/10009431900

Resource Modeling and Allocation in Competitive Systems

An, Na - 2005

auctioneer's revenue in combinatorial auctions, focusing on combinatorial auctions, we propose a simple and efficient model for …

Persistent link: https://www.econbiz.de/10009476016

Essays in experimental economics

Israel Waichman - 2009

This thesis consists of studies in the field of experimental economics. The first two chapters of the thesis deal with the issue of subject selection in Cournot Oligopoly experiments. In particular, chapter 1 presents a study which was designed to test whether a predominant personality inventory...

Persistent link: https://www.econbiz.de/10009429016

The economics of urban water policy : infrastructure, scarcity, and conservation

Hansen, Jason - 2009

This research focuses on urban water policy. The three papers extend the literature through economic application, taking theory in a direction that informs water resource managers on optimal decision-making or a better approach to management. Three primary results are: first, that the optimal...

Persistent link: https://www.econbiz.de/10009429647

Laws Against Bubbles: An Experimental-Asset-Market Approach to Analyzing Financial Regulation

Gerding, Erik F. - 2007

This article analyzes the effectiveness of proposed and actual securities, financial, and tax laws designed to prevent, or dampen the severity of asset price bubbles, including laws designed to mitigate excessive speculation. The article employs experimental asset market research to measure the...

Persistent link: https://www.econbiz.de/10009429658

Measuring Emotions in Electronic Auctions

Adam, Marc Thomas Philipp - 2010

This book develops a structured methodology that allows to systematically analyze emotions in auctions. It provides a … unified framework for emotional bidding in auctions, which comprises the bidders' processes of cognitive reasoning and … Dutch auctions. …

Persistent link: https://www.econbiz.de/10009434401

Labor Market Institutions and Firm Policy - Theoretical and Experimental Insights

Paul, Christian - 2009

In this thesis, we theoretically and experimentally analyze three aspects of labor markets. We first ask whether the introduction of a minimum wage not only increases the wages of workers who previously earned less than this minimum wage, but also of those who earned considerably more already....

Persistent link: https://www.econbiz.de/10009434479