Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10001505615
Persistent link: https://www.econbiz.de/10001714859
Persistent link: https://www.econbiz.de/10009751098
The paper presents a complete information model of bidding in second price sealed-bid and ascending-bid (English) auctions, in which potential buyers know the unit valuation of other bidders and may spitefully prefer that their rivals earn a lower surplus. Bidders with spiteful preferences...
Persistent link: https://www.econbiz.de/10009752417
Persistent link: https://www.econbiz.de/10009521689
Persistent link: https://www.econbiz.de/10012582615
Persistent link: https://www.econbiz.de/10012817411
Motivated by problems of coordination failure observed in weak-link games, we experimentally investigate behavioral spillovers for order-statistic coordination games. Subjects play the minimum- and median-effort coordination games simultaneously and sequentially. The results show the precedent...
Persistent link: https://www.econbiz.de/10014186326
Persistent link: https://www.econbiz.de/10009377940
Persistent link: https://www.econbiz.de/10003707371