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auctions were for video games for Microsoft's Xbox gaming console. The revenue equivalence theorem states that any auction form … to the auction or revenues as a function of how the effective reserve is allocated between opening bid and shipping …
Persistent link: https://www.econbiz.de/10014028417
auction market (the eBay platform and eBay traders) with the techniques of lab experiments. We find a striking link between … trade. Those auctions come in a variety of different formats, such as the Buy-It-Now auction format on eBay, that allows … sellers to post prices at which buyers can purchase a good prior to the auction. Even though, buyer behavior is well studied …
Persistent link: https://www.econbiz.de/10003935655
approached about 4500 households, each participating in either an all-pay auction, a lottery, a non-anonymous voluntary … contribution mechanism (VCM), or an anonymous VCM. In contrast to the VCMs, households competed for a prize in the all-pay auction … and the lottery. Although the all-pay auction is the superior fundraising mechanism both in theory and in the laboratory …
Persistent link: https://www.econbiz.de/10011386444
In a field experiment, we study the revenue-generating properties of premium auctions. In a premium auction, the runner … that the relative performance of premium auctions compared to standard auction formats is context-specific. In the … experiment, we compare two types of premium auctions with the standard Vickrey auction selling high-quality, limited …
Persistent link: https://www.econbiz.de/10011602712
reserve prices in ascending auctions. The field experiments were performed with a large online used automobile seller. In … addition to providing a check on the results of the field experiment, we use laboratory experiments to implement an important … treatment that we could not use in our field experiments.We find no evidence in the field or in the lab of an effect of reserve …
Persistent link: https://www.econbiz.de/10012994312
based on relative performance on a mathematics exam in order to test the incentive effects of AA, and track study efforts on …
Persistent link: https://www.econbiz.de/10011333063
price. Using two diverse auction sites, one in New York and one in Texas, we find that buyer and seller behavior differs …
Persistent link: https://www.econbiz.de/10012960800
highlight three such features and test them in the field in rural Uganda, a relevant population for many recent applications …
Persistent link: https://www.econbiz.de/10013244245
highlight three such features and test them in the field in rural Uganda, a relevant population for many recent applications …
Persistent link: https://www.econbiz.de/10012437865
Persistent link: https://www.econbiz.de/10011607351