Sealed Bid Auctions with Ambiguity

Sealed Bid Auctions with Ambiguity
Author :
Publisher :
Total Pages : 75
Release :
ISBN-10 : 8073430622
ISBN-13 : 9788073430627
Rating : 4/5 (22 Downloads)

Book Synopsis Sealed Bid Auctions with Ambiguity by : Yan Chen

Download or read book Sealed Bid Auctions with Ambiguity written by Yan Chen and published by . This book was released on 2005 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt:


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This study presents a laboratory experiment of the first and second price sealed bid auctions with independent private values, where the distribution of bidder
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We study experimentally the selection into first-price sealed-bid auctions for a risky or an ambiguous prospect. Most subjects chose to submit a bid for the ris
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