Title of article
Asymmetric auction experiments with(out) commonly known beliefs
Author/Authors
Werner Güth، نويسنده , , Radosveta Ivanova-Stenzel، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2003
Pages
5
From page
195
To page
199
Abstract
Are commonly known beliefs essential for bidding behavior in asymmetric auctions? Our experimental results suggest that not informing participants how values are randomly generated does not change behavior much and may even make it appear more rational.
Keywords
Experiments , Asymmetric sealed-bid auctions , Beliefs
Journal title
Economics Letters
Serial Year
2003
Journal title
Economics Letters
Record number
435226
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