Title of article
Second-price auction tournament
Author/Authors
Jason F. Shogren، نويسنده , , Gregory M. Parkhurst، نويسنده , , Christopher McIntosh، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2006
Pages
9
From page
99
To page
107
Abstract
We compare bidding behavior in a standard second-price auction and a second-price auction tournament without information on relative rankings. Our results suggest that people bid more sincerely in the tournament setting with a non-linear payoff schedule and incomplete information.
Keywords
Tournaments , Experiments , auction
Journal title
Economics Letters
Serial Year
2006
Journal title
Economics Letters
Record number
435978
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