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Multi-object auctions with package bidding: An experimental comparison of Vickrey and iBEA

✍ Scribed by Yan Chen; Kan Takeuchi


Book ID
116506200
Publisher
Elsevier Science
Year
2010
Tongue
English
Weight
747 KB
Volume
68
Category
Article
ISSN
0899-8256

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## Abstract Demand reduction in Uniform‐price and English auctions are strategic reactions by participants to reduce price and thus increase potential profits. Laboratory experiments similar to the field experiments performed by List and Reiley (__Am. Econ. Rev__. 2000; **9**(4): 961–972) in which