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First-price sealed-bid auction / Bid shading / Auction / Double auction / Bid / Vickrey auction / Auctioneering / Auction theory / Business


Heterogeneous bids in auctions with rational and boundedly rational bidders„Theory and Experiment
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Document Date: 2015-03-23 09:37:30


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City

Jena / Mannheim / Atlanta / Cologne / Amsterdam / Essen / /

Company

Cox / ECU I / /

Country

Germany / /

Currency

USD / XEU / /

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Facility

Institute of Economics / Karlsruhe Institute of Technology / /

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IndustryTerm

explicit solution / numerical solution / /

Organization

Institute of Economics / Institute of Technology / School of Economics / European Union / /

Person

Nash Equilibrium / Oliver Kirchkamp / J. Philipp Rei߇ August / /

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Position

fully rational player / behavioural player / player / /

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