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Bimodal Bidding in Experimental All-Pay Auctions

We report results from experimental first-price, sealed-bid, all-pay auctions for a good with a common and known value. We observe bidding strategies in groups of two and three bidders and under two extreme information conditions. As predicted by the Nash equilibrium, subjects use mixed strategies....

詳細記述

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書誌詳細
主要な著者: Christiane Ernst, Christian Thöni
フォーマット: Artigo
言語:Inglês
出版事項: MDPI AG 2013-10-01
シリーズ:Games
主題:
オンライン・アクセス:http://www.mdpi.com/2073-4336/4/4/608
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