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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....
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| 主要な著者: | , |
|---|---|
| フォーマット: | Artigo |
| 言語: | Inglês |
| 出版事項: |
MDPI AG
2013-10-01
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| 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 |
| タグ: |
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