This work deals with the study of subjects' behavior in an auction and attempts to contribute a small part of understanding to the big picture of this topic by targeting the following two research questions: Is there a difference between outside options for all or a lottery for an outside option for one loser with equivalent expected value? Does group size influence bids in a second price auction? To answer these questions we conducted an experiment at the Max Jung laboratory, sited at Graz University.
Product Identifiers
Publisher
AV Akademikerverlag
ISBN-13
9783639485387
eBay Product ID (ePID)
214287661
Product Key Features
Author
Jakob Eichberger
Publication Name
The Influence of Outside Options on Second-Price Auction Outcomes
Format
Paperback
Language
English
Subject
Management
Publication Year
2013
Type
Textbook
Number of Pages
84 Pages
Dimensions
Item Height
229mm
Item Width
152mm
Item Weight
136g
Additional Product Features
Title_Author
Jakob Eichberger
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