Auctions with endogenous participation and an uncertain number of bidders: experimental evidence
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DOI: 10.1007/s10683-017-9558-8
Abstract: Attracting bidders to an auction is a key factor in determining revenue. We experimentally investigate entry and bidding behavior in first-price and English clock auctions to determine the revenue implications of entry. Potential bidders observe… read more here.
Keywords: bidders experimental; number; auction; first price ... See more keywords