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Browsing APEC Research Reports by Subject "Auction experiments"

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  • Wu, Shang; Fooks, Jacob; Li, Tongzhe; Messer, Kent D.; Delaney, Deborah (Department of Applied Economics and Statistics, University of Delaware, Newark, DE., 2017-06)
    Economic experiments have been widely used to elicit individuals’ evaluation for various commodities and non-market goods. Common elicitation methods include auctions and posted price mechanisms. Experimental auctions are ...
  • Wu, Shang; Fooks, Jacob; Messer, Kent D.; Delaney, Deborah (Department of Applied Economics and Statistics, University of Delaware, Newark, DE., 2014-05)
    Auction experiments are commonly used to elicit consumer values for a wide range of items and services. These auctions are theoretically incentive compatible so are assumed to give an unbiased estimate of consumers’ ...

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