An experimental study of auctions with a buy price under private and common values

DOI10.1016/J.GEB.2010.10.009zbMATH Open1217.91035OpenAlexW1980184052MaRDI QIDQ550200FDOQ550200

Authors: Quazi Shahriar, John Wooders 

Publication date: 8 July 2011

Published in: Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.geb.2010.10.009

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zbMATH Keywords

risk aversionlaboratory experimentsauctioncommon valueseBaybuy priceprivate values

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26) Experimental studies (91A90) Internet topics (68M11)

Cites Work

• A Theory of Auctions and Competitive Bidding
• Title not available (Why is that?)
• Late and multiple bidding in second price Internet auctions: theory and evidence concerning different rules for ending an auction
• Equilibria in open common value auctions
• Second chance offers versus sequential auctions: theory and behavior
• The role of varying risk attitudes in an auction with a buyout option
• Just who are you calling risk averse?
• Auctions with a buy price
• The impact of discounting on an auction with a buyout option: a theoretical analysis motivated by eBay's buy-it-now feature
• Symmetric bidding in second-price, common-value auctions

Cited In (22)

• Industry concentration in common value auctions: theory and evidence
• First-price auctions, Dutch auctions, and buy-it-now prices with Allais paradox bidders
• Common value auctions with default: An experimental approach
• Auctions with a buy price
• Asymmetric auction experiments with(out) commonly known beliefs
• An experimental study of estimation and bidding in common-value auctions with public information
• The impact of the irrelevant: temporary buy-options and bidding behavior in auctions
• The CMS auction: experimental studies of a median-bid procurement auction with nonbinding bids
• ``Buy-it-now or ``sell-it-now auctions: effects of changing bargaining power in sequential trading mechanisms
• Sealed bid auctions versus ascending bid auctions: an experimental study
• The impact of discounting on an auction with a buyout option: a theoretical analysis motivated by eBay's buy-it-now feature
• Identification of time and risk preferences in buy price auctions
• Bayesian comparison of private and common values in structural second-price auctions
• Auctions, market efficiency, and the trade in second-hand and antique silver
• Does suspending an English auction increase revenues?
• Auctions with a buy price: the case of reference-dependent preferences
• Auction fever: rising revenue in second-price auction formats
• Bidding up, buying out and cooling-off: An examination of auctions with withdrawal rights
• Auctions with shill bidding
• Fishing for fools
• Comment on: ``Auctions with a buy price: the case of reference-dependent preferences
• Posted price offers in internet auction markets

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