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Author:Güth, W.
Ivanova-Stenzel, R.
Wolfstetter, E.
Title:Bidding behavior in asymmetric auctions: an experimental study
Journal:European Economic Review
2005 : OCT, VOL. 49:7, p. 1891-1913
Index terms:asymmetric information
auctions
bidding
microeconomics
valuation
Language:eng
Abstract:This article studies an asymmetric auction experiment where private valuations of two bidders are independently drawn from distributions. The authors test the qualitative properties of the asymmetric auction model, focusing on bidder behavior and preference.
SCIMA record nr: 261527
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