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| Tekijä: | Ivanova-Stenzel, R. |
| Otsikko: | Auctions and fair division games - a cross-country bidding experiment |
| Lehti: | Journal of Socio-Economics
2001 : VOL. 30:4, p. 367-374 |
| Asiasana: | AUCTIONS BIDDING COUNTRY COMPARISONS BULGARIA GERMANY |
| Vapaa asiasana: | FAIR DIVISION |
| Kieli: | eng |
| Tiivistelmä: | This paper presents the results of experiments carried out in two countries, Bulgaria and Germany, with different allocation rules (first- vs. second-price - auction vs. fair division game). The data analysis of the sealed-bid, private value-contests compares the bid functions, some features of the bidding behavior as well as the efficiency rates and the price expectations in both countries. |
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