搜索结果: 1-5 共查到“金融市场 Auctions”相关记录5条 . 查询时间(0.078 秒)
Why do we observe overbidding in first
price private value auctions? This paper aims
to answer this question, which has been extensively
studied in the literature, from a nonstandard
point of view...
Understanding Overbidding: Using the Neural Circuitry of Reward to Design Economic Auctions
Neural Circuitry Economic Auctions
2015/9/23
We take advantage of our knowledge of the neural circuitry of reward to investigate a puzzling
economic phenomenon: Why do people overbid in auctions? Using functional magnetic resonance
imaging (fM...
Losing the auction at an affordable price generates loser regret. In third price auctions if bidders anticipate
loser regret, then in line with the experimental findings, in a symmetric equilibrium t...
Discrete Clock Auctions: An Experimental Study
Clock auctions Pricing rules Market design Experiments
2015/9/23
We analyze the implications of different pricing rules in discrete clock
auctions. The two most common pricing rules are highest-rejected bid (HRB) and
lowest-accepted bid (LAB). Under HRB, the winn...
Lowest Unique Bid Auctions
auctions interval strategy rational bidders bounded complexity
2010/10/21
We consider a class of auctions (Lowest Unique Bid Auctions) that have achieved a considerable success on the Internet. Bids are made in cents (of euro) and every bidder can bid as many numbers as sh...