| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5062540 | Economics Letters | 2006 | 9 Pages |
Abstract
We compare bidding behavior in a standard second-price auction and a second-price auction tournament without information on relative rankings. Our results suggest that people bid more sincerely in the tournament setting with a non-linear payoff schedule and incomplete information.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Jason F. Shogren, Gregory M. Parkhurst, Christopher McIntosh,