Spite vs. risk: explaining overbidding
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- Björn Bartling & Nick Netzer, 2014. "An Externality-Robust Auction: Theory and Experimental Evidence," CESifo Working Paper Series 4771, CESifo.
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More about this item
Keywords
auction; overbidding; spite; risk; experiment;All these keywords.
JEL classification:
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
- D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DES-2019-05-27 (Economic Design)
- NEP-EXP-2019-05-27 (Experimental Economics)
- NEP-GTH-2019-05-27 (Game Theory)
- NEP-UPT-2019-05-27 (Utility Models and Prospect Theory)
Statistics
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