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Learning to bid: An experimental study of bid function adjustments in auctions and fair division games

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  1. Güth, W., 1997. "Boundedly Rational Decision Emergence -A General Perspective and Some Selective Illustrations-," SFB 373 Discussion Papers 1997,29, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
  2. Paul Pezanis-Christou & Abdolkarim Sadrieh, 2003. "Elicited bid functions in (a)symmetric first-price auctions," Working Papers 85, Barcelona School of Economics.
  3. Ivanova-Stenzel, Radosveta, 2001. "Auctions and fair division games - a cross-country bidding experiment," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 30(4), pages 367-374.
  4. Haoran He & Yefeng Chen, 2021. "Auction mechanisms for allocating subsidies for carbon emissions reduction: an experimental investigation," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 57(2), pages 387-430, August.
  5. Oliver Kirchkamp & Wladislaw Mill, 2019. "Spite vs. risk: explaining overbidding," CESifo Working Paper Series 7631, CESifo.
  6. Guth, Werner, 2000. "Boundedly rational decision emergence - a general perspective and some selective illustrations," Journal of Economic Psychology, Elsevier, vol. 21(4), pages 433-458, August.
  7. Kirchkamp, O. & Reiss, J.P. & Sadrieh, A., 2008. "A pure variation of risk in private-value auctions," Research Memorandum 050, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
  8. Dennis A. V. Dittrich & Werner Güth & Martin G. Kocher & Paul Pezanis‐Christou, 2012. "Loss Aversion and Learning to Bid," Economica, London School of Economics and Political Science, vol. 79(314), pages 226-257, April.
  9. Gustafson Christopher R., 2015. "The Role of Knowledge in Choice, Valuation, and Outcomes for Multi-Attribute Goods," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 13(1), pages 33-43, January.
  10. Genti Kostandini & Elton Mykerezi & Eftila Tanellari & Nour Dib, 2011. "Does Buyer Experience Pay Off? Evidence from eBay," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 39(3), pages 253-265, November.
  11. Shachat, Jason & Wei, Lijia, 2013. "Discrete Rule Learning and the Bidding of the Sexes," MPRA Paper 47953, University Library of Munich, Germany.
  12. Güth, Werner, 2000. "Robust learning experiments: Evidence for learning and deliberation," SFB 373 Discussion Papers 2000,82, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
  13. Timothy N. Cason & Karthik N. Kannan & Ralph Siebert, 2011. "An Experimental Study of Information Revelation Policies in Sequential Auctions," Management Science, INFORMS, vol. 57(4), pages 667-688, April.
  14. Kyropoulou, Maria & Ortega, Josué & Segal-Halevi, Erel, 2022. "Fair cake-cutting in practice," Games and Economic Behavior, Elsevier, vol. 133(C), pages 28-49.
  15. Stryszowska, M.A., 2006. "Essays on auctions," Other publications TiSEM 4e64e5bc-4b6d-4e0e-9b03-a, Tilburg University, School of Economics and Management.
  16. Kittsteiner, Thomas & Ockenfels, Axel & Trhal, Nadja, 2012. "Partnership dissolution mechanisms in the laboratory," Economics Letters, Elsevier, vol. 117(2), pages 394-396.
  17. Jason Shachat & Lijia Wei, 2012. "Procuring Commodities: First-Price Sealed-Bid or English Auctions?," Marketing Science, INFORMS, vol. 31(2), pages 317-333, March.
  18. Oliver Kirchkamp & J. Philipp Reiß, 2019. "Heterogeneous bids in auctions with rational and boundedly rational bidders: theory and experiment," International Journal of Game Theory, Springer;Game Theory Society, vol. 48(4), pages 1001-1031, December.
  19. Güth Werner & Königstein Manfred & Ivanova-Stenzel Radosveta & Strobel Martin, 2002. "Bid Functions in Auctions and Fair Division Games: Experimental Evidence," German Economic Review, De Gruyter, vol. 3(4), pages 461-484, December.
  20. Brosig, Jeannette & Rei[ss], J. Philipp, 2007. "Entry decisions and bidding behavior in sequential first-price procurement auctions: An experimental study," Games and Economic Behavior, Elsevier, vol. 58(1), pages 50-74, January.
  21. Adrien Coiffard & Raphaële Préget & Mabel Tidball, 2023. "Target versus budget reverse auctions: an online experiment using the strategy method," Working Papers hal-04055743, HAL.
  22. Kirchkamp, Oliver & Poen, Eva & Rei, J. Philipp, 2009. "Outside options: Another reason to choose the first-price auction," European Economic Review, Elsevier, vol. 53(2), pages 153-169, February.
  23. Klonner, Stefan, 2003. "Buying Fields and Marrying Daughters: An Empirical Analysis of Rosca Auctions in a South Indian Village," Center Discussion Papers 28449, Yale University, Economic Growth Center.
  24. Kirchkamp, Oliver & Poen, Eva & Reiß, J. Philipp, 2004. "Bidding with outside options," Papers 04-21, Sonderforschungsbreich 504.
  25. Rodney Garratt & Mark Walker & John Wooders, 2012. "Behavior in second-price auctions by highly experienced eBay buyers and sellers," Experimental Economics, Springer;Economic Science Association, vol. 15(1), pages 44-57, March.
  26. Tibor Neugebauer, 2007. "Bid and price effects of increased competition in the first-price auction: experimental evidence," LSF Research Working Paper Series 07-17, Luxembourg School of Finance, University of Luxembourg.
  27. Adrien Coiffard & Raphaële Préget & Mabel Tidball, 2023. "Target versus budget reverse auctions: an online experiment using the strategy method," CEE-M Working Papers hal-04055743, CEE-M, Universtiy of Montpellier, CNRS, INRA, Montpellier SupAgro.
  28. Cary Deck & Bart J. Wilson, 2020. "Auctions in near-continuous time," Experimental Economics, Springer;Economic Science Association, vol. 23(1), pages 110-126, March.
  29. Cong Feng & Scott Fay & K. Sivakumar, 2016. "Overbidding in electronic auctions: factors influencing the propensity to overbid and the magnitude of overbidding," Journal of the Academy of Marketing Science, Springer, vol. 44(2), pages 241-260, March.
  30. Kirchkamp, Oliver & Mill, Wladislaw, 2021. "Spite vs. risk: Explaining overbidding in the second-price all-pay auction," Games and Economic Behavior, Elsevier, vol. 130(C), pages 616-635.
  31. Maria Kyropoulou & Josu'e Ortega & Erel Segal-Halevi, 2018. "Fair Cake-Cutting in Practice," Papers 1810.08243, arXiv.org, revised Feb 2022.
  32. Buchheit, Steve & Feltovich, Nick, 2010. "Experimental evidence of a sunk–cost paradox: a study of pricing behavior in Bertrand–Edgeworth duopoly," SIRE Discussion Papers 2010-124, Scottish Institute for Research in Economics (SIRE).
  33. Sascha Füllbrunn & Tibor Neugebauer, 2013. "Varying the number of bidders in the first-price sealed-bid auction: experimental evidence for the one-shot game," Theory and Decision, Springer, vol. 75(3), pages 421-447, September.
  34. Gustafson, Christopher R. & Lybbert, Travis J. & Sumner, Daniel A., 2016. "Consumer knowledge affects valuation of product attributes: Experimental results for wine," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 65(C), pages 85-94.
  35. Werner Güth, 2005. "On Inequity Aversion," Papers on Strategic Interaction 2005-24, Max Planck Institute of Economics, Strategic Interaction Group.
  36. Stefan Klonner, 2003. "Empirical Analysis of Rosca Auctions in a South Indian Village," Working Papers 854, Economic Growth Center, Yale University.
  37. Yves Breitmoser & Sebastian Schweighofer-Kodritsch, 2022. "Obviousness around the clock," Experimental Economics, Springer;Economic Science Association, vol. 25(2), pages 483-513, April.
  38. repec:wyi:journl:002158 is not listed on IDEAS
  39. Güth Werner, 2014. "Institutional Regulation of Public Provision," Review of Law & Economics, De Gruyter, vol. 10(1), pages 81-94, March.
  40. Mill, Wladislaw & Morgan, John, 2022. "Competition between friends and foes," European Economic Review, Elsevier, vol. 147(C).
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