I examine the behavior of subjects in common value auctions with both experienced and inexperienced bidders in the same market. Subjects know that they are competing against both experienced and inexperienced subjects and can observe bidding behavior of their opponents after an auction round. The existence and common knowledge of mixed experience levels in the same auction market affects the bidding behavior of inexperienced bidders, and gender plays an important role: Inexperienced males bid more aggressively in auction market with mixed bidders compared to markets with only inexperienced bidders, but inexperienced females bid less aggressively. The mixed markets only have an effect on inexperienced bidders. Experienced bidders (males and ...
This paper studies multiunit common value auctions with informed and less informed bidders. In these...
Establishing what variables affect learning rates in experimental auctions can be valuable in determ...
We examine auction design in a context where symmetrically informed adaptive agents with common valu...
I examine the behavior of subjects in common value auctions with both experienced and inexperienced ...
This study investigates whether market composition affects individual bidding and the aggregate mark...
We examined gender differences in bidding and learning behavior in Second Price Auctions (SPAs). Alt...
This study empirically links current behaviour with past performance in a competitive multi-unit auc...
We find clear demographic and ability effects on bidding in common value auctions: inexperienced wom...
"In Internet auctions, bidders alter their strategies as they gain market experience. While inexperi...
Inexperienced women, along with economics and business majors, are much more susceptible to the winn...
We study the role of experience in internet art auctions by analyzing repeated bidding by the same b...
Overbidding in second-price auctions (SPAs) has been shown to be persistent and associated with cogn...
We report on sealed-bid second-price auctions that we conducted on the Internet using subjects with ...
Auctions are common mechanisms for identifying prices and suppliers of commodities and are particula...
Inexperienced women, along with economics and business majors, are much more susceptible to the winn...
This paper studies multiunit common value auctions with informed and less informed bidders. In these...
Establishing what variables affect learning rates in experimental auctions can be valuable in determ...
We examine auction design in a context where symmetrically informed adaptive agents with common valu...
I examine the behavior of subjects in common value auctions with both experienced and inexperienced ...
This study investigates whether market composition affects individual bidding and the aggregate mark...
We examined gender differences in bidding and learning behavior in Second Price Auctions (SPAs). Alt...
This study empirically links current behaviour with past performance in a competitive multi-unit auc...
We find clear demographic and ability effects on bidding in common value auctions: inexperienced wom...
"In Internet auctions, bidders alter their strategies as they gain market experience. While inexperi...
Inexperienced women, along with economics and business majors, are much more susceptible to the winn...
We study the role of experience in internet art auctions by analyzing repeated bidding by the same b...
Overbidding in second-price auctions (SPAs) has been shown to be persistent and associated with cogn...
We report on sealed-bid second-price auctions that we conducted on the Internet using subjects with ...
Auctions are common mechanisms for identifying prices and suppliers of commodities and are particula...
Inexperienced women, along with economics and business majors, are much more susceptible to the winn...
This paper studies multiunit common value auctions with informed and less informed bidders. In these...
Establishing what variables affect learning rates in experimental auctions can be valuable in determ...
We examine auction design in a context where symmetrically informed adaptive agents with common valu...