1 Bidding in Common-Value Auctions: A Survey of Experimental Research
By John H. Kagel, Dan Levin. 2009
409 citations recorded by the source corpus.
Subfields: Management Science and Operations Research
View Paper: https://www.semanticscholar.org/paper/653aa458bf0f878cb1e91e61a6a798ed5887726d
How researchers see this paper
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In Management Science and Operations Research
- Martin Schreier
- Richard Engelbrecht-Wiggans
- Marine Le Gall-Ely
- Elena Katok
- N. Jacquemet
- Ernan Haruvy
- Nikolaus Franke
- Jason F. Shogren
Citations in the corpus
- A Comparison of Buyer-Determined and Price-Based Multiattribute Mechanisms (2007, methodology): “We refer the interested reader to Kagel (1995) for a review.”
- Preference Elicitation under Oath (2010, positive): “Past experimental evidence has shown that the second-price auction with monetary incentives only leads to mixed performance at the individual level – as bidders overbid or underbid relative to their induced value (see Kagel, 1995).”
- The psychometric and empirical properties of measures of risk preferences (2017, neutral): “For example, risk aversion is often a confound when testing auction theory, and researchers often include a measure of risk aversion similar to the ones considered here as a control variable when testing the theory (see the review in Kagel and Levin, 1995).”
- The "I Designed It Myself" Effect in Mass Customization (2010, background): “This procedure ensures theoretical incentive compatibility: prices are exogenous to the subjects’ WTP (unlike in other methods such as English auctions, bidders cannot directly influence the price paid; Kagel 1995, Wertenbroch and Skiera 2002).”
- Definition, Measurement and Determinants of the Consumer's Willingness to Pay: A Critical Synthesis and Avenues for Further Research (2009, background): “Theoretically, a rational bidder is encouraged to reveal his real WTP, thus limiting the occurrence of strategic bias (McAfee and McMillan, 1987; Kagel, 1995; Shogren et al 2001).”