Titlebook: Advances in Experimental Markets; Timothy Cason,Charles Noussair Conference proceedings 2001 Springer-Verlag Berlin Heidelberg 2001 Experi

蒙太奇

Hans Euler,Hans Euler,Karl Myrb?ckwhen bidders face a risk of the object being a strict ‘bad’, in that owning the object incurs negative utility to the winner of the auction. The model is then tested in a laboratory setting. The evidence from this experiment supports the predictions of the theory.