Browsing 14 Economics by Author "Garratt, R J"

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Browsing 14 Economics by Author "Garratt, R J"

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  • Garratt, R J; Wooders, John (Springer, 2010)
    Experiments on second-price sealed-bid private value auctions have established that subjects typically bid more than their value, despite the fact that value bidding is a dominant strategy in such auctions. Moreover, the ...