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Earned wealth, engaged bidders? Evidence from a second price auction

Abstract : This paper considers whether earned wealth affects bidding behavior in an induced-value second-price auction. We find people bid more sincerely in the auction with earned wealth given monetary incentives; earned wealth did not induce sincere bidding in hypothetical auctions.
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https://halshs.archives-ouvertes.fr/halshs-00429894
Contributor : Nicolas Jacquemet Connect in order to contact the contributor
Submitted on : Wednesday, November 4, 2009 - 10:49:29 PM
Last modification on : Friday, April 29, 2022 - 10:12:58 AM
Long-term archiving on: : Thursday, June 17, 2010 - 7:27:26 PM

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Nicolas Jacquemet, Robert-Vincent Joule, Stephane Luchini, Jason Shogren. Earned wealth, engaged bidders? Evidence from a second price auction. Economics Letters, Elsevier, 2009, 105 (1), pp.36-38. ⟨10.1016/j.econlet.2009.05.010⟩. ⟨halshs-00429894⟩

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