A Study of Zero-out Auctions
Author | : Kemal Guler |
Publisher | : |
Total Pages | : 87 |
Release | : 1992 |
Genre | : Modelos econometricos |
ISBN | : |
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Author | : Kemal Guler |
Publisher | : |
Total Pages | : 87 |
Release | : 1992 |
Genre | : Modelos econometricos |
ISBN | : |
Author | : Emir Djugeli |
Publisher | : |
Total Pages | : 43 |
Release | : 1999 |
Genre | : Georgia (Republic) |
ISBN | : 9788371781179 |
Author | : Daniel Friedman |
Publisher | : Cambridge University Press |
Total Pages | : 252 |
Release | : 1994-01-28 |
Genre | : Business & Economics |
ISBN | : 1107717280 |
Experimental economics is a rapidly growing field of inquiry, and there currently exist several textbooks and surveys describing the results of laboratory experiments in economics. This primer, however, is the first hands-on guide to the physical aspects of actually conducting experiments in economics. It tells researchers, teachers and students in economics how to deal with human subjects, how to design meaningful laboratory environments, how to design experiments, how to conduct experiments and how to analyse and report the data. It also deals with methodological issues. It can be used to structure an undergraduate or graduate course in experimental economics.
Author | : United States. Department of Transportation. Secretary's Task Force on Competition in the U.S. Domestic Airline Industry |
Publisher | : |
Total Pages | : 136 |
Release | : 1990 |
Genre | : Aeronautics, Commercial |
ISBN | : |
Author | : John H. Kagel |
Publisher | : Princeton University Press |
Total Pages | : 419 |
Release | : 2021-04-13 |
Genre | : Business & Economics |
ISBN | : 0691218951 |
An invaluable account of how auctions work—and how to make them work Few forms of market exchange intrigue economists as do auctions, whose theoretical and practical implications are enormous. John Kagel and Dan Levin, complementing their own distinguished research with papers written with other specialists, provide a new focus on common value auctions and the "winner's curse." In such auctions the value of each item is about the same to all bidders, but different bidders have different information about the underlying value. Virtually all auctions have a common value element; among the burgeoning modern-day examples are those organized by Internet companies such as eBay. Winners end up cursing when they realize that they won because their estimates were overly optimistic, which led them to bid too much and lose money as a result. The authors first unveil a fresh survey of experimental data on the winner's curse. Melding theory with the econometric analysis of field data, they assess the design of government auctions, such as the spectrum rights (air wave) auctions that continue to be conducted around the world. The remaining chapters gauge the impact on sellers' revenue of the type of auction used and of inside information, show how bidders learn to avoid the winner's curse, and present comparisons of sophisticated bidders with college sophomores, the usual guinea pigs used in laboratory experiments. Appendixes refine theoretical arguments and, in some cases, present entirely new data. This book is an invaluable, impeccably up-to-date resource on how auctions work--and how to make them work.
Author | : |
Publisher | : |
Total Pages | : 1406 |
Release | : 1993 |
Genre | : Social sciences |
ISBN | : |
Author | : John H. Kagel |
Publisher | : Princeton University Press |
Total Pages | : 742 |
Release | : 2020-05-05 |
Genre | : Business & Economics |
ISBN | : 0691213259 |
This book, which comprises eight chapters, presents a comprehensive critical survey of the results and methods of laboratory experiments in economics. The first chapter provides an introduction to experimental economics as a whole, with the remaining chapters providing surveys by leading practitioners in areas of economics that have seen a concentration of experiments: public goods, coordination problems, bargaining, industrial organization, asset markets, auctions, and individual decision making. The work aims both to help specialists set an agenda for future research and to provide nonspecialists with a critical review of work completed to date. Its focus is on elucidating the role of experimental studies as a progressive research tool so that wherever possible, emphasis is on series of experiments that build on one another. The contributors to the volume--Colin Camerer, Charles A. Holt, John H. Kagel, John O. Ledyard, Jack Ochs, Alvin E. Roth, and Shyam Sunder--adopt a particular methodological point of view: the way to learn how to design and conduct experiments is to consider how good experiments grow organically out of the issues and hypotheses they are designed to investigate.
Author | : Charles R. Plott |
Publisher | : |
Total Pages | : 616 |
Release | : 2001 |
Genre | : Economics |
ISBN | : |
Author | : Sebastian Brockhaus |
Publisher | : BoD – Books on Demand |
Total Pages | : 226 |
Release | : 2013-06-13 |
Genre | : Business & Economics |
ISBN | : 3844102574 |
The notion of sustainability continues to increase in importance for businesses. Today consumers pay attention to the environmental impacts and social consequences of the products they use. Consequently, an increase in interest in the topic from an industry perspective has been observed and the topic is considered a megatrend in today’s global economy worthy of additional academic inquiry. This dissertation looks into the role that sustainability plays for companies in the current business environment and its effect on supply chain relationships. This book highlights the effects that introducing sustainability to a supply chain relationship has on the dynamics and structure of these relationships and provides a novel methodological approach to examine the issue. For the analysis, a theoretical framework of current management theories is assembled and the insights of each theory for sustainability in supply chain management are detailed. Through a qualitative and a quantitative research phase, the findings of this dissertation show, that sustainability and collaborative behavior in supply chain relationships positively affect each other. This manuscript provides insights for both research and practice. Theoretical and managerial implications are detailed and the findings are mirrored with the derived theoretical framework. This book therefore helps to promote the effective implementation of sustainability in supply chain management practice and elaborates the theory around the topic.
Author | : David Easley |
Publisher | : Cambridge University Press |
Total Pages | : 745 |
Release | : 2010-07-19 |
Genre | : Computers |
ISBN | : 1139490303 |
Are all film stars linked to Kevin Bacon? Why do the stock markets rise and fall sharply on the strength of a vague rumour? How does gossip spread so quickly? Are we all related through six degrees of separation? There is a growing awareness of the complex networks that pervade modern society. We see them in the rapid growth of the internet, the ease of global communication, the swift spread of news and information, and in the way epidemics and financial crises develop with startling speed and intensity. This introductory book on the new science of networks takes an interdisciplinary approach, using economics, sociology, computing, information science and applied mathematics to address fundamental questions about the links that connect us, and the ways that our decisions can have consequences for others.