Bidding and Auctioning Institutions: Experimental Results
Among the laboratory experimental studies of market price behavior, there are numerous experiments designed on the basis of various bidding and auctioning processes of allocation. The theme of this conference will serve as the organizing principle of this paper which presents a summary of several published and previously unpublished experiments in auction and sealed-bid market behavior.
Published in Bidding and Auctioning for Procurement and Allocation edited by Yakov Amihud, N.Y.: N.Y. Univ. Press, 1976.
Submitted - sswp71.pdf