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- W3122283699 abstract "An English clock auction and a sealed-bid auction with lowest accepted-bid pricing are studied in a controlled laboratory setting. Buyers bid for either a single unit or two units of the good. The sealed-bid auction generates more revenue than the English clock auction in both cases. The revenue from the English clock auction is lower in the two-unit demand environment than in the single-unit demand environment, due to strategic demand reduction on the part of bidders. Copyright 1998 by Oxford University Press. (This abstract was borrowed from another version of this item.)" @default.
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- W3122283699 date "1995-01-01" @default.
- W3122283699 modified "2023-09-27" @default.
- W3122283699 title "Experimental Comparisons of Auctions Under Single and Multi Unit Demand" @default.
- W3122283699 hasPublicationYear "1995" @default.
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