An empirical investigation of rewards’ effect on experimental auctions outcomes
VECCHIO, Riccardo
An empirical investigation of rewards’ effect on experimental auctions outcomes - Applied Economics Letters Volume , number , .
We examine the effect of earned participation rewards on willingness to pay (WTP) bids in experimental auctions. Our results show that when subjects are provided with a fixed reward, they bid more than those who had to earn their reward.
experimental auctions
earned participation rewards
willingness to pay
An empirical investigation of rewards’ effect on experimental auctions outcomes - Applied Economics Letters Volume , number , .
We examine the effect of earned participation rewards on willingness to pay (WTP) bids in experimental auctions. Our results show that when subjects are provided with a fixed reward, they bid more than those who had to earn their reward.
experimental auctions
earned participation rewards
willingness to pay