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Informed entry in auctions

dc.creatorAycinena Abascal, Diegospa
dc.creatorBejarano H.spa
dc.creatorRentschler L.spa
dc.date.accessioned2020-05-26T00:12:05Z
dc.date.available2020-05-26T00:12:05Z
dc.date.created2018spa
dc.description.abstractWe examine entry decisions in first-price and English clock auctions with participation costs. Potential bidders observe their value and report maximum willingness to pay (WTP) to participate. Entry occurs if revealed WTP (weakly) exceeds the randomly drawn participation cost. We find no difference in WTP between auction formats, although males have a higher WTP for first-price auctions. WTP is decreasing in the number of potential bidders, but this reduction is less than predicted and small in magnitude. © 2017, Springer-Verlag GmbH Germany.eng
dc.format.mimetypeapplication/pdf
dc.identifier.doihttps://doi.org/10.1007/s00182-017-0583-9
dc.identifier.issn14321270
dc.identifier.issn00207276
dc.identifier.urihttps://repository.urosario.edu.co/handle/10336/24357
dc.language.isoengspa
dc.publisherSpringer Verlagspa
dc.relation.citationEndPage205
dc.relation.citationIssueNo. 1
dc.relation.citationStartPage175
dc.relation.citationTitleInternational Journal of Game Theory
dc.relation.citationVolumeVol. 47
dc.relation.ispartofInternational Journal of Game Theory, ISSN:14321270, 00207276, Vol.47, No.1 (2018); pp. 175-205spa
dc.relation.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85023742293&doi=10.1007%2fs00182-017-0583-9&partnerID=40&md5=6212617b53f5c19a1c086ed2d1659453spa
dc.rights.accesRightsinfo:eu-repo/semantics/openAccess
dc.rights.accesoAbierto (Texto Completo)spa
dc.source.instnameinstname:Universidad del Rosariospa
dc.source.reponamereponame:Repositorio Institucional EdocURspa
dc.subject.keywordAuctionsspa
dc.subject.keywordBiddingspa
dc.subject.keywordEndogenous entryspa
dc.subject.keywordExperimentsspa
dc.titleInformed entry in auctionsspa
dc.typearticleeng
dc.type.hasVersioninfo:eu-repo/semantics/publishedVersion
dc.type.spaArtículospa
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