Participants’ competitiveness and bidding behaviour in experimental auctions: an application to the Spanish market

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dc.contributor.authorde-Magistris, Tizianaes_ES
dc.contributor.authorGracia Royo, Azucenaes_ES
dc.contributor.authorNayga, Rodolfo M. (Jr.)es_ES
dc.date.accessioned2013-02-19T08:46:14Z
dc.date.available2013-02-19T08:46:14Z
dc.date.issued2012es_ES
dc.description.abstractThe aim of the paper was to examine if experimental auctions are demand revealing regardless the level of participants’ competitiveness. Then, we design an experimental auction with two treatments to check if the level of participants’ competitiveness does affect their bidding behavior. Both treatments had all the same designed characteristics except that in the second treatment, participants who reported the highest levels of competitiveness were not allow to participate in the auction. Then, we could directly compare bids from both treatments to test differences in bidding behavior between them. Our findings generally indicate that the level of participants’ competitiveness does not affect bidding behavior and then, homegrown experimental auctions are demand revealing in practice regardless the level of participants’ competitiveness.en
dc.description.otherdemand revelationen
dc.description.otherlamb meaten
dc.description.otherSpainen
dc.description.otherOjinegra from Teruelen
dc.description.statusPublishedes_ES
dc.format.pages18es_ES
dc.identifier.urihttp://hdl.handle.net/10532/2154
dc.language.isoenes_ES
dc.publisherC.I.T.A. Unidad de Economía Agroalimentaria y de los Recursos Naturaleses_ES
dc.publisher.placeZaragozaes_ES
dc.relation.ispartofseriesDocumento de Trabajo / SIA. Unidad de Economía y Sociología Agrariases
dc.relation.ispartofseriesnr12/04es_ES
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/3.0/es/*
dc.subject.agrovocEspañaes
dc.subject.agrovocComportamiento del consumidores
dc.subject.agrovocCarne de corderoes
dc.subject.agrovocSubastases
dc.subject.othereconomia agroalimentariaes_ES
dc.titleParticipants’ competitiveness and bidding behaviour in experimental auctions: an application to the Spanish marketen
dc.typeResearch Report*
dc.typeWorking Paper
dc.type.refereedNon-Refereedes_ES

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