Should students be used as subjects in experimental auctions?

Dinah Pura T. Depositario, Rodolfo Nayga, Ximing Wu () and Tiffany P. Laude

Economics Letters, 2009, vol. 102, issue 2, 122-124

Abstract: We examine the bidding behavior of students and non-students in experimental auctions by comparing their willingness to pay (WTP) values for a good. Our results suggest that there is no significant difference between the WTP bids of the two groups.

Keywords: Lab; experiment; Experimental; auction; Student; subjects; Non-student; subjects; Willingness; to; pay (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (31)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:102:y:2009:i:2:p:122-124

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