Unstable Individual Bids and Stable Market Demand

Frode Alfnes, Kyrre Rickertsen and Jason Shogren

No 114219, 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland from European Association of Agricultural Economists

Abstract: We explore preference stability at the individual and market level. We examine individual bidding behavior among 116 French consumers who participated in experimental auctions conducted seven months apart for five types of fish. We reject preference stability at the individual level, but not at the aggregate market level.

Keywords: Marketing (search for similar items in EconPapers)
Pages: 12
Date: 2011
New Economics Papers: this item is included in nep-exp and nep-mkt
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:eaae11:114219

DOI: 10.22004/ag.econ.114219

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