Hypothetical-actual bid calibration of a multigood auction

John List, Michael Margolis and Jason Shogren

Natural Field Experiments from The Field Experiments Website

Abstract: Evidence suggests the calibration of hypothetical and actual behavior is good-specific. We examine whether clustering commodities into mutual categories can reduce the burden. While we reject a common calibration across sets of commodities, a sport-specific calibration function cannot be rejected.

Date: 1998
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Citations: View citations in EconPapers (13)

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Related works:
Journal Article: Hypothetical-actual bid calibration of a multigood auction (1998)
Working Paper: Hypothetical-actual bid calibration of a multi-good auction (1998)
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Persistent link: https://EconPapers.repec.org/RePEc:feb:natura:00532

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