An experimental investigation of entry cost effects in sealed-bid dollar auctions

Surajeet Chakravarty; Sudeep Ghosh

doi:10.1016/j.econlet.2011.01.011

An experimental investigation of entry cost effects in sealed-bid dollar auctions

Surajeet Chakravarty, Sudeep Ghosh

Research output: Journal article publication › Journal article › Academic research › peer-review

Abstract

We experimentally study the effect of entry costs on bidding and entry behavior in common value auctions. We find, with entry costs, players bid lower in first price and higher in second price auctions, compared to no entry fee auctions.

Original language	English
Pages (from-to)	122-124
Number of pages	3
Journal	Economics Letters
Volume	111
Issue number	2
DOIs	https://doi.org/10.1016/j.econlet.2011.01.011
Publication status	Published - 1 May 2011

Keywords

Common value auctions
Entry costs
Experiments

ASJC Scopus subject areas

Finance
Economics and Econometrics

More information

10.1016/j.econlet.2011.01.011

Cite this

@article{89a45aad33944ca8ba8e2432ce438160,

title = "An experimental investigation of entry cost effects in sealed-bid dollar auctions",

abstract = "We experimentally study the effect of entry costs on bidding and entry behavior in common value auctions. We find, with entry costs, players bid lower in first price and higher in second price auctions, compared to no entry fee auctions.",

keywords = "Common value auctions, Entry costs, Experiments",

author = "Surajeet Chakravarty and Sudeep Ghosh",

year = "2011",

month = may,

day = "1",

doi = "10.1016/j.econlet.2011.01.011",

language = "English",

volume = "111",

pages = "122--124",

journal = "Economics Letters",

issn = "0165-1765",

publisher = "Elsevier B.V.",

number = "2",

}

TY - JOUR

T1 - An experimental investigation of entry cost effects in sealed-bid dollar auctions

AU - Chakravarty, Surajeet

AU - Ghosh, Sudeep

PY - 2011/5/1

Y1 - 2011/5/1

N2 - We experimentally study the effect of entry costs on bidding and entry behavior in common value auctions. We find, with entry costs, players bid lower in first price and higher in second price auctions, compared to no entry fee auctions.

AB - We experimentally study the effect of entry costs on bidding and entry behavior in common value auctions. We find, with entry costs, players bid lower in first price and higher in second price auctions, compared to no entry fee auctions.

KW - Common value auctions

KW - Entry costs

KW - Experiments

UR - http://www.scopus.com/inward/record.url?scp=79951943548&partnerID=8YFLogxK

U2 - 10.1016/j.econlet.2011.01.011

DO - 10.1016/j.econlet.2011.01.011

M3 - Journal article

SN - 0165-1765

VL - 111

SP - 122

EP - 124

JO - Economics Letters

JF - Economics Letters

IS - 2

ER -

An experimental investigation of entry cost effects in sealed-bid dollar auctions

Abstract

Keywords

ASJC Scopus subject areas

More information

Other files and links

Fingerprint

Cite this