OVERBIDDING AND HETEROGENEOUS BEHAVIOR IN CONTEST EXPERIMENTS: A COMMENT ON THE ENDOWMENT EFFECT

We revisit the meta‐analysis of Sheremeta on overbidding in contest experiments and focus on the effect of endowment on overbidding. Sheremeta assumes, and finds evidence of, an increasing linear relationship between endowment and overbidding, Quantal Response Equilibrium (QRE) predicts an increasin...

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Bibliographic details
Volume: 31
Main Author: Chowdhury, Subhasish M
Moffatt, Peter G
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: HOBOKEN WILEY 01.04.2017
Wiley Subscription Services, Inc
published in: Journal of economic surveys Vol. 31; no. 2; pp. 572 - 576
Data of publication: April 2017
ISSN: 0950-0804
1467-6419
EISSN: 1467-6419
Classification Codes:

Discipline: Economics
Subjects:
Online Access: available in Bonn?
Database: Web of Knowledge
Social Sciences Citation Index
Web of Science
Web of Science - Social Sciences Citation Index - 2017
Academic OneFile (A&I only)
OpenAIRE (Open Access)
OpenAIRE
Database information Databases - DBIS