Should students be used as subjects in experimental auctions?

Dinah Pura T. Depositario; Rodolfo M. Nayga; Ximing Wu; Tiffany P. Laude

doi:10.1016/j.econlet.2008.11.018

Should students be used as subjects in experimental auctions?

Dinah Pura T. Depositario, Rodolfo M. Nayga, Ximing Wu, Tiffany P. Laude

Department of Food and Resource Economics

Research output: Contribution to journal › Article › peer-review

71 Citations (Scopus)

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.

Original language	English
Pages (from-to)	122-124
Number of pages	3
Journal	Economics Letters
Volume	102
Issue number	2
DOIs	https://doi.org/10.1016/j.econlet.2008.11.018
Publication status	Published - 2009 Feb

Bibliographical note

Copyright:
Copyright 2009 Elsevier B.V., All rights reserved.

Keywords

Experimental auction
Lab experiment
Non-student subjects
Student subjects
Willingness to pay

ASJC Scopus subject areas

Finance
Economics and Econometrics

Access to Document

10.1016/j.econlet.2008.11.018

Cite this

@article{5d3abae36d6440c99c52635628ef2824,

title = "Should students be used as subjects in experimental auctions?",

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 = "Experimental auction, Lab experiment, Non-student subjects, Student subjects, Willingness to pay",

author = "Depositario, {Dinah Pura T.} and Nayga, {Rodolfo M.} and Ximing Wu and Laude, {Tiffany P.}",

year = "2009",

month = feb,

doi = "10.1016/j.econlet.2008.11.018",

language = "English",

volume = "102",

pages = "122--124",

journal = "Economics Letters",

issn = "0165-1765",