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 |
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Pages (from-to) | 122-124 |
Number of pages | 3 |
Journal | Economics Letters |
Volume | 102 |
Issue number | 2 |
DOIs | |
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