Should students be used as subjects in experimental auctions?

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

Research output: Contribution to journalArticlepeer-review

71 Citations (Scopus)


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 languageEnglish
Pages (from-to)122-124
Number of pages3
JournalEconomics Letters
Issue number2
Publication statusPublished - 2009 Feb

Bibliographical note

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


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

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics


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