Are bidders in auctions anchored by their bidder number?

Research output: Contribution to journalArticle

Abstract

ABSTRACT: This article examines whether bidders in a school fundraising auction were anchored by their bidder number. We find no evidence that they were.

Original languageEnglish (US)
Pages (from-to)559-561
Number of pages3
JournalApplied Economics Letters
Volume23
Issue number8
DOIs
StatePublished - May 23 2016

Keywords

  • anchoring
  • Auctions
  • deadweight loss

ASJC Scopus subject areas

  • Economics and Econometrics

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