Title

Hypothetical-actual bid calibration of a multigood auction

Keywords

C9; Calibration; Clusters; Q0; Valuation

Abstract

Evidence suggests the calibration of hypothetical and actual behavior is good-specific. We examine whether clustering commodities into mutual categories can reduce the burden. While we reject a common calibration across sets of commodities, a sport-specific calibration function cannot be rejected.

Publication Date

9-1-1998

Publication Title

Economics Letters

Volume

60

Issue

3

Number of Pages

263-268

Document Type

Article

Personal Identifier

scopus

DOI Link

https://doi.org/10.1016/s0165-1765(98)00117-7

Socpus ID

0032347686 (Scopus)

Source API URL

https://api.elsevier.com/content/abstract/scopus_id/0032347686

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