Website
http://dataportal.arc.gov.au/NCGP/API/grants/DP140102949
Funding Status
Closed
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Funded Activity Summary
Information Quality in Auctions of Multiple Objects. This project aims at using both theory and laboratory experiments to analyse the formation of prices and the buyers' behaviour at auctions of multiple objects. The study focusses on the comparison of simultaneous auction procedures (in which the objects are sold at once) to sequential auction procedures (in which the objects are sold one after the other) and attention is drawn on the effects of the quality of the buyers' information about the assets to be sold on their bidding behaviour and on the seller's revenues. The conduct of laboratory experiments will provide a useful assessment of the theoretical predictions and valuable insights into the effects of buyers' information quality on their bidding behaviour at such markets.Funded Activity Details
Start Date: 2014
End Date: 12-2019
Funding Scheme: Discovery Projects
Funding Amount: $138,000.00
Funder: Australian Research Council
Research Topics
ANZSRC Field of Research (FoR)
Microeconomic Theory | Experimental Economics | Applied Economics |
