In-Class Experiments
Feb. 08, 2007:
first-price sealed bid, valuations uniform on [0, $100.00],
n = 13, distribution public knowledge.
Feb. 13, 2007:
second-price sealed bid, valuations uniform on [0, $100.00],
n = 12, distribution public knowledge.
Feb. 20, 2007:
second-price sealed bid, valuations downsloping linearly on [0, $100.00],
n = 17, distribution public knowledge.
Feb. 22, 2007:
first-price sealed bid, valuations downsloping linearly on [0, $100.00],
n = 13, distribution public knowledge.
Feb. 27, 2007:
third-price sealed bid, valuations uniform on [0, $100.00],
n = 13, distribution public knowledge.
March 6, 2007:
First-price, sealed bid, valuations uniform on [0, $100.00],
reserve = $50.00, n = 11, distribution public knowledge.
March 27, 2007:
Winner pays average of others, sealed bid, valuations uniform on [0, $100.00],
n = 14, distribution public knowledge.
April 10, 2007:
Results of pairwise Tournament 2.1: First-price with reserve of 0.5,
n=14, iid valuations uniform on [0,1].
April 12, 2007:
Results of pairwise Tournament 2.2: First-price with reserve of 0.5,
n=12, iid valuations uniform on [0,1].
Click here for plots
of top three entries and the equilibrium.