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.