Engelbrecht-Wiggans Richard

Richard Engelbrecht-Wiggans

Information about the author Richard Engelbrecht-Wiggans will soon be added to the site.
Found 6 papers in total
A direct test of risk aversion and regret in first price sealed-bid auctions
A direct test of risk aversion and regret in first price sealed-bid auctions
2009
Why do bidders tend to bid higher than the risk-neutral Nash equilibrium in sealed-bid...
A comparison of buyer-determined and price-based multiattribute mechanisms
A comparison of buyer-determined and price-based multiattribute mechanisms
2007
Reverse auctions are fast becoming the standard for many procurement activities. In...
E-sourcing in procurement: theory and behavior in reverse auctions with noncompetitive contracts
E-sourcing in procurement: theory and behavior in reverse auctions with noncompetitive contracts
2006
One of the goals of procurement is to establish a competitive price while affording...
Naive bidding
Naive bidding
2005
This paper presents an equilibrium explanation for the persistence of naive bidding....
Low-revenue equilibria in simultaneous ascending-bid auctions
Low-revenue equilibria in simultaneous ascending-bid auctions
2005
Low-revenue equilibria allow participants in an auction to obtain goods at prices...
The effect of regret on optimal bidding in auctions
The effect of regret on optimal bidding in auctions
1989
While most models of auctions and competitive bidding assume that each bidder’s...
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