Should students be used as subjects in experimental auctions?

D. P T Depositario, Rodolfo M. Nayga, Jr, Ximing Wu, Tiffany P. Laude

Research output: Contribution to journalArticle

54 Citations (Scopus)

Abstract

We examine the bidding behavior of students and non-students in experimental auctions by comparing their willingness to pay (WTP) values for a good. Our results suggest that there is no significant difference between the WTP bids of the two groups.

Original languageEnglish
Pages (from-to)122-124
Number of pages3
JournalEconomics Letters
Volume102
Issue number2
DOIs
Publication statusPublished - 2009 Feb 1
Externally publishedYes

Fingerprint

Willingness-to-pay
Experimental auctions
Bidding behavior
Bid

Keywords

  • Experimental auction
  • Lab experiment
  • Non-student subjects
  • Student subjects
  • Willingness to pay

ASJC Scopus subject areas

  • Economics and Econometrics
  • Finance

Cite this

Depositario, D. P. T., Nayga, Jr, R. M., Wu, X., & Laude, T. P. (2009). Should students be used as subjects in experimental auctions? Economics Letters, 102(2), 122-124. https://doi.org/10.1016/j.econlet.2008.11.018

Should students be used as subjects in experimental auctions? / Depositario, D. P T; Nayga, Jr, Rodolfo M.; Wu, Ximing; Laude, Tiffany P.

In: Economics Letters, Vol. 102, No. 2, 01.02.2009, p. 122-124.

Research output: Contribution to journalArticle

Depositario, DPT, Nayga, Jr, RM, Wu, X & Laude, TP 2009, 'Should students be used as subjects in experimental auctions?', Economics Letters, vol. 102, no. 2, pp. 122-124. https://doi.org/10.1016/j.econlet.2008.11.018
Depositario, D. P T ; Nayga, Jr, Rodolfo M. ; Wu, Ximing ; Laude, Tiffany P. / Should students be used as subjects in experimental auctions?. In: Economics Letters. 2009 ; Vol. 102, No. 2. pp. 122-124.
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