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Query: faculty: "FEB" and publication year: "2007"

AuthorsA.J.H.C. Schram, A.M. Onderstal
TitleBidding to give : an experimental comparison of auctions for charity
Year2007
Title seriesMimeo, University of Amsterdam
FacultyFaculty of Economics and Business
Institute/dept.FEB: Amsterdam School of Economics Research Institute (ASE-RI)
AbstractWe experimentally compare three mechanisms used to raise money for charities: first-price
winner-pay auctions, first-price all-pay auctions, and lotteries. We stay close to the
characteristics of most charity auctions by using an environment with incomplete information
and independent private values. Our results support theoretical predictions by showing that
the all-pay format raises substantially higher revenue than the other mechanisms.
Document typeReport
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