Should students be used as subjects in experimental auctions?

Issue Date

2-2009

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. © 2008 Elsevier B.V. All rights reserved.

Source or Periodical Title

Economics Letters

ISSN

1651765

Volume

102

Issue

2

Page

122-124

Document Type

Article

Language

English

Subject

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

Identifier

https://doi.org/10.1016/j.econlet.2008.11.018

Digital Copy

YES

Link to Full Text

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