期刊名称：Discussion Papers in Economics / Department of Economics, Royal Holloway
出版年度：2010
卷号：2010
出版社：University of London
摘要：We present results from an experiment based on Hafalir and Krishna.s (2008)
model of auctions with resale. As predicted weak bidders bid more with resale than
without, so that resale raises average auction prices. When the equilibrium calls
for weak types to bid higher than their values with resale they do, but not nearly as
much as the theory predicts. When the equilibrium calls for weak bidders to bid at
or below their value with resale, outcomes are much closer to the risk neutral Nash
model.s predictions.
