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Large-scale Multi-item Auctions : Evidence from Multimedia-supported Experiments

Large-scale Multi-item Auctions : Evidence from Multimedia-supported Experiments

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This book presents two experimental studies that deal with the comparison of multi-item auction designs for two specific applications: the sale of 2.6 GHz radio spectrum rights in Europe, and the sale of emissions permits in Australia. In order to tackle the complexity of these experiments, a cognitively based toolkit is proposed, including modularized video instructions, comprehension tests, a learning platform, a graphical one-screen user interface, and comprehension-based group matching.

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Keywords

  • emissions permits
  • methodology of experimental economics
  • multi-item auction experiments
  • spectrum rights
  • video instructions

Links

DOI: 10.5445/KSP/1000029329

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