English Versus Vickrey Auctions with Loss Averse Bidders

Vickrey Auctions for Railway Tracks

Operations Research Proceedings 2008 ◽

10.1007/978-3-642-00142-0_89 ◽

2009 ◽

pp. 551-556 ◽

Cited By ~ 1

Author(s):

Ralf Borndörfer ◽

Annette Mura ◽

Thomas Schlechte

Keyword(s):

Vickrey Auctions ◽

Railway Tracks

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Secure Vickrey Auctions without Threshold Trust

Financial Cryptography - Lecture Notes in Computer Science ◽

10.1007/3-540-36504-4_7 ◽

2003 ◽

pp. 87-101 ◽

Cited By ~ 74

Author(s):

Helger Lipmaa ◽

N. Asokan ◽

Valtteri Niemi

Keyword(s):

Vickrey Auctions

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Chapter One. English and Vickrey Auctions

10.1515/9780691233864-003 ◽

2007 ◽

pp. 1-24

Keyword(s):

Vickrey Auctions

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Implementing private Vickrey auctions

Proceedings of the 2005 ACM symposium on Applied computing - SAC '05 ◽

10.1145/1066677.1066861 ◽

2005 ◽

Cited By ~ 1

Author(s):

Ismael Rodriguez ◽

Natalia López

Keyword(s):

Vickrey Auctions

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Assessing the Effect of Information on the Reservation Price for Champagne: What are Consumers Actually Paying for?

Journal of Wine Economics ◽

10.1017/s1931436100000109 ◽

2006 ◽

Vol 1 (1) ◽

pp. 75-88 ◽

Cited By ~ 20

Author(s):

Pierre Combris ◽

Christine Lange ◽

Sylvie Issanchou

Keyword(s):

Willingness To Pay ◽

Detailed Analysis ◽

Sensory Information ◽

Jel Classification ◽

Reservation Price ◽

Vickrey Auctions ◽

Individual Behaviors ◽

Reservation Prices ◽

Large Heterogeneity

AbstractTwo series of Vickrey auctions have been performed to assess the effect of packaging information (bottle and label) on the reservation prices of ordinary consumers for five brut non-vintage Champagnes. As in other studies on wine tasting, packaging information is found to explain much more of the variation in willingness to pay than sensory information. Participants are unable, or unwilling, to put different values on the Champagnes after blind tasting, but significant differences in reservation prices appear when labels are disclosed. Detailed analysis of choices reveals a large heterogeneity in individual behaviors and valuations of the Champagnes included in this study. (JEL Classification: C91, D12)

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