Competition strength influences individual preferences in an auction game
نویسندگان
چکیده
منابع مشابه
Competition strength influences individual preferences in an auction game
Competitive interactions between individuals are ubiquitous in human societies. Auctions represent an institutionalized context for these interactions, a context where individuals frequently make non-optimal decisions. In particular, competition in auctions can lead to overbidding, resulting in the so-called winner's curse, often explained by invoking emotional arousal. In this study, we invest...
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ژورنال
عنوان ژورنال: Cognition
سال: 2014
ISSN: 0010-0277
DOI: 10.1016/j.cognition.2014.07.010