V alue elicitation in retail and laboratory environments *
نویسندگان
چکیده
An increasing number of studies have begun conducting economic experiments in field, rather than laboratory settings. We directly compare results from laboratory and field valuation experiments. After controlling for unengaged bidders, results indicate field valuations were greater than laboratory valuations. Results are discussed in the context of recent literature on commitment costs. 2002 Elsevier Science B.V. All rights reserved.
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