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The effect of monetary versus nonmonetary endowment on WTP in BDM auctions

机译:BDM拍卖中货币与非货币end赋对WTP的影响

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摘要

We evaluate the effects of monetary and nonmonetary endowments on willingness to pay (WTP) bids in Becker-DeGroot-Marschak (BDM) experimental auctions. Results indicate that subjects provided with a monetary endowment bid more than those that received a nonmonetary endowment.
机译:我们在Becker-DeGroot-Marschak(BDM)实验拍卖中评估货币和非货币捐赠对支付意愿(WTP)出价的影响。结果表明,拥有货币end赋的对象比接受非货币end赋的对象出价更高。

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