Hypothetical versus real payments in Vickrey auctions

被引：25

作者：

Blumenschein, K

Johannesson, M

Blomquist, GC

Liljas, B

OConor, RM

机构：

[1] STOCKHOLM SCH ECON,DEPT ECON,S-11383 STOCKHOLM,SWEDEN

[2] UNIV KENTUCKY,COLL PHARM,LEXINGTON,KY 40506

[3] UNIV KENTUCKY,DEPT ECON,LEXINGTON,KY 40506

[4] UNIV KENTUCKY,MARTIN SCH PUBL POLICY & ADM,LEXINGTON,KY 40506

[5] LUND UNIV,DEPT ECON,S-22100 LUND,SWEDEN

来源：

ECONOMICS LETTERS | 1997年 / 56卷 / 02期

关键词：

willingness to pay; auctions; contingent valuation;

D O I：

10.1016/S0165-1765(97)81897-6

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We compare hypothetical and real payments in a Vickrey auction. The use of hypothetical payments overestimates the real willingness to pay. The results cast doubt on the validity of hypothetical willingness to pay questions for the typical respondent. (C) 1997 Elsevier Science S.A.

引用

页码：177 / 180

页数：4

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