Multi-dimensional reference-dependent preferences in sealed-bid auctions – How (most) laboratory experiments differ from the field - Lange, Andreas; Ratan, Anmol (Games and economic behavior, 2010)
Keywords: Auction; Auction Loss aversion Reference dependence Revenue equivalence Laboratory experiments Induced value Field data; Auctions; Bidding; Bids; Comparative analysis; Economic models; Experiments; Field data; Induced value; Laboratories; Laboratory; Laboratory experiments; Loss; Loss aversion; Preferences; Reference dependence; Revenue equivalence; Risk aversion; Strategic behaviour; Studies; Reference dependence; Induced value; Field data; D44; Auction; C91; Revenue equivalence; C93; Laboratory experiments; Loss aversion