Should students be used as subjects in experimental auctions?

abstract

• We examine the bidding behavior of students and non-students in experimental auctions by comparing their willingness to pay (WTP) values for a good. Our results suggest that there is no significant difference between the WTP bids of the two groups. 2008 Elsevier B.V. All rights reserved.

authors

• Nayga, Rodolfo
• Wu, Ximing

published proceedings

• ECONOMICS LETTERS

author list (cited authors)

• Depositario, D., Nayga, R., Wu, X., & Laude, T. R.

citation count

• 66

complete list of authors

• Depositario, Dinah Pura T||Nayga, Rodolfo M Jr||Wu, Ximing||Laude, Tiffany R

publication date

• February 2009

publisher

• Elsevier  Publisher

published in

• Economics Letters  Journal

keywords

• Experimental Auction
• Lab Experiment
• Non-student Subjects
• Student Subjects
• Willingness To Pay

Digital Object Identifier (DOI)

• 10.1016/j.econlet.2008.11.018

start page

• 122

end page

• 124

volume

• 102

issue

• 2

URL

• http://dx.doi.org/10.1016/j.econlet.2008.11.018