Bidding in common value fair division games

Conference object, Preprint English OPEN
Brünner, Tobias; Becker, Alice;
  • Publisher: ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft Kiel und Hamburg
  • Subject: D44 | D03 | C91
    • jel: jel:D44 | jel:D03 | jel:C91
      ddc: ddc:330

In a fair division game an indivisible object with an unknown common value is owned by a group of individuals and should be allocated to one of them while the others are compensated monetarily. Implementing fair division games in the lab, we fi nd many occurrences of th... View more
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