Title |
Common Value Auction
|
Author |
Charles Holt |
|
Category
|
Auctions
|
Subject |
First Price Common Value Auction |
Type |
Experiment Software |
Description |
This program implements a first price common value auction in which each bidder receives a random draw from a uniform distribution. The value of the prize is the average of these draws, so each bidder only sees a part of the common value. |
URL |
http://veconlab.econ.virginia.edu/cv/cv.php |
