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Large-scale Multi-item Auctions : Evidence from Multimedia-supported Experiments
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ISBN: 1000029329 3866449046 Year: 2012 Publisher: KIT Scientific Publishing

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Abstract

This book presents two experimental studies that deal with the comparison of multi-item auction designs for two specific applications: the sale of 2.6 GHz radio spectrum rights in Europe, and the sale of emissions permits in Australia. In order to tackle the complexity of these experiments, a cognitively based toolkit is proposed, including modularized video instructions, comprehension tests, a learning platform, a graphical one-screen user interface, and comprehension-based group matching.

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