Improving the Use of Experimental Auctions in Africa: Theory and Evidence

Experimental auctions have not been widely used in Africa. However, auctions are important tools for evaluating new products and technologies. To increase the quality of these experiments, we explore an alternative first-price bidding mechanism that is more similar to African market exchanges and we...

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Bibliographic Details
Main Authors: Ulrich B. Morawetz, Groote Hugo De, Simon Chege Kimenju
Format: Article
Language:English
Published: Western Agricultural Economics Association 2011-08-01
Series:Journal of Agricultural and Resource Economics
Subjects:
Online Access:https://ageconsearch.umn.edu/record/117161