Penny auction game : sunk cost fallacy, loss aversion and bounded rationality.
We have analyzed a new auction format where bid fees are incurred whenever bidders want to participate in auctions. We have collected a total of 464 auctions and captured 8431 bidders throughout a period of three months. Our research has adopted various techniques including regression and graphical...
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Format: | Final Year Project (FYP) |
Language: | English |
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2011
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Online Access: | http://hdl.handle.net/10356/44476 |
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author | Chan, Pheng. Ng, Wei Liang. Wong, Heng Liang. |
author2 | School of Humanities and Social Sciences |
author_facet | School of Humanities and Social Sciences Chan, Pheng. Ng, Wei Liang. Wong, Heng Liang. |
author_sort | Chan, Pheng. |
collection | NTU |
description | We have analyzed a new auction format where bid fees are incurred whenever bidders want to participate in auctions. We have collected a total of 464 auctions and captured 8431 bidders throughout a period of three months. Our research has adopted various techniques including regression and graphical analyses on evolution of variables of interests. |
first_indexed | 2024-10-01T06:21:15Z |
format | Final Year Project (FYP) |
id | ntu-10356/44476 |
institution | Nanyang Technological University |
language | English |
last_indexed | 2024-10-01T06:21:15Z |
publishDate | 2011 |
record_format | dspace |
spelling | ntu-10356/444762019-12-10T13:52:15Z Penny auction game : sunk cost fallacy, loss aversion and bounded rationality. Chan, Pheng. Ng, Wei Liang. Wong, Heng Liang. School of Humanities and Social Sciences Yohanes Eko Riyanto DRNTU::Social sciences::Economic theory We have analyzed a new auction format where bid fees are incurred whenever bidders want to participate in auctions. We have collected a total of 464 auctions and captured 8431 bidders throughout a period of three months. Our research has adopted various techniques including regression and graphical analyses on evolution of variables of interests. Bachelor of Arts 2011-06-02T01:14:33Z 2011-06-02T01:14:33Z 2011 2011 Final Year Project (FYP) http://hdl.handle.net/10356/44476 en Nanyang Technological University 99 p. application/pdf |
spellingShingle | DRNTU::Social sciences::Economic theory Chan, Pheng. Ng, Wei Liang. Wong, Heng Liang. Penny auction game : sunk cost fallacy, loss aversion and bounded rationality. |
title | Penny auction game : sunk cost fallacy, loss aversion and bounded rationality. |
title_full | Penny auction game : sunk cost fallacy, loss aversion and bounded rationality. |
title_fullStr | Penny auction game : sunk cost fallacy, loss aversion and bounded rationality. |
title_full_unstemmed | Penny auction game : sunk cost fallacy, loss aversion and bounded rationality. |
title_short | Penny auction game : sunk cost fallacy, loss aversion and bounded rationality. |
title_sort | penny auction game sunk cost fallacy loss aversion and bounded rationality |
topic | DRNTU::Social sciences::Economic theory |
url | http://hdl.handle.net/10356/44476 |
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