Theory and Behavior of Multiple Unit Discriminative Auctions
通过受控实验检验Harris-Raviv对Vickrey多单位歧视性拍卖理论的推广，并根据实验结果进一步发展理论，纳入具有不同风险偏好的竞拍者。
ABSTRACT This paper reports the results of controlled experiments designed to test the Harris‐Raviv generalization of the Vickrey theory of bidding in multiple unit discriminative auctions. The paper also discusses further development of the theory—in a way suggested by the experimental results—to include bidders with distinct risk preferences.