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Competition strength influences individual preferences in an auction game

Competitive interactions between individuals are ubiquitous in human societies. Auctions represent an institutionalized context for these interactions, a context where individuals frequently make non-optimal decisions. In particular, competition in auctions can lead to overbidding, resulting in the...

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Detalles Bibliográficos
Autores principales: Toelch, Ulf, Jubera-Garcia, Esperanza, Kurth-Nelson, Zeb, Dolan, Raymond J.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier 2014
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4175410/
https://www.ncbi.nlm.nih.gov/pubmed/25168161
http://dx.doi.org/10.1016/j.cognition.2014.07.010