{"id":"https://openalex.org/W2136259140","doi":"https://doi.org/10.1093/ei/40.4.611","title":"BIDDING BEHAVIOR AND DECISION COSTS IN FIELD EXPERIMENTS","display_name":"BIDDING BEHAVIOR AND DECISION COSTS IN FIELD EXPERIMENTS","publication_year":2002,"publication_date":"2002-09-05","ids":{"openalex":"https://openalex.org/W2136259140","doi":"https://doi.org/10.1093/ei/40.4.611","mag":"2136259140"},"language":"en","primary_location":{"id":"doi:10.1093/ei/40.4.611","doi":"https://doi.org/10.1093/ei/40.4.611","is_oa":false,"landing_page_url":"https://doi.org/10.1093/ei/40.4.611","pdf_url":null,"source":{"id":"https://openalex.org/S206615888","display_name":"Economic Inquiry","issn_l":"0043-3640","issn":["0043-3640","0095-2583","1465-7295"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economic Inquiry","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5083530241","display_name":"John A. List","orcid":"https://orcid.org/0000-0002-1740-3848","observed_orcids":["https://orcid.org/0000-0002-1740-3848"]},"institutions":[{"id":"https://openalex.org/I66946132","display_name":"University of Maryland, College Park","ror":"https://ror.org/047s2c258","country_code":"US","type":"education","lineage":["https://openalex.org/I66946132"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"John A. List","raw_affiliation_strings":["List: Professor, 2200 Symans Hall, University of Maryland, College Park, MD 22742. E-mail [email protected]"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"List: Professor, 2200 Symans Hall, University of Maryland, College Park, MD 22742. E-mail [email protected]","institution_ids":["https://openalex.org/I66946132"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5081078707","display_name":"David Lucking\u2010Reiley","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I138006243","display_name":"University of Arizona","ror":"https://ror.org/03m2x1q45","country_code":"US","type":"education","lineage":["https://openalex.org/I138006243"]},{"id":"https://openalex.org/I40347166","display_name":"University of Chicago","ror":"https://ror.org/024mw5h28","country_code":"US","type":"education","lineage":["https://openalex.org/I40347166"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"David Lucking\u2010Reiley","raw_affiliation_strings":["Lucking-Reiley: Associate Professor, Department of Economics, 401 McClelland Hall, University of Arizona, Tucson, AZ 85721. E-mail [email protected]","We thank William Neilson and two nony;mous reviewers for very helpful comments. Seminar partiipants at the University of Maryland, University of Chicago, and University of Arizona provided constructilve comments. Any errors remain our own","We thank William Neilson and two nony","mous reviewers for very helpful comments. Seminar partiipants at the University of Maryland, University of Chicago, and University of Arizona provided constructilve comments. Any errors remain our own"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Lucking-Reiley: Associate Professor, Department of Economics, 401 McClelland Hall, University of Arizona, Tucson, AZ 85721. E-mail [email protected]","institution_ids":["https://openalex.org/I138006243"]},{"raw_affiliation_string":"We thank William Neilson and two nony;mous reviewers for very helpful comments. Seminar partiipants at the University of Maryland, University of Chicago, and University of Arizona provided constructilve comments. Any errors remain our own","institution_ids":["https://openalex.org/I40347166"]},{"raw_affiliation_string":"We thank William Neilson and two nony","institution_ids":[]},{"raw_affiliation_string":"mous reviewers for very helpful comments. Seminar partiipants at the University of Maryland, University of Chicago, and University of Arizona provided constructilve comments. Any errors remain our own","institution_ids":["https://openalex.org/I138006243","https://openalex.org/I40347166"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5081078707","https://openalex.org/A5083530241"],"corresponding_institution_ids":["https://openalex.org/I138006243","https://openalex.org/I40347166","https://openalex.org/I66946132"],"apc_list":{"value":3400,"currency":"USD","value_usd":3400},"apc_paid":null,"fwci":6.5848,"has_fulltext":false,"cited_by_count":61,"citation_normalized_percentile":{"value":0.965073,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"40","issue":"4","first_page":"611","last_page":"619"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9634000062942505,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9634000062942505,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10646","display_name":"Experimental Behavioral Economics Studies","score":0.02280000038444996,"subfield":{"id":"https://openalex.org/subfields/3311","display_name":"Safety Research"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.012900000438094139,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/bidding-behavior","display_name":"bidding behavior","score":0.9139999747276306},{"id":"https://openalex.org/keywords/strategic-bidding","display_name":"strategic bidding","score":0.6729999780654907},{"id":"https://openalex.org/keywords/cognitive-cost","display_name":"cognitive cost","score":0.6470000147819519},{"id":"https://openalex.org/keywords/decision-costs","display_name":"decision costs","score":0.578000009059906},{"id":"https://openalex.org/keywords/sealed-bid-auctions","display_name":"sealed-bid auctions","score":0.7929999828338623},{"id":"https://openalex.org/keywords/auction-participation","display_name":"auction participation","score":0.3970000147819519},{"id":"https://openalex.org/keywords/bidder-experience","display_name":"bidder experience","score":0.6579999923706055},{"id":"https://openalex.org/keywords/expected-payoff","display_name":"expected payoff","score":0.6629999876022339},{"id":"https://openalex.org/keywords/rationality","display_name":"rationality","score":0.503000020980835},{"id":"https://openalex.org/keywords/field-experiments","display_name":"field experiments","score":0.4659999907016754}],"concepts":[{"id":"https://openalex.org/C9233905","wikidata":"https://www.wikidata.org/wiki/Q3276328","display_name":"Bidding","level":2,"score":0.8201826810836792},{"id":"https://openalex.org/C163239763","wikidata":"https://www.wikidata.org/wiki/Q5153637","display_name":"Common value auction","level":2,"score":0.8057751655578613},{"id":"https://openalex.org/C201717286","wikidata":"https://www.wikidata.org/wiki/Q938185","display_name":"Rationality","level":2,"score":0.6648910045623779},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6630153059959412},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.645713746547699},{"id":"https://openalex.org/C9652623","wikidata":"https://www.wikidata.org/wiki/Q190109","display_name":"Field (mathematics)","level":2,"score":0.5212629437446594},{"id":"https://openalex.org/C58694771","wikidata":"https://www.wikidata.org/wiki/Q814385","display_name":"Bounded rationality","level":2,"score":0.45590299367904663},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C202444582","wikidata":"https://www.wikidata.org/wiki/Q837863","display_name":"Pure mathematics","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0}],"mesh":[],"locations_count":5,"locations":[{"id":"doi:10.1093/ei/40.4.611","doi":"https://doi.org/10.1093/ei/40.4.611","is_oa":false,"landing_page_url":"https://doi.org/10.1093/ei/40.4.611","pdf_url":null,"source":{"id":"https://openalex.org/S206615888","display_name":"Economic Inquiry","issn_l":"0043-3640","issn":["0043-3640","0095-2583","1465-7295"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economic Inquiry","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:feb:framed:00181","doi":null,"is_oa":false,"landing_page_url":"http://s3.amazonaws.com/fieldexperiments-papers2/papers/00181.pdf","pdf_url":"http://s3.amazonaws.com/fieldexperiments-papers2/papers/00181.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:RePEc:van:wpaper:0006","doi":null,"is_oa":false,"landing_page_url":"http://www.accessecon.com/pubs/VUECON/vu00-w06.pdf","pdf_url":"http://www.accessecon.com/pubs/VUECON/vu00-w06.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.8.9897","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.8.9897","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://eller.arizona.edu/~reiley/papers/CognitiveBidding.pdf","raw_type":"text"},{"id":"mag:3122868500","doi":null,"is_oa":false,"landing_page_url":"https://EconPapers.repec.org/RePEc:van:wpaper:0006","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"score":0.5699999928474426,"display_name":"Peace, justice, and strong institutions","id":"https://metadata.un.org/sdg/16"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":17,"referenced_works":["https://openalex.org/W1496826407","https://openalex.org/W1526813172","https://openalex.org/W1549789182","https://openalex.org/W1580612905","https://openalex.org/W1987211636","https://openalex.org/W1987768043","https://openalex.org/W1998328777","https://openalex.org/W2008799232","https://openalex.org/W2015007620","https://openalex.org/W2037516786","https://openalex.org/W2052475340","https://openalex.org/W2078040677","https://openalex.org/W2105705711","https://openalex.org/W2120100612","https://openalex.org/W2147330019","https://openalex.org/W4244837625","https://openalex.org/W4246157496"],"related_works":["https://openalex.org/W7095249225","https://openalex.org/W6906533388","https://openalex.org/W1994386367","https://openalex.org/W7095492966","https://openalex.org/W2910921733","https://openalex.org/W7100534105","https://openalex.org/W1993415685","https://openalex.org/W3123955491","https://openalex.org/W2271265676","https://openalex.org/W2913992833"],"abstract_inverted_index":{"Whether":[0],"rationality":[1],"of":[2,46,63,82],"economic":[3],"behavior":[4,68],"increases":[5],"with":[6,11,30,79,89],"expected":[7],"payoffs":[8],"and":[9],"decreases":[10],"the":[12,64,80],"cognitive":[13,83],"cost":[14],"it":[15],"takes":[16],"to":[17,97],"formulate":[18],"an":[19,23],"optimal":[20],"strategy":[21],"remains":[22],"open":[24],"question.":[25],"We":[26,74],"explore":[27],"these":[28],"issues":[29],"field":[31],"data,":[32],"using":[33],"individual":[34],"bids":[35],"from":[36],"sealed\u2010bid":[37],"auctions":[38,92],"in":[39],"which":[40],"we":[41],"sold":[42],"nearly":[43],"$10,000":[44],"worth":[45],"sports":[47,90],"cards.":[48,73],"Our":[49],"results":[50],"indicate":[51],"that":[52],"stakes":[53],"do":[54],"indeed":[55],"matter,":[56],"as":[57,85],"high\u2010priced":[58],"($70)":[59],"cards":[60],"produced":[61],"more":[62,87],"theoretically":[65],"predicted":[66],"strategic":[67],"than":[69,100],"did":[70,101],"lower\u2010priced":[71],"($3)":[72],"find":[75],"additional":[76],"evidence":[77],"consistent":[78],"importance":[81],"costs,":[84],"subjects":[86],"experienced":[88,103],"card":[91],"exhibited":[93],"a":[94],"greater":[95],"tendency":[96],"behave":[98],"strategically":[99],"less":[102],"bidders.":[104]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":3},{"year":2015,"cited_by_count":2},{"year":2014,"cited_by_count":3},{"year":2013,"cited_by_count":4},{"year":2012,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}