Penny auction game : sunk cost fallacy, loss aversion and bounded rationality.

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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Main Authors: Chan, Pheng., Ng, Wei Liang., Wong, Heng Liang.
Other Authors: School of Humanities and Social Sciences
Format: Final Year Project
Language:English
Published: 2011
Subjects:
DRNTU::Social sciences::Economic theory
Online Access:http://hdl.handle.net/10356/44476
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Institution: Nanyang Technological University
Language: English
id sg-ntu-dr.10356-44476
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spelling sg-ntu-dr.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
institution Nanyang Technological University
building NTU Library
country Singapore
collection DR-NTU
language English
topic DRNTU::Social sciences::Economic theory
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.
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.
author2 School of Humanities and Social Sciences
author_facet School of Humanities and Social Sciences
Chan, Pheng.
Ng, Wei Liang.
Wong, Heng Liang.
format Final Year Project
author Chan, Pheng.
Ng, Wei Liang.
Wong, Heng Liang.
author_sort Chan, Pheng.
title 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_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_sort penny auction game : sunk cost fallacy, loss aversion and bounded rationality.
publishDate 2011
url http://hdl.handle.net/10356/44476
_version_ 1681043736737349632

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