Rationality, irrationality and escalating behavior in lowest unique bid auctions

PLoS ONE

Volumn 7, Issue 1, 2012, Pages

  Radicchi, Filippo ^a,b,c   Baronchelli, Andrea ^d   Amaral, Luís A N ^a,b  

^a NORTHWESTERN UNIVERSITY   (United States)

^b Northwestern University   (United States)

^c UNIVERSITAT ROVIRA I VIRGILI   (Spain)

^d UNIVERSITAT POLITÈCNICA DE CATALUNYA   (Spain)

Author keywords

[No Author keywords available]

Indexed keywords

ARTICLE; CONTROLLED STUDY; FUNDING; LEVY FLIGHT STRATEGY; LOWEST UNIQUE BID AUCTION; MARKETING; ONLINE SYSTEM; PROBABILITY; PROCESS OPTIMIZATION; PROFIT; QUANTITATIVE MODEL; SOCIAL PARTICIPATION; THEORETICAL MODEL; ALGORITHM; ANIMAL; COMMERCIAL PHENOMENA; COMPETITIVE BEHAVIOR; ECONOMICS; FINANCIAL MANAGEMENT; HUMAN; INTERNET; STATISTICAL MODEL;

ANIMALIA;

ALGORITHMS; ANIMALS; COMMERCE; COMPETITIVE BEHAVIOR; COMPETITIVE BIDDING; HUMANS; INTERNET; MARKETING; MODELS, ECONOMIC;

EID: 84855935988     PISSN: None     EISSN: 19326203     Source Type: Journal    
DOI: 10.1371/journal.pone.0029910     Document Type: Article

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