Using experimental auctions for marketing applications: A discussion
Journal of Agricultural and Applied Economics, Aug 2003 by Lusk, Jayson L
6 This section has greatly benefited from discussions with Bailey Norwood.
References
Balistreri, E.C., G. McClelland, G. Poe, and W. Schulze. "Can Hypothetical Questions Reveal True Values? A Laboratory Comparison of Dichotomous Choice and Open-Ended Contingent Values with Auction Values." Environmental and Resource Economics 18(2001):275-92.
Becker, G.M., M.H. DeGroot, and J. Marschak. "Measuring Utility by a Single-Response Sequential Method." Behavioural Science 9(1964):226-32.
Buhr, B.L., D.J. Hayes, J.F. Shogren, and J.B. Kliebenstein. "Valuing Ambiguity: The Case of Genetically Engineered Growth Enhancers." Journal of Agricultural and Resource Econonomics 18(1993):175.
Buzby, J.C., J.A. Fox, R.C. Ready, and S.R. Crutchfield. "Measuring Consumer Benefits of Food Safety Risk Reductions." Journal of Agricultural and Applied Economics 10(1998):69-82.
Cherry, T., T. Crocker, and J. Shogren. "Rationality Spillovers." Journal of Environmental Economics and Management 45(2003):63-84.
Coppinger, V.M., V.L. Smith, and J.A. Titus. "Incentives and Behavior in English, Dutch, and Sealed-Bid Auctions." Economic Inquiry 43(1980):1-22.
Cummings, R.G., G.W. Harrison, and E.E. Rutstrom. "Homegrown Values and Hypothetical Surveys: Is the Dichotomous Choice Approach Incentive-Compatible?" American Economic Review 85(1995):260-66.
DeShazo, J.R., and G. Fermo. "Designing Choice Sets for Stated Preference Methods: The Effects of Complexity on Choice Consistency." Journal of Environmental Economics and Management 44(2002):123-143.
Dickinson, D.L., and D. Bailey. "Meat Traceability: Are U.S. Consumers Willing To Pay for It?" Journal of Agricultural and Resource Economics 27(2002):348-64.
Fox, J.A. "Determinants of Consumer Acceptability of Bovine Somatotropin." Review of Agricultural Economics 17(1995):51-62.
Fox, J.A., J.F. Shogren, D.J. Hayes, and J.B. Kliebenstein. "CVM-X: Calibrating Contingent Values with Experimental Auction Markets." American Journal of Agricultural Economics 80(1998):455-65.
Frykblom, P., and J.F. Shogren. "An Experimental Testing of Anchoring Effects in Discrete Choice Questions." Environmental and Resource Economics 16(2000):329-41.
Hayes, D.J., J.F. Shogren, S.U. Shin, and J.B. Kliebenstein. "Valuing Food Safety in Experimental Auction Markets." American Journal of Agricultural Economics 77(1995):40-53.
Harrison, G.W., R.M. Harstad, and E. Rutstrom. "Experimental Methods and Elicitation of Values." Working paper, University of South Carolina, Department of Economics, 2002.
Hoffman, E., D. Menkhaus, D. Chakravarit, R. Field, and G. Whipple. "Using Laboratory Experimental Auctions in Marketing Research: A Case Study of New Packaging for Fresh Beef." Marketing Science 12(1993):318-38.
Kagel, J.H., R.M. Harstad, and D. Levin. "Information Impact and Allocation Rules in Auctions with Affiliated Private Values: A Laboratory Study." Econometrica 55(1987):1275-1304.
Lancaster, K. "A New Approach to Consumer Theory." Journal of Political Economy 74(1966):132-57.
List, J.A., and D. Lucking-Reiley. "Demand Reduction in Multiunit Auctions: Evidence from a Sportscard Field Experiment." American Economic Review 90(2000):961-72.
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article


