An augmented Becker–DeGroot–Marschak mechanism for transaction cycles

C-Tier
Journal: Economics Letters
Year: 2012
Volume: 114
Issue: 1
Pages: 43-46

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We introduce an augmented Becker–DeGroot–Marschak mechanism for the revelation of willingness-to-accept and willingness-to-pay in transaction cycles. The mechanism can be used to test for a behavioral anomaly.

Technical Details

RePEc Handle
repec:eee:ecolet:v:114:y:2012:i:1:p:43-46
Journal Field
General
Author Count
1
Added to Database
2026-01-29