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  • auctions  (2)
  • electrocatalysis  (2)
  • unknown distributions  (2)
  • 1
    Digitale Medien
    Digitale Medien
    Springer
    Journal of risk and uncertainty 1 (1988), S. 61-99 
    ISSN: 1573-0476
    Schlagwort(e): auctions ; bidding theory ; experiments
    Quelle: Springer Online Journal Archives 1860-2000
    Thema: Wirtschaftswissenschaften
    Notizen: Abstract First-price auction theory is extended to the case of heterogeneous bidders characterized byM-parameter log-concave utility functions. This model, and its specific two-parameter constant relative risk averse special case, is generally supported by the results of 47 experiments. The one-parameter special case that comprises most of the theoretical literature is not supported by the experiments. One anomaly for the two-parameter model is that too many of the subjects exhibit positive (or negative) intercepts in their linear estimated bid functions. Accordingly, we develop a specific three-parameter model, which introduces a utility of winning, and a threshold utility of surplus. The new model, tested directly by introducing lump-sum payments or charges for winning, is not falsified by the new experiments.
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 2
    Digitale Medien
    Digitale Medien
    Springer
    Journal of risk and uncertainty 11 (1995), S. 65-79 
    ISSN: 1573-0476
    Schlagwort(e): lottery payoffs ; auctions ; experimental economics
    Quelle: Springer Online Journal Archives 1860-2000
    Thema: Wirtschaftswissenschaften
    Notizen: Abstract The lottery payoff procedure does not successfully induce risk-neutral bidding behavior in first-price, sealedbid auctions. This conclusion follows from both ordinary-least-squares estimation with natural data and leastabsolute-deviation estimation with transformed data from numerous experimental designs. Lottery payoffs do not succeed in inducing behavior predicted from standard expected utility theory assumptions or from assumed utility from winning and/or income thresholds. In contrast, first-price auction experiments with monetary payoffs yield results that are consistent with general models of bidding in the independent private values information environment.
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 3
    Digitale Medien
    Digitale Medien
    Springer
    Experimental economics 2 (2000), S. 197-225 
    ISSN: 1573-6938
    Schlagwort(e): job search ; unknown distributions ; reservation wage property ; controlled experiments
    Quelle: Springer Online Journal Archives 1860-2000
    Thema: Wirtschaftswissenschaften
    Notizen: Abstract The largest market in national economies is the labor market. Labor market contracting is characterized by job search, often from unknown wage offer distributions. This paper reports experimental tests of finite horizon models of job search in which the wage offer distribution is unknown. Theoretically-optimal search from an unknown wage offer distribution can have the seemingly paradoxical property that some offers will be accepted that are lower than other offers that will be rejected in the same period of the search horizon. Thus the reservation wage property (or lowest acceptable wage path) may not exist. This can occur because an offer that is a priori relatively high (“good news”) can imply that it is highly probable that search is from a favorable distribution, and such an offer can look unattractive when it is an a posteriori relatively low offer from a favorable distribution (“bad news”). This paper reports results from experimental treatments for search from unknown distributions in which the reservation wage property does exist and treatments in which it does not exist. We find that the consistency of search behavior with search theory reported in earlier papers is robust to the presence or absence of the reservation wage property and to whether the draws come from known or unknown distributions.
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 4
    Digitale Medien
    Digitale Medien
    Springer
    Experimental economics 2 (2000), S. 197-225 
    ISSN: 1573-6938
    Schlagwort(e): job search ; unknown distributions ; reservation wage property ; controlled experiments ; C91 ; D83 ; J64
    Quelle: Springer Online Journal Archives 1860-2000
    Thema: Wirtschaftswissenschaften
    Notizen: Abstract The largest market in national economies is the labor market. Labor market contracting is characterized by job search, often from unknown wage offer distributions. This paper reports experimental tests of finite horizon models of job search in which the wage offer distribution is unknown. Theoretically-optimal search from an unknown wage offer distribution can have the seemingly paradoxical property that some offers will be accepted that are lower than other offers that will be rejected in the same period of the search horizon. Thus the reservation wage property (or lowest acceptable wage path) may not exist. This can occur because an offer that is a priori relatively high (“good news”) can imply that it is highly probable that search is from a favorable distribution, and such an offer can look unattractive when it is an a posteriori relatively low offer from a favorable distribution (“bad news”). This paper reports results from experimental treatments for search from unknown distributions in which the reservation wage property does exist and treatments in which it does not exist. We find that the consistency of search behavior with search theory reported in earlier papers is robust to the presence or absence of the reservation wage property and to whether the draws come from known or unknown distributions.
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 5
    Digitale Medien
    Digitale Medien
    Springer
    Microchimica acta 127 (1997), S. 131-147 
    ISSN: 1436-5073
    Schlagwort(e): sol-gel chemistry ; xerogels ; electrochemistry ; sensors ; biosensors ; electrocatalysis ; analytical applications
    Quelle: Springer Online Journal Archives 1860-2000
    Thema: Chemie und Pharmazie
    Notizen: Abstract Sol-gel chemistry provides a route to preparing inorganic polymers with ionically conducting properties by room temperature synthetic routes. The products, which are rigid solids, are well-suited as media for conventional electrochemical techniques such as cyclic voltammetry. This property, when combined with their ability to host a wide variety of species, has allowed development of a variety of devices of interest in electrochemistry and analytical chemistry. Examples include cathodes for fuels cells, electrochromic devices, biosensors, and amperometric sensors for analytes in the gas phase. In this review, the emphasis will be on reported applications to analytical chemistry; however, studies on the general properties of these materials and on their use in electrochemical science also will be summarized because they may provide the basis for further development of sensors.
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 6
    Digitale Medien
    Digitale Medien
    Weinheim : Wiley-Blackwell
    Electroanalysis 3 (1991), S. 869-877 
    ISSN: 1040-0397
    Schlagwort(e): Modified electrodes ; electroanalysis ; electrocatalysis ; Chemistry ; Polymer and Materials Science
    Quelle: Wiley InterScience Backfile Collection 1832-2000
    Thema: Chemie und Pharmazie
    Notizen: The electroanalytical utility of electrodes modified with inorganic films is reviewed. Various types of inorganic layers (metal oxides, polynuclear transition metal cyanides, zeolites, metal porphyrins and phthalocyanines) are assessed. Various detection schemes based on these modified surfaces are described in 129 references.
    Zusätzliches Material: 3 Tab.
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
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