Construct · 1 fields · 1 citations

overbidding in contests: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Experimental economics

the robust laboratory pattern in which contestants spend more on winning a prize than the Nash prediction, often dissipating more than the prize value.

In experimental economics, overbidding in contests refers to the robust laboratory pattern in which contestants spend more on winning a prize than the Nash prediction, often dissipating more than the prize value. This meaning comes from Sheremeta (2013) in Overbidding and Heterogeneous Behavior in Contest Experiments.[1]

Unit
Recovery means
Measured by

Run it through the Collider, or take the citations with you.

See how overbidding in contests sits against neighbouring constructs in the Collider, or export every reference on this page in one click.

Open in Collider Export BibTeX Report this entry

Nearby constructs

pattern4 fields · 5 citationsjingle · one word, four constructs prediction3 fields · 4 citationsjingle · one word, three constructs value6 fields · 12 citationsjingle · one name, six constructs

References

Sheremeta, R. M. (2013). Overbidding and Heterogeneous Behavior in Contest Experiments. Elsevier BV. https://doi.org/10.2139/ssrn.2197151

Cited on this page?

Confirm your construct, or correct us.

If your work is cited behind one of these entries, you know better than we do whether we captured the meaning right. Confirm it, suggest an edit, or dispute it, and your name goes on the entry as an author who has checked it, linked to your ORCID.

Claim your construct