Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/71933
Authors: 
Ibanez, Marcela
Czermak, Simon
Sutter, Matthias
Year of Publication: 
2008
Series/Report no.: 
Working Papers in Economics and Statistics 2008-05
Abstract: 
We study behavior in a search experiment where sellers receive randomized bids from a computer. At any time, sellers can accept the highest standing bid or ask for another bid at positive costs. We find that sellers stop searching earlier than theoretically optimal. Inducing a mild form of time pressure strengthens this finding in the early periods. There are marked gender differences. Men search significantly shorter than women. If subjects search in groups of two subjects, there is no difference to individual search, but teams of two women search much longer than men and recall more frequently.
Subjects: 
search experiment
time
group decision
gender differences
JEL: 
C91
C92
D83
Document Type: 
Working Paper

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