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. (C) 2011 Elsevier B.V. All rights reserved.
Philippe Mauron, Mariana Spodaryk, Marco Roman Holzer
César Pulgarin, Juan Kiwi, Rosendo Sanjines, Helena Luisa Teixido Pedarros, Laura Victoria Suárez Murillo