Modern Economy

Vol.8 No.7(2017), Paper ID 77960, 11 pages

DOI:10.4236/me.2017.87067

 

Analysis on Impact of Individual’s Bid Propensity on Optimal Bidding of “Naive-Rational” Bidders

 

Yiqing Tang, Weijie Yuan, Cuihong Luo

 

School of Economics and Management, Southwest Jiaotong University, Chengdu, China
School of Economics and Management, Southwest Jiaotong University, Chengdu, China
Foreign Language Department, Chengdu Textile College, Chengdu, China

 

Copyright © 2017 Yiqing Tang, Weijie Yuan, Cuihong Luo et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

 

How to Cite this Article


Tang, Y. , Yuan, W. and Luo, C. (2017) Analysis on Impact of Individual’s Bid Propensity on Optimal Bidding of “Naive-Rational” Bidders. Modern Economy, 8, 959-969. doi: 10.4236/me.2017.87067.

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