Effect of Induced Mood on Bidding in Random nth Price Auctions
C. Monica Capra, Kelli F. Laniera, and Shireen Meer
Journal of Economic Behavior and Organization 75(2)
Shireen Meer coauthored a paper about the effects of mood on decisions in random nth-price auctions and possible ways in which mood can affect behavior. The authors review willingness to pay, upward bidding bias, and induced value condition.