• Working Paper

Demand Curve Shifts in Multi-Unit Auctions: Evidence from a Laboratory Experiment

Citation

Rousu, M., & Corrigan, J. (2003). Demand Curve Shifts in Multi-Unit Auctions: Evidence from a Laboratory Experiment.

Abstract

Many auctions sell multiple units, but the effect of selling complementary or substitutable products on consumer bids is not known. We show that auction participants change their bids when presented with multiple units that are complements or substitutes.