WTP and WTA gap, induced value auctions, test theory;
Contingent valuation and hypothetical bias: dichotomous choices, payment cards,
Calibration methods and cheap talk.
Auction theory: incentive compatibility;
Econometric models for auction data;
Empirical modeling of data from auctions;
Experimental Auction case studies;
Examples of Auctions (computerized);
Auctions in practice/design issues (endowment vs full bidding, multiple rounds, multiple
products, stochastic fees, sample size, bid affiliation, training, etc.);
Hands-on programming auctions in ztree;
Models for data analysis;
Analysis of auction data;
Summing up, questions and discussion;
Presentation of participants' own project;
Online questionnaire test
The detailed timetable will be made available to the enrolled participants.
How to reach the School venue
The summer school will take place at the Campus la Gaillarde INRA / Montpellier SupAgro
2, place Pierre Viala
34060 Montpellier Cedex 2, France
campus is close to the centre of town, 1500 metres from the Arc de Triomphe (Port du Peyrou) and 3 km from the Central Station.
How to reach Montpellier
Montpellier can be reached in several ways.
An overview is available here.
- Aéroport Montpellier Méditerranée
From Montpellier Méditerrannée airport, take the shuttle (navette) to downtown Montpellier. Take the tramway line 1 (blue) direction Mosson and stop at the train station. From there, take bus n°
6 near the square, on the left, direction Euromédecine / Stop at Pierre Viala.