Experiment Definition

Experiment Name: 4_3_SMR_LO_HC_WR

Total Number Subjects: 8

Group Size: 8

Are Groups Synchronized?

Cash Exchange Rate: 0.4

Experiment Runtime Information

Experiment ID: 55

Experiment Starting Time: 2006-03-29 18:41:22.0

Total Number Of Participants: 8

Experiment Definition Id: 36

Experiment Experimenter Id: 4

Auction-- Statistics

AttributeGroup : 1 Statistics
Auction: 1
Number of Rounds13
Allocation7,0,5,7,7,1,4,7,3,3,3,8
Optimal Allocation7,2,2,7,7,1,4,7,3,3,3,8
Final Price50.0,35.0,45.0,30.0,40.0,40.0,25.0,55.0,30.0,35.0,40.0,20.0
Surplus505
Optimal Surplus548
Revenue410
Total Penalties10
Total Profits95
Efficiency (surplus/opt_surplus)92.15
Revenue Ratio (revenue/opt_surplus)74.82
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)76.64
Bidder Earnings3 , 0 , 26 , 5 , -4 , 0 , 57 , 8 ,
Bidder Penalties0 , 10 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning3 , -10 , 26 , 5 , -4 , 0 , 57 , 8 ,
Round: 1
Number of Bids28
Allocation1,6,1,6,8,1,3,7,8,6,4,7
Prices5.0,15.0,5.0,15.0,5.0,5.0,5.0,5.0,10.0,15.0,5.0,5.0
Revenue95
Efficiency63.50
Round: 2
Number of Bids45
Allocation7,2,2,7,8,1,2,8,3,6,3,8
Prices10.0,20.0,10.0,20.0,5.0,10.0,10.0,10.0,15.0,15.0,10.0,10.0
Revenue145
Efficiency88.14
Round: 3
Number of Bids59
Allocation5,5,5,6,7,4,4,7,3,3,6,8
Prices25.0,25.0,25.0,25.0,10.0,15.0,15.0,15.0,15.0,20.0,15.0,10.0
Revenue215
Efficiency85.22
Round: 4
Number of Bids72
Allocation7,2,2,7,8,1,4,8,8,6,3,8
Prices30.0,30.0,30.0,30.0,15.0,20.0,15.0,20.0,20.0,25.0,20.0,10.0
Revenue265
Efficiency88.32
Round: 5
Number of Bids85
Allocation5,5,1,7,7,4,1,8,3,3,6,6
Prices35.0,35.0,35.0,30.0,20.0,25.0,20.0,20.0,25.0,30.0,25.0,15.0
Revenue315
Efficiency77.55
Round: 6
Number of Bids98
Allocation7,2,2,7,8,1,4,7,3,3,3,8
Prices40.0,40.0,40.0,30.0,25.0,30.0,25.0,25.0,30.0,35.0,30.0,20.0
Revenue370
Efficiency91.61
Round: 7
Number of Bids105
Allocation5,2,5,7,7,4,4,8,3,3,4,8
Prices45.0,40.0,45.0,30.0,30.0,35.0,25.0,30.0,30.0,35.0,35.0,20.0
Revenue400
Efficiency89.78
Round: 8
Number of Bids110
Allocation7,2,5,7,8,1,4,7,3,3,3,8
Prices50.0,40.0,45.0,30.0,35.0,40.0,25.0,35.0,30.0,35.0,40.0,20.0
Revenue425
Efficiency90.15
Round: 9
Number of Bids112
Allocation7,0,0,7,7,1,4,8,3,3,3,8
Prices50.0,30.0,40.0,30.0,40.0,40.0,25.0,40.0,30.0,35.0,40.0,20.0
Revenue435
Efficiency95.62
Round: 10
Number of Bids112
Allocation7,0,5,7,7,1,4,7,3,3,3,8
Prices50.0,30.0,45.0,30.0,40.0,40.0,25.0,45.0,30.0,35.0,40.0,20.0
Revenue400
Efficiency92.15
Round: 11
Number of Bids113
Allocation7,0,5,7,7,1,4,8,3,3,3,8
Prices50.0,30.0,45.0,30.0,40.0,40.0,25.0,50.0,30.0,35.0,40.0,20.0
Revenue405
Efficiency89.23
Round: 12
Number of Bids114
Allocation7,0,5,7,7,1,4,7,3,3,3,8
Prices50.0,30.0,45.0,30.0,40.0,40.0,25.0,55.0,30.0,35.0,40.0,20.0
Revenue410
Efficiency92.15
Round: 13
Number of Bids114
Allocation7,0,5,7,7,1,4,7,3,3,3,8
Prices50.0,35.0,45.0,30.0,40.0,40.0,25.0,55.0,30.0,35.0,40.0,20.0
Revenue410
Efficiency92.15
Auction: 2
Number of Rounds8
Allocation7,2,5,7,7,1,1,7,3,6,6,6
Optimal Allocation7,2,5,7,7,1,1,7,3,6,6,6
Final Price35.0,25.0,15.0,30.0,30.0,30.0,35.0,45.0,20.0,15.0,30.0,40.0
Surplus523
Optimal Surplus523
Revenue350
Total Penalties0
Total Profits173
Efficiency (surplus/opt_surplus)100.00
Revenue Ratio (revenue/opt_surplus)66.92
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)66.92
Bidder Earnings17 , 3 , 6 , 0 , 24 , 55 , 68 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning17 , 3 , 6 , 0 , 24 , 55 , 68 , 0 ,
Round: 1
Number of Bids28
Allocation8,1,5,8,8,1,1,2,7,6,6,6
Prices5.0,5.0,5.0,10.0,15.0,5.0,5.0,5.0,15.0,15.0,20.0,20.0
Revenue125
Efficiency68.64
Round: 2
Number of Bids42
Allocation5,5,5,7,7,3,4,7,3,6,3,6
Prices10.0,10.0,5.0,15.0,20.0,10.0,10.0,10.0,20.0,15.0,25.0,20.0
Revenue170
Efficiency75.33
Round: 3
Number of Bids53
Allocation7,2,5,7,7,2,1,2,3,6,6,6
Prices15.0,25.0,5.0,15.0,20.0,25.0,15.0,25.0,20.0,15.0,30.0,20.0
Revenue230
Efficiency92.16
Round: 4
Number of Bids61
Allocation5,2,5,7,1,1,4,4,3,6,6,4
Prices20.0,25.0,5.0,15.0,25.0,30.0,20.0,30.0,20.0,15.0,30.0,25.0
Revenue260
Efficiency80.50
Round: 5
Number of Bids68
Allocation7,2,2,2,7,1,1,7,3,6,6,6
Prices25.0,25.0,10.0,25.0,30.0,30.0,25.0,35.0,20.0,15.0,30.0,30.0
Revenue300
Efficiency87.57
Round: 6
Number of Bids74
Allocation5,2,5,7,7,1,4,4,3,6,6,4
Prices30.0,25.0,15.0,30.0,30.0,30.0,30.0,40.0,20.0,15.0,30.0,35.0
Revenue330
Efficiency84.51
Round: 7
Number of Bids78
Allocation7,2,5,7,7,1,1,7,3,6,6,6
Prices35.0,25.0,15.0,30.0,30.0,30.0,35.0,45.0,20.0,15.0,30.0,40.0
Revenue350
Efficiency100.00
Round: 8
Number of Bids78
Allocation7,2,5,7,7,1,1,7,3,6,6,6
Prices35.0,25.0,15.0,30.0,30.0,30.0,35.0,45.0,20.0,15.0,30.0,40.0
Revenue350
Efficiency100.00
Auction: 3
Number of Rounds12
Allocation1,6,6,2,1,1,3,8,5,5,5,4
Optimal Allocation1,6,6,2,1,1,4,8,5,5,5,4
Final Price30.0,20.0,20.0,20.0,30.0,20.0,35.0,40.0,35.0,40.0,40.0,35.0
Surplus556
Optimal Surplus557
Revenue365
Total Penalties0
Total Profits191
Efficiency (surplus/opt_surplus)99.82
Revenue Ratio (revenue/opt_surplus)65.53
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)65.53
Bidder Earnings63 , 25 , 5 , 6 , 40 , 48 , 0 , 4 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning63 , 25 , 5 , 6 , 40 , 48 , 0 , 4 ,
Round: 1
Number of Bids30
Allocation7,6,6,7,7,1,2,8,8,3,5,8
Prices25.0,20.0,20.0,10.0,25.0,5.0,5.0,30.0,20.0,5.0,5.0,20.0
Revenue190
Efficiency77.20
Round: 2
Number of Bids43
Allocation7,6,6,8,1,1,4,2,5,4,6,4
Prices25.0,20.0,20.0,15.0,30.0,5.0,10.0,35.0,25.0,10.0,10.0,25.0
Revenue230
Efficiency80.25
Round: 3
Number of Bids52
Allocation7,6,6,2,1,1,3,8,5,3,3,4
Prices25.0,20.0,20.0,20.0,30.0,5.0,15.0,40.0,25.0,15.0,15.0,25.0
Revenue255
Efficiency88.15
Round: 4
Number of Bids61
Allocation7,6,6,2,1,2,2,8,8,5,6,4
Prices25.0,20.0,20.0,20.0,30.0,15.0,20.0,40.0,30.0,20.0,20.0,25.0
Revenue285
Efficiency82.05
Round: 5
Number of Bids69
Allocation0,6,6,2,1,1,3,8,5,3,3,4
Prices.0,20.0,20.0,20.0,30.0,20.0,25.0,40.0,35.0,25.0,25.0,25.0
Revenue310
Efficiency88.15
Round: 6
Number of Bids76
Allocation7,6,6,2,1,1,2,8,5,5,6,8
Prices5.0,20.0,20.0,20.0,30.0,20.0,30.0,40.0,35.0,30.0,30.0,30.0
Revenue310
Efficiency89.59
Round: 7
Number of Bids83
Allocation1,6,6,2,1,1,3,8,5,3,3,4
Prices10.0,20.0,20.0,20.0,30.0,20.0,35.0,40.0,35.0,35.0,35.0,35.0
Revenue335
Efficiency92.10
Round: 8
Number of Bids86
Allocation7,6,6,2,1,1,3,8,5,5,5,4
Prices15.0,20.0,20.0,20.0,30.0,20.0,35.0,40.0,35.0,40.0,40.0,35.0
Revenue350
Efficiency95.87
Round: 9
Number of Bids87
Allocation1,6,6,2,1,1,3,8,5,5,5,4
Prices20.0,20.0,20.0,20.0,30.0,20.0,35.0,40.0,35.0,40.0,40.0,35.0
Revenue355
Efficiency99.82
Round: 10
Number of Bids88
Allocation7,6,6,2,1,1,3,8,5,5,5,4
Prices25.0,20.0,20.0,20.0,30.0,20.0,35.0,40.0,35.0,40.0,40.0,35.0
Revenue360
Efficiency95.87
Round: 11
Number of Bids89
Allocation1,6,6,2,1,1,3,8,5,5,5,4
Prices30.0,20.0,20.0,20.0,30.0,20.0,35.0,40.0,35.0,40.0,40.0,35.0
Revenue365
Efficiency99.82
Round: 12
Number of Bids89
Allocation1,6,6,2,1,1,3,8,5,5,5,4
Prices30.0,20.0,20.0,20.0,30.0,20.0,35.0,40.0,35.0,40.0,40.0,35.0
Revenue365
Efficiency99.82
Auction: 4
Number of Rounds13
Allocation0,5,5,0,8,2,3,8,8,3,3,8
Optimal Allocation5,5,5,7,8,2,3,8,8,3,3,8
Final Price30.0,35.0,45.0,30.0,50.0,40.0,15.0,50.0,35.0,25.0,30.0,40.0
Surplus479
Optimal Surplus532
Revenue365
Total Penalties16
Total Profits114
Efficiency (surplus/opt_surplus)90.04
Revenue Ratio (revenue/opt_surplus)68.61
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)71.62
Bidder Earnings0 , 2 , 48 , 0 , 15 , 0 , 0 , 49 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 8 , 8 ,
Bidder Net Earning0 , 2 , 48 , 0 , 15 , 0 , -8 , 41 ,
Round: 1
Number of Bids28
Allocation8,1,1,8,8,4,0,8,8,6,6,8
Prices5.0,5.0,5.0,15.0,20.0,5.0,.0,20.0,20.0,10.0,15.0,20.0
Revenue140
Efficiency73.68
Round: 2
Number of Bids45
Allocation1,5,2,7,7,2,3,2,8,6,6,4
Prices10.0,10.0,10.0,20.0,25.0,10.0,5.0,35.0,20.0,10.0,15.0,25.0
Revenue195
Efficiency85.90
Round: 3
Number of Bids59
Allocation7,6,1,7,8,4,4,8,8,3,6,8
Prices15.0,15.0,15.0,20.0,30.0,15.0,10.0,40.0,20.0,15.0,15.0,30.0
Revenue240
Efficiency82.33
Round: 4
Number of Bids73
Allocation1,2,2,7,7,3,4,7,8,3,3,4
Prices20.0,25.0,20.0,20.0,35.0,20.0,10.0,45.0,20.0,15.0,20.0,35.0
Revenue285
Efficiency86.65
Round: 5
Number of Bids87
Allocation7,1,1,8,7,2,4,8,5,6,6,8
Prices25.0,30.0,25.0,25.0,35.0,25.0,10.0,50.0,25.0,20.0,25.0,40.0
Revenue335
Efficiency67.86
Round: 6
Number of Bids97
Allocation1,5,2,7,7,4,4,8,3,3,3,8
Prices30.0,35.0,40.0,30.0,35.0,30.0,10.0,50.0,30.0,25.0,30.0,40.0
Revenue385
Efficiency86.47
Round: 7
Number of Bids102
Allocation7,5,5,7,8,2,4,8,8,3,3,8
Prices35.0,35.0,45.0,30.0,40.0,40.0,10.0,50.0,35.0,25.0,30.0,40.0
Revenue415
Efficiency94.36
Round: 8
Number of Bids104
Allocation7,5,5,7,7,2,3,8,8,3,3,8
Prices35.0,35.0,45.0,30.0,45.0,40.0,15.0,50.0,35.0,25.0,30.0,40.0
Revenue425
Efficiency98.87
Round: 9
Number of Bids105
Allocation7,5,5,8,7,2,3,8,8,3,3,8
Prices35.0,35.0,45.0,35.0,45.0,40.0,15.0,50.0,35.0,25.0,30.0,40.0
Revenue430
Efficiency93.61
Round: 10
Number of Bids105
Allocation0,5,5,8,7,2,3,8,8,3,3,8
Prices25.0,35.0,45.0,35.0,45.0,40.0,15.0,50.0,35.0,25.0,30.0,40.0
Revenue430
Efficiency93.61
Round: 11
Number of Bids104
Allocation0,5,5,0,7,2,3,8,8,3,3,8
Prices25.0,35.0,45.0,25.0,45.0,40.0,15.0,50.0,35.0,25.0,30.0,40.0
Revenue395
Efficiency89.29
Round: 12
Number of Bids104
Allocation0,5,5,0,8,2,3,8,8,3,3,8
Prices25.0,35.0,45.0,25.0,50.0,40.0,15.0,50.0,35.0,25.0,30.0,40.0
Revenue365
Efficiency90.04
Round: 13
Number of Bids104
Allocation0,5,5,0,8,2,3,8,8,3,3,8
Prices30.0,35.0,45.0,30.0,50.0,40.0,15.0,50.0,35.0,25.0,30.0,40.0
Revenue365
Efficiency90.04
Auction: 5
Number of Rounds10
Allocation7,1,1,7,8,2,2,2,8,6,0,8
Optimal Allocation7,1,1,7,8,2,2,2,8,6,4,8
Final Price35.0,25.0,25.0,25.0,30.0,45.0,45.0,40.0,25.0,20.0,10.0,30.0
Surplus474
Optimal Surplus506
Revenue345
Total Penalties3
Total Profits129
Efficiency (surplus/opt_surplus)93.68
Revenue Ratio (revenue/opt_surplus)68.18
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)68.77
Bidder Earnings28 , 22 , 0 , 0 , 0 , 21 , 16 , 42 ,
Bidder Penalties0 , 0 , 3 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning28 , 22 , -3 , 0 , 0 , 21 , 16 , 42 ,
Round: 1
Number of Bids27
Allocation8,1,1,8,8,1,4,8,8,6,3,8
Prices10.0,5.0,5.0,10.0,20.0,5.0,5.0,15.0,15.0,20.0,5.0,20.0
Revenue135
Efficiency79.05
Round: 2
Number of Bids42
Allocation7,5,5,7,8,2,2,7,5,6,3,6
Prices15.0,10.0,10.0,15.0,20.0,10.0,10.0,20.0,20.0,20.0,5.0,25.0
Revenue180
Efficiency78.66
Round: 3
Number of Bids55
Allocation7,1,1,7,8,1,4,4,8,6,3,8
Prices15.0,15.0,15.0,15.0,20.0,15.0,15.0,25.0,25.0,20.0,5.0,30.0
Revenue215
Efficiency89.13
Round: 4
Number of Bids68
Allocation7,5,5,6,8,3,3,7,8,6,6,8
Prices15.0,20.0,20.0,20.0,20.0,20.0,20.0,30.0,25.0,20.0,10.0,30.0
Revenue250
Efficiency77.67
Round: 5
Number of Bids80
Allocation1,1,1,7,3,2,2,2,8,6,6,8
Prices20.0,25.0,25.0,25.0,25.0,25.0,25.0,40.0,25.0,20.0,10.0,30.0
Revenue295
Efficiency86.76
Round: 6
Number of Bids84
Allocation7,1,1,7,8,3,3,2,8,6,6,8
Prices25.0,25.0,25.0,25.0,30.0,30.0,30.0,40.0,25.0,20.0,10.0,30.0
Revenue315
Efficiency89.92
Round: 7
Number of Bids88
Allocation1,1,1,7,8,2,2,2,8,6,3,8
Prices30.0,25.0,25.0,25.0,30.0,35.0,35.0,40.0,25.0,20.0,15.0,30.0
Revenue335
Efficiency93.28
Round: 8
Number of Bids91
Allocation7,1,1,7,8,3,3,2,8,6,3,8
Prices35.0,25.0,25.0,25.0,30.0,40.0,40.0,40.0,25.0,20.0,15.0,30.0
Revenue350
Efficiency88.93
Round: 9
Number of Bids93
Allocation7,1,1,7,8,2,2,2,8,6,0,8
Prices35.0,25.0,25.0,25.0,30.0,45.0,45.0,40.0,25.0,20.0,5.0,30.0
Revenue360
Efficiency95.45
Round: 10
Number of Bids92
Allocation7,1,1,7,8,2,2,2,8,6,0,8
Prices35.0,25.0,25.0,25.0,30.0,45.0,45.0,40.0,25.0,20.0,10.0,30.0
Revenue345
Efficiency93.68
Auction: 6
Number of Rounds11
Allocation7,2,2,2,7,3,3,7,5,3,4,4
Optimal Allocation7,2,2,2,7,3,3,7,5,4,4,4
Final Price25.0,40.0,40.0,35.0,30.0,35.0,30.0,35.0,25.0,40.0,40.0,20.0
Surplus492
Optimal Surplus495
Revenue395
Total Penalties0
Total Profits97
Efficiency (surplus/opt_surplus)99.39
Revenue Ratio (revenue/opt_surplus)79.80
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)79.80
Bidder Earnings0 , 15 , 4 , 27 , 18 , 0 , 33 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning0 , 15 , 4 , 27 , 18 , 0 , 33 , 0 ,
Round: 1
Number of Bids28
Allocation8,6,6,6,8,1,1,8,8,0,4,8
Prices10.0,10.0,20.0,20.0,15.0,5.0,5.0,15.0,5.0,.0,5.0,10.0
Revenue120
Efficiency70.30
Round: 2
Number of Bids44
Allocation8,2,2,2,7,4,1,7,7,3,3,7
Prices10.0,15.0,25.0,25.0,20.0,10.0,5.0,20.0,10.0,5.0,10.0,15.0
Revenue170
Efficiency72.32
Round: 3
Number of Bids57
Allocation8,1,6,6,8,1,3,8,5,6,4,7
Prices10.0,20.0,30.0,30.0,25.0,15.0,10.0,30.0,15.0,10.0,15.0,15.0
Revenue225
Efficiency77.37
Round: 4
Number of Bids70
Allocation7,2,2,2,7,1,1,7,5,4,3,4
Prices15.0,30.0,40.0,35.0,30.0,15.0,15.0,35.0,15.0,15.0,20.0,20.0
Revenue285
Efficiency91.11
Round: 5
Number of Bids77
Allocation5,5,2,2,7,1,1,7,3,3,6,4
Prices20.0,35.0,40.0,35.0,30.0,15.0,15.0,35.0,20.0,20.0,25.0,20.0
Revenue310
Efficiency79.19
Round: 6
Number of Bids84
Allocation7,5,2,2,7,4,1,7,5,6,4,4
Prices25.0,35.0,40.0,35.0,30.0,20.0,15.0,35.0,25.0,25.0,30.0,20.0
Revenue335
Efficiency96.77
Round: 7
Number of Bids88
Allocation7,5,2,2,7,2,3,7,5,3,4,4
Prices25.0,35.0,40.0,35.0,30.0,30.0,20.0,35.0,25.0,30.0,30.0,20.0
Revenue355
Efficiency97.78
Round: 8
Number of Bids91
Allocation7,5,2,2,7,2,1,7,5,6,3,4
Prices25.0,35.0,40.0,35.0,30.0,30.0,25.0,35.0,25.0,35.0,35.0,20.0
Revenue370
Efficiency93.74
Round: 9
Number of Bids94
Allocation7,5,2,2,7,3,1,7,5,3,4,4
Prices25.0,35.0,40.0,35.0,30.0,35.0,25.0,35.0,25.0,40.0,40.0,20.0
Revenue385
Efficiency97.78
Round: 10
Number of Bids96
Allocation7,2,2,2,7,3,3,7,5,3,4,4
Prices25.0,40.0,40.0,35.0,30.0,35.0,30.0,35.0,25.0,40.0,40.0,20.0
Revenue395
Efficiency99.39
Round: 11
Number of Bids96
Allocation7,2,2,2,7,3,3,7,5,3,4,4
Prices25.0,40.0,40.0,35.0,30.0,35.0,30.0,35.0,25.0,40.0,40.0,20.0
Revenue395
Efficiency99.39
Auction: 7
Number of Rounds12
Allocation7,1,2,7,8,1,1,8,8,6,6,8
Optimal Allocation7,6,2,2,8,1,1,8,8,6,6,8
Final Price25.0,35.0,35.0,50.0,55.0,35.0,25.0,70.0,20.0,30.0,30.0,30.0
Surplus541
Optimal Surplus555
Revenue440
Total Penalties0
Total Profits101
Efficiency (surplus/opt_surplus)97.48
Revenue Ratio (revenue/opt_surplus)79.28
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)79.28
Bidder Earnings25 , 10 , 0 , 0 , 0 , 19 , 13 , 34 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning25 , 10 , 0 , 0 , 0 , 19 , 13 , 34 ,
Round: 1
Number of Bids28
Allocation8,2,2,8,8,1,1,8,8,6,6,8
Prices10.0,5.0,5.0,10.0,20.0,5.0,5.0,20.0,20.0,20.0,15.0,20.0
Revenue155
Efficiency85.95
Round: 2
Number of Bids44
Allocation7,6,5,7,3,3,3,7,8,6,4,8
Prices15.0,10.0,10.0,15.0,25.0,10.0,10.0,25.0,20.0,20.0,20.0,20.0
Revenue200
Efficiency81.62
Round: 3
Number of Bids61
Allocation8,5,2,2,3,3,3,8,8,6,5,8
Prices20.0,15.0,15.0,20.0,30.0,15.0,15.0,30.0,20.0,20.0,25.0,20.0
Revenue245
Efficiency76.58
Round: 4
Number of Bids77
Allocation7,2,5,7,3,3,3,7,8,6,6,8
Prices25.0,20.0,20.0,25.0,35.0,20.0,20.0,35.0,20.0,20.0,30.0,20.0
Revenue290
Efficiency80.36
Round: 5
Number of Bids88
Allocation7,1,2,2,7,1,1,8,8,6,6,8
Prices25.0,25.0,25.0,30.0,40.0,25.0,25.0,40.0,20.0,20.0,30.0,20.0
Revenue325
Efficiency89.91
Round: 6
Number of Bids97
Allocation7,2,5,7,8,3,1,7,8,3,6,8
Prices25.0,30.0,30.0,35.0,45.0,30.0,25.0,45.0,20.0,25.0,30.0,20.0
Revenue360
Efficiency86.85
Round: 7
Number of Bids106
Allocation7,1,2,2,7,1,1,8,8,6,6,8
Prices25.0,35.0,35.0,45.0,50.0,35.0,25.0,50.0,20.0,30.0,30.0,20.0
Revenue400
Efficiency89.91
Round: 8
Number of Bids110
Allocation7,1,2,7,8,1,1,7,8,6,6,6
Prices25.0,35.0,35.0,50.0,55.0,35.0,25.0,55.0,20.0,30.0,30.0,25.0
Revenue420
Efficiency94.23
Round: 9
Number of Bids112
Allocation7,1,2,7,8,1,1,8,8,6,6,8
Prices25.0,35.0,35.0,50.0,55.0,35.0,25.0,60.0,20.0,30.0,30.0,30.0
Revenue430
Efficiency97.48
Round: 10
Number of Bids113
Allocation7,1,2,7,8,1,1,7,8,6,6,8
Prices25.0,35.0,35.0,50.0,55.0,35.0,25.0,65.0,20.0,30.0,30.0,30.0
Revenue435
Efficiency96.04
Round: 11
Number of Bids114
Allocation7,1,2,7,8,1,1,8,8,6,6,8
Prices25.0,35.0,35.0,50.0,55.0,35.0,25.0,70.0,20.0,30.0,30.0,30.0
Revenue440
Efficiency97.48
Round: 12
Number of Bids114
Allocation7,1,2,7,8,1,1,8,8,6,6,8
Prices25.0,35.0,35.0,50.0,55.0,35.0,25.0,70.0,20.0,30.0,30.0,30.0
Revenue440
Efficiency97.48
Auction: 8
Number of Rounds9
Allocation7,2,2,7,7,3,3,7,3,5,4,4
Optimal Allocation7,2,2,7,7,2,3,7,3,5,4,4
Final Price40.0,15.0,40.0,30.0,40.0,25.0,40.0,35.0,25.0,30.0,35.0,15.0
Surplus483
Optimal Surplus486
Revenue370
Total Penalties0
Total Profits113
Efficiency (surplus/opt_surplus)99.38
Revenue Ratio (revenue/opt_surplus)76.13
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)76.13
Bidder Earnings0 , 38 , 13 , 28 , 15 , 0 , 19 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning0 , 38 , 13 , 28 , 15 , 0 , 19 , 0 ,
Round: 1
Number of Bids28
Allocation1,2,6,6,8,3,1,7,8,6,5,7
Prices5.0,5.0,20.0,10.0,25.0,5.0,5.0,15.0,20.0,15.0,10.0,10.0
Revenue145
Efficiency73.87
Round: 2
Number of Bids40
Allocation7,2,1,2,7,3,3,7,8,5,3,4
Prices10.0,5.0,25.0,15.0,30.0,5.0,10.0,15.0,20.0,20.0,15.0,15.0
Revenue185
Efficiency82.51
Round: 3
Number of Bids52
Allocation1,6,2,7,8,3,1,4,8,5,5,4
Prices15.0,10.0,30.0,20.0,35.0,5.0,15.0,20.0,20.0,20.0,20.0,15.0
Revenue225
Efficiency76.75
Round: 4
Number of Bids64
Allocation7,2,6,7,7,1,3,7,8,6,3,4
Prices20.0,15.0,35.0,20.0,40.0,10.0,20.0,25.0,20.0,25.0,25.0,15.0
Revenue270
Efficiency87.04
Round: 5
Number of Bids75
Allocation1,2,2,6,7,3,1,4,8,5,5,4
Prices25.0,15.0,40.0,25.0,40.0,15.0,25.0,30.0,20.0,30.0,30.0,15.0
Revenue310
Efficiency80.45
Round: 6
Number of Bids84
Allocation7,2,2,7,7,1,3,7,3,5,4,4
Prices30.0,15.0,40.0,30.0,40.0,20.0,30.0,35.0,25.0,30.0,35.0,15.0
Revenue345
Efficiency98.35
Round: 7
Number of Bids89
Allocation5,2,2,7,7,3,1,7,3,5,4,4
Prices35.0,15.0,40.0,30.0,40.0,25.0,35.0,35.0,25.0,30.0,35.0,15.0
Revenue360
Efficiency91.36
Round: 8
Number of Bids91
Allocation7,2,2,7,7,3,3,7,3,5,4,4
Prices40.0,15.0,40.0,30.0,40.0,25.0,40.0,35.0,25.0,30.0,35.0,15.0
Revenue370
Efficiency99.38
Round: 9
Number of Bids91
Allocation7,2,2,7,7,3,3,7,3,5,4,4
Prices40.0,15.0,40.0,30.0,40.0,25.0,40.0,35.0,25.0,30.0,35.0,15.0
Revenue370
Efficiency99.38
Auction: 9
Number of Rounds11
Allocation1,2,2,2,3,3,3,8,8,6,6,8
Optimal Allocation7,2,2,2,3,3,1,8,8,6,6,8
Final Price30.0,40.0,25.0,35.0,35.0,40.0,25.0,35.0,35.0,20.0,25.0,65.0
Surplus501
Optimal Surplus507
Revenue410
Total Penalties0
Total Profits91
Efficiency (surplus/opt_surplus)98.82
Revenue Ratio (revenue/opt_surplus)80.87
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)80.87
Bidder Earnings0 , 26 , 11 , 0 , 0 , 27 , 0 , 27 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning0 , 26 , 11 , 0 , 0 , 27 , 0 , 27 ,
Round: 1
Number of Bids28
Allocation8,6,2,8,8,4,1,8,8,6,3,8
Prices10.0,20.0,5.0,10.0,10.0,5.0,5.0,25.0,25.0,20.0,5.0,25.0
Revenue165
Efficiency81.26
Round: 2
Number of Bids43
Allocation7,5,5,7,7,1,1,4,5,6,4,8
Prices15.0,25.0,10.0,15.0,15.0,10.0,5.0,30.0,30.0,20.0,10.0,25.0
Revenue210
Efficiency68.44
Round: 3
Number of Bids56
Allocation7,6,2,2,3,3,3,8,8,6,4,6
Prices15.0,30.0,15.0,20.0,20.0,15.0,10.0,35.0,35.0,20.0,10.0,30.0
Revenue255
Efficiency90.93
Round: 4
Number of Bids64
Allocation1,2,2,7,1,4,1,8,8,6,4,8
Prices20.0,40.0,15.0,25.0,25.0,20.0,15.0,35.0,35.0,20.0,10.0,35.0
Revenue295
Efficiency89.35
Round: 5
Number of Bids72
Allocation7,2,2,2,8,3,3,8,8,6,6,6
Prices25.0,40.0,15.0,35.0,30.0,25.0,20.0,35.0,35.0,20.0,15.0,40.0
Revenue335
Efficiency92.11
Round: 6
Number of Bids82
Allocation1,2,2,2,3,3,3,8,8,6,4,8
Prices30.0,40.0,15.0,35.0,35.0,30.0,25.0,35.0,35.0,20.0,20.0,45.0
Revenue365
Efficiency97.83
Round: 7
Number of Bids86
Allocation1,2,1,2,3,4,3,8,8,6,6,6
Prices30.0,40.0,20.0,35.0,35.0,35.0,25.0,35.0,35.0,20.0,25.0,50.0
Revenue385
Efficiency90.93
Round: 8
Number of Bids89
Allocation1,2,2,2,3,3,3,8,8,6,6,8
Prices30.0,40.0,25.0,35.0,35.0,40.0,25.0,35.0,35.0,20.0,25.0,55.0
Revenue400
Efficiency98.82
Round: 9
Number of Bids90
Allocation1,2,2,2,3,3,3,8,8,6,6,6
Prices30.0,40.0,25.0,35.0,35.0,40.0,25.0,35.0,35.0,20.0,25.0,60.0
Revenue405
Efficiency96.84
Round: 10
Number of Bids91
Allocation1,2,2,2,3,3,3,8,8,6,6,8
Prices30.0,40.0,25.0,35.0,35.0,40.0,25.0,35.0,35.0,20.0,25.0,65.0
Revenue410
Efficiency98.82
Round: 11
Number of Bids91
Allocation1,2,2,2,3,3,3,8,8,6,6,8
Prices30.0,40.0,25.0,35.0,35.0,40.0,25.0,35.0,35.0,20.0,25.0,65.0
Revenue410
Efficiency98.82
Auction: 10
Number of Rounds10
Allocation1,1,1,7,7,3,4,7,5,6,5,8
Optimal Allocation1,1,1,7,7,3,4,7,5,6,5,8
Final Price45.0,30.0,25.0,20.0,35.0,20.0,15.0,45.0,20.0,35.0,20.0,20.0
Surplus443
Optimal Surplus443
Revenue330
Total Penalties0
Total Profits113
Efficiency (surplus/opt_surplus)100.00
Revenue Ratio (revenue/opt_surplus)74.49
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)74.49
Bidder Earnings21 , 0 , 14 , 6 , 24 , 4 , 37 , 7 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning21 , 0 , 14 , 6 , 24 , 4 , 37 , 7 ,
Round: 1
Number of Bids28
Allocation7,6,6,7,8,4,4,8,7,6,3,7
Prices5.0,15.0,10.0,5.0,5.0,5.0,5.0,5.0,10.0,20.0,5.0,15.0
Revenue105
Efficiency55.30
Round: 2
Number of Bids42
Allocation1,1,1,7,3,3,4,2,8,4,5,8
Prices10.0,20.0,15.0,5.0,10.0,10.0,5.0,10.0,15.0,25.0,10.0,20.0
Revenue155
Efficiency83.75
Round: 3
Number of Bids56
Allocation5,6,6,7,7,2,2,7,5,3,5,8
Prices15.0,25.0,20.0,5.0,15.0,15.0,10.0,15.0,20.0,30.0,10.0,20.0
Revenue200
Efficiency83.97
Round: 4
Number of Bids67
Allocation7,1,1,6,3,3,4,8,5,3,5,8
Prices20.0,30.0,25.0,10.0,20.0,20.0,15.0,20.0,20.0,30.0,10.0,20.0
Revenue240
Efficiency74.27
Round: 5
Number of Bids75
Allocation5,1,1,2,7,3,4,2,5,6,5,8
Prices25.0,30.0,25.0,15.0,25.0,20.0,15.0,25.0,20.0,35.0,10.0,20.0
Revenue265
Efficiency84.65
Round: 6
Number of Bids82
Allocation7,1,1,7,3,3,4,7,5,6,3,8
Prices30.0,30.0,25.0,20.0,30.0,20.0,15.0,30.0,20.0,35.0,15.0,20.0
Revenue290
Efficiency80.36
Round: 7
Number of Bids86
Allocation1,1,1,7,7,3,4,2,5,6,5,8
Prices35.0,30.0,25.0,20.0,35.0,20.0,15.0,40.0,20.0,35.0,20.0,20.0
Revenue315
Efficiency93.00
Round: 8
Number of Bids88
Allocation7,1,1,7,7,3,4,7,5,6,5,8
Prices40.0,30.0,25.0,20.0,35.0,20.0,15.0,45.0,20.0,35.0,20.0,20.0
Revenue325
Efficiency97.07
Round: 9
Number of Bids89
Allocation1,1,1,7,7,3,4,7,5,6,5,8
Prices45.0,30.0,25.0,20.0,35.0,20.0,15.0,45.0,20.0,35.0,20.0,20.0
Revenue330
Efficiency100.00
Round: 10
Number of Bids89
Allocation1,1,1,7,7,3,4,7,5,6,5,8
Prices45.0,30.0,25.0,20.0,35.0,20.0,15.0,45.0,20.0,35.0,20.0,20.0
Revenue330
Efficiency100.00