Experiment Definition

Experiment Name: 4_3_SMR_LO_LC_WR

Total Number Subjects: 8

Group Size: 8

Are Groups Synchronized?

Cash Exchange Rate: 0.4

Experiment Runtime Information

Experiment ID: 352

Experiment Starting Time: 2006-03-30 18:45:05.0

Total Number Of Participants: 8

Experiment Definition Id: 225

Experiment Experimenter Id: 134

Auction-- Statistics

AttributeGroup : 1 Statistics
Auction: 1
Number of Rounds8
Allocation7,2,1,7,7,1,4,8,3,3,4,8
Optimal Allocation7,2,5,7,7,1,4,8,3,3,4,8
Final Price40.0,30.0,40.0,30.0,25.0,35.0,25.0,35.0,30.0,30.0,35.0,10.0
Surplus449
Optimal Surplus450
Revenue365
Total Penalties0
Total Profits84
Efficiency (surplus/opt_surplus)99.78
Revenue Ratio (revenue/opt_surplus)81.11
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)81.11
Bidder Earnings8 , 5 , 15 , 9 , 0 , 0 , 21 , 26 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning8 , 5 , 15 , 9 , 0 , 0 , 21 , 26 ,
Round: 1
Number of Bids27
Allocation5,5,5,6,7,4,2,7,3,3,6,7
Prices25.0,25.0,25.0,15.0,5.0,5.0,15.0,5.0,15.0,15.0,20.0,5.0
Revenue175
Efficiency83.78
Round: 2
Number of Bids41
Allocation7,2,1,7,3,1,4,8,3,6,4,8
Prices30.0,30.0,30.0,20.0,15.0,10.0,25.0,10.0,15.0,20.0,25.0,10.0
Revenue240
Efficiency94.00
Round: 3
Number of Bids51
Allocation5,2,5,6,7,4,4,7,3,5,4,8
Prices35.0,30.0,35.0,25.0,20.0,15.0,25.0,15.0,15.0,25.0,25.0,10.0
Revenue275
Efficiency92.67
Round: 4
Number of Bids62
Allocation7,2,1,7,7,1,4,7,3,3,3,8
Prices40.0,30.0,40.0,30.0,25.0,20.0,25.0,20.0,15.0,30.0,30.0,10.0
Revenue315
Efficiency96.00
Round: 5
Number of Bids66
Allocation7,2,1,7,7,4,4,8,5,3,4,8
Prices40.0,30.0,40.0,30.0,25.0,30.0,25.0,25.0,25.0,30.0,35.0,10.0
Revenue345
Efficiency95.11
Round: 6
Number of Bids69
Allocation7,2,1,7,7,1,4,7,3,3,4,8
Prices40.0,30.0,40.0,30.0,25.0,35.0,25.0,30.0,30.0,30.0,35.0,10.0
Revenue360
Efficiency97.56
Round: 7
Number of Bids70
Allocation7,2,1,7,7,1,4,8,3,3,4,8
Prices40.0,30.0,40.0,30.0,25.0,35.0,25.0,35.0,30.0,30.0,35.0,10.0
Revenue365
Efficiency99.78
Round: 8
Number of Bids70
Allocation7,2,1,7,7,1,4,8,3,3,4,8
Prices40.0,30.0,40.0,30.0,25.0,35.0,25.0,35.0,30.0,30.0,35.0,10.0
Revenue365
Efficiency99.78
Auction: 2
Number of Rounds8
Allocation7,6,5,7,7,1,1,4,3,6,6,4
Optimal Allocation7,6,5,7,7,1,1,4,3,6,6,4
Final Price30.0,30.0,20.0,30.0,20.0,30.0,30.0,35.0,20.0,20.0,30.0,35.0
Surplus433
Optimal Surplus433
Revenue330
Total Penalties0
Total Profits103
Efficiency (surplus/opt_surplus)100.00
Revenue Ratio (revenue/opt_surplus)76.21
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)76.21
Bidder Earnings13 , 0 , 6 , 10 , 19 , 25 , 30 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning13 , 0 , 6 , 10 , 19 , 25 , 30 , 0 ,
Round: 1
Number of Bids27
Allocation5,2,5,2,7,3,4,2,7,5,3,6
Prices15.0,15.0,20.0,15.0,5.0,15.0,5.0,15.0,10.0,5.0,15.0,10.0
Revenue145
Efficiency74.83
Round: 2
Number of Bids40
Allocation7,1,5,7,8,3,1,7,8,6,6,4
Prices20.0,20.0,20.0,20.0,10.0,15.0,10.0,20.0,15.0,10.0,20.0,15.0
Revenue195
Efficiency84.30
Round: 3
Number of Bids52
Allocation5,2,5,2,7,3,4,2,3,5,3,6
Prices25.0,25.0,20.0,25.0,15.0,15.0,15.0,25.0,20.0,15.0,25.0,20.0
Revenue245
Efficiency78.29
Round: 4
Number of Bids62
Allocation7,2,5,7,7,1,1,4,3,6,6,4
Prices30.0,25.0,20.0,30.0,20.0,20.0,20.0,35.0,20.0,20.0,30.0,25.0
Revenue295
Efficiency98.85
Round: 5
Number of Bids65
Allocation7,2,5,7,7,2,4,4,3,6,6,6
Prices30.0,25.0,20.0,30.0,20.0,25.0,25.0,35.0,20.0,20.0,30.0,30.0
Revenue310
Efficiency96.30
Round: 6
Number of Bids68
Allocation7,2,5,7,7,1,1,4,3,6,6,4
Prices30.0,25.0,20.0,30.0,20.0,30.0,30.0,35.0,20.0,20.0,30.0,35.0
Revenue325
Efficiency98.85
Round: 7
Number of Bids69
Allocation7,6,5,7,7,1,1,4,3,6,6,4
Prices30.0,30.0,20.0,30.0,20.0,30.0,30.0,35.0,20.0,20.0,30.0,35.0
Revenue330
Efficiency100.00
Round: 8
Number of Bids69
Allocation7,6,5,7,7,1,1,4,3,6,6,4
Prices30.0,30.0,20.0,30.0,20.0,30.0,30.0,35.0,20.0,20.0,30.0,35.0
Revenue330
Efficiency100.00
Auction: 3
Number of Rounds10
Allocation1,6,6,2,1,1,4,8,5,5,5,4
Optimal Allocation1,6,6,2,1,1,4,8,5,5,5,4
Final Price25.0,15.0,15.0,20.0,25.0,15.0,40.0,40.0,30.0,20.0,40.0,35.0
Surplus508
Optimal Surplus508
Revenue320
Total Penalties0
Total Profits188
Efficiency (surplus/opt_surplus)100.00
Revenue Ratio (revenue/opt_surplus)62.99
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)62.99
Bidder Earnings67 , 25 , 0 , 7 , 36 , 49 , 0 , 4 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning67 , 25 , 0 , 7 , 36 , 49 , 0 , 4 ,
Round: 1
Number of Bids28
Allocation1,6,0,2,1,1,3,7,5,5,5,7
Prices15.0,15.0,.0,10.0,15.0,15.0,15.0,15.0,20.0,20.0,20.0,5.0
Revenue165
Efficiency80.12
Round: 2
Number of Bids41
Allocation7,6,6,2,7,1,2,4,8,5,3,8
Prices20.0,15.0,5.0,10.0,20.0,15.0,20.0,25.0,25.0,20.0,25.0,10.0
Revenue210
Efficiency80.12
Round: 3
Number of Bids51
Allocation7,6,1,2,1,1,4,2,5,5,5,6
Prices20.0,15.0,10.0,10.0,25.0,15.0,30.0,35.0,30.0,20.0,30.0,15.0
Revenue255
Efficiency88.78
Round: 4
Number of Bids57
Allocation7,6,6,2,1,1,3,8,5,5,3,8
Prices20.0,15.0,15.0,10.0,25.0,15.0,35.0,40.0,30.0,20.0,35.0,20.0
Revenue280
Efficiency91.14
Round: 5
Number of Bids62
Allocation1,6,6,2,1,1,4,8,5,5,5,4
Prices25.0,15.0,15.0,10.0,25.0,15.0,40.0,40.0,30.0,20.0,40.0,25.0
Revenue300
Efficiency100.00
Round: 6
Number of Bids63
Allocation1,6,6,2,1,1,4,8,5,5,5,6
Prices25.0,15.0,15.0,10.0,25.0,15.0,40.0,40.0,30.0,20.0,40.0,30.0
Revenue305
Efficiency99.61
Round: 7
Number of Bids64
Allocation1,6,6,2,1,1,4,8,5,5,5,4
Prices25.0,15.0,15.0,10.0,25.0,15.0,40.0,40.0,30.0,20.0,40.0,35.0
Revenue310
Efficiency100.00
Round: 8
Number of Bids65
Allocation1,6,6,6,1,1,4,8,5,5,5,4
Prices25.0,15.0,15.0,15.0,25.0,15.0,40.0,40.0,30.0,20.0,40.0,35.0
Revenue315
Efficiency94.49
Round: 9
Number of Bids66
Allocation1,6,6,2,1,1,4,8,5,5,5,4
Prices25.0,15.0,15.0,20.0,25.0,15.0,40.0,40.0,30.0,20.0,40.0,35.0
Revenue320
Efficiency100.00
Round: 10
Number of Bids66
Allocation1,6,6,2,1,1,4,8,5,5,5,4
Prices25.0,15.0,15.0,20.0,25.0,15.0,40.0,40.0,30.0,20.0,40.0,35.0
Revenue320
Efficiency100.00
Auction: 4
Number of Rounds7
Allocation1,5,5,7,7,2,3,8,8,3,3,4
Optimal Allocation1,5,2,7,7,2,3,8,8,3,3,4
Final Price15.0,30.0,40.0,20.0,30.0,30.0,10.0,35.0,30.0,25.0,30.0,40.0
Surplus462
Optimal Surplus463
Revenue335
Total Penalties0
Total Profits127
Efficiency (surplus/opt_surplus)99.78
Revenue Ratio (revenue/opt_surplus)72.35
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)72.35
Bidder Earnings15 , 12 , 43 , 4 , 15 , 0 , 16 , 22 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning15 , 12 , 43 , 4 , 15 , 0 , 16 , 22 ,
Round: 1
Number of Bids28
Allocation7,0,6,6,3,2,1,7,5,3,6,7
Prices10.0,.0,25.0,10.0,15.0,10.0,5.0,5.0,15.0,15.0,15.0,10.0
Revenue135
Efficiency61.56
Round: 2
Number of Bids44
Allocation1,2,5,7,7,4,1,2,8,5,3,4
Prices15.0,5.0,30.0,15.0,20.0,15.0,5.0,15.0,20.0,20.0,20.0,15.0
Revenue195
Efficiency84.23
Round: 3
Number of Bids58
Allocation1,6,5,7,8,2,3,7,8,3,6,6
Prices15.0,10.0,30.0,20.0,25.0,20.0,10.0,20.0,20.0,25.0,25.0,20.0
Revenue240
Efficiency82.94
Round: 4
Number of Bids71
Allocation1,1,2,7,7,4,3,4,5,3,6,4
Prices15.0,20.0,35.0,20.0,30.0,25.0,10.0,30.0,25.0,25.0,25.0,25.0
Revenue285
Efficiency86.39
Round: 5
Number of Bids80
Allocation1,6,5,7,7,2,3,8,8,3,3,8
Prices15.0,25.0,40.0,20.0,30.0,30.0,10.0,35.0,30.0,25.0,30.0,30.0
Revenue320
Efficiency94.60
Round: 6
Number of Bids82
Allocation1,5,5,7,7,2,3,8,8,3,3,4
Prices15.0,30.0,40.0,20.0,30.0,30.0,10.0,35.0,30.0,25.0,30.0,40.0
Revenue335
Efficiency99.78
Round: 7
Number of Bids82
Allocation1,5,5,7,7,2,3,8,8,3,3,4
Prices15.0,30.0,40.0,20.0,30.0,30.0,10.0,35.0,30.0,25.0,30.0,40.0
Revenue335
Efficiency99.78
Auction: 5
Number of Rounds8
Allocation7,1,1,7,1,2,2,2,5,6,4,8
Optimal Allocation7,1,1,7,1,3,2,4,5,6,4,8
Final Price15.0,25.0,20.0,25.0,25.0,40.0,40.0,35.0,25.0,20.0,15.0,40.0
Surplus428
Optimal Surplus431
Revenue325
Total Penalties0
Total Profits103
Efficiency (surplus/opt_surplus)99.30
Revenue Ratio (revenue/opt_surplus)75.41
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)75.41
Bidder Earnings27 , 9 , 0 , 17 , 2 , 21 , 24 , 3 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning27 , 9 , 0 , 17 , 2 , 21 , 24 , 3 ,
Round: 1
Number of Bids30
Allocation7,5,1,6,7,1,3,7,5,0,6,6
Prices5.0,15.0,10.0,20.0,5.0,15.0,10.0,15.0,10.0,.0,5.0,20.0
Revenue130
Efficiency61.48
Round: 2
Number of Bids47
Allocation8,5,1,7,8,3,2,2,3,5,6,8
Prices10.0,15.0,10.0,25.0,10.0,20.0,15.0,20.0,15.0,5.0,5.0,25.0
Revenue175
Efficiency82.83
Round: 3
Number of Bids58
Allocation7,5,1,7,1,2,3,4,5,6,6,8
Prices15.0,15.0,10.0,25.0,15.0,30.0,20.0,25.0,25.0,10.0,5.0,25.0
Revenue220
Efficiency91.18
Round: 4
Number of Bids66
Allocation7,1,1,7,8,3,2,2,5,6,5,8
Prices15.0,25.0,10.0,25.0,20.0,35.0,30.0,35.0,25.0,10.0,10.0,25.0
Revenue265
Efficiency93.97
Round: 5
Number of Bids72
Allocation7,1,5,7,1,2,4,2,5,6,4,4
Prices15.0,25.0,15.0,25.0,25.0,40.0,35.0,35.0,25.0,10.0,15.0,35.0
Revenue300
Efficiency92.34
Round: 6
Number of Bids76
Allocation7,1,1,7,1,2,2,2,5,5,4,8
Prices15.0,25.0,20.0,25.0,25.0,40.0,40.0,35.0,25.0,15.0,15.0,40.0
Revenue320
Efficiency93.74
Round: 7
Number of Bids77
Allocation7,1,1,7,1,2,2,2,5,6,4,8
Prices15.0,25.0,20.0,25.0,25.0,40.0,40.0,35.0,25.0,20.0,15.0,40.0
Revenue325
Efficiency99.30
Round: 8
Number of Bids77
Allocation7,1,1,7,1,2,2,2,5,6,4,8
Prices15.0,25.0,20.0,25.0,25.0,40.0,40.0,35.0,25.0,20.0,15.0,40.0
Revenue325
Efficiency99.30
Auction: 6
Number of Rounds7
Allocation7,5,2,6,8,2,1,4,5,3,4,4
Optimal Allocation7,5,2,6,8,2,1,4,5,3,4,4
Final Price25.0,30.0,40.0,35.0,25.0,30.0,25.0,35.0,15.0,35.0,25.0,15.0
Surplus460
Optimal Surplus460
Revenue335
Total Penalties0
Total Profits125
Efficiency (surplus/opt_surplus)100.00
Revenue Ratio (revenue/opt_surplus)72.83
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)72.83
Bidder Earnings8 , 6 , 5 , 44 , 41 , 3 , 18 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning8 , 6 , 5 , 44 , 41 , 3 , 18 , 0 ,
Round: 1
Number of Bids29
Allocation5,5,6,2,1,1,1,7,5,3,6,7
Prices5.0,15.0,20.0,10.0,10.0,15.0,5.0,5.0,15.0,15.0,20.0,10.0
Revenue145
Efficiency75.87
Round: 2
Number of Bids42
Allocation8,5,2,6,8,3,3,8,5,3,4,4
Prices10.0,15.0,30.0,15.0,15.0,20.0,10.0,10.0,15.0,15.0,25.0,15.0
Revenue195
Efficiency90.22
Round: 3
Number of Bids53
Allocation7,1,6,2,7,3,1,7,5,6,4,4
Prices15.0,20.0,35.0,20.0,20.0,20.0,15.0,15.0,15.0,20.0,25.0,15.0
Revenue235
Efficiency90.22
Round: 4
Number of Bids64
Allocation5,2,2,6,8,3,3,7,5,3,4,4
Prices20.0,25.0,40.0,25.0,25.0,20.0,20.0,20.0,15.0,25.0,25.0,15.0
Revenue275
Efficiency86.96
Round: 5
Number of Bids71
Allocation7,5,2,2,8,3,1,4,5,6,4,4
Prices25.0,30.0,40.0,30.0,25.0,20.0,25.0,35.0,15.0,30.0,25.0,15.0
Revenue315
Efficiency98.04
Round: 6
Number of Bids74
Allocation7,5,2,6,8,2,1,4,5,3,4,4
Prices25.0,30.0,40.0,35.0,25.0,30.0,25.0,35.0,15.0,35.0,25.0,15.0
Revenue335
Efficiency100.00
Round: 7
Number of Bids74
Allocation7,5,2,6,8,2,1,4,5,3,4,4
Prices25.0,30.0,40.0,35.0,25.0,30.0,25.0,35.0,15.0,35.0,25.0,15.0
Revenue335
Efficiency100.00
Auction: 7
Number of Rounds8
Allocation7,6,2,2,8,4,1,7,8,6,5,8
Optimal Allocation7,6,2,2,8,4,1,7,8,6,5,8
Final Price15.0,35.0,40.0,30.0,35.0,35.0,15.0,35.0,15.0,30.0,30.0,25.0
Surplus458
Optimal Surplus458
Revenue340
Total Penalties0
Total Profits118
Efficiency (surplus/opt_surplus)100.00
Revenue Ratio (revenue/opt_surplus)74.24
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)74.24
Bidder Earnings29 , 19 , 0 , 4 , 1 , 14 , 32 , 19 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning29 , 19 , 0 , 4 , 1 , 14 , 32 , 19 ,
Round: 1
Number of Bids30
Allocation7,5,5,2,7,3,0,7,7,3,5,7
Prices5.0,15.0,20.0,10.0,15.0,15.0,.0,5.0,10.0,15.0,15.0,5.0
Revenue130
Efficiency69.43
Round: 2
Number of Bids48
Allocation8,1,2,7,3,1,1,8,8,6,5,6
Prices10.0,20.0,25.0,15.0,20.0,20.0,5.0,10.0,15.0,20.0,15.0,10.0
Revenue185
Efficiency86.24
Round: 3
Number of Bids61
Allocation7,1,5,2,8,4,2,7,8,3,4,4
Prices15.0,20.0,30.0,20.0,25.0,35.0,10.0,15.0,15.0,25.0,25.0,15.0
Revenue250
Efficiency86.90
Round: 4
Number of Bids71
Allocation7,6,2,7,3,4,1,8,8,6,5,6
Prices15.0,25.0,40.0,25.0,30.0,35.0,15.0,20.0,15.0,30.0,30.0,20.0
Revenue300
Efficiency94.54
Round: 5
Number of Bids76
Allocation7,1,2,2,8,4,1,7,8,6,5,8
Prices15.0,30.0,40.0,30.0,35.0,35.0,15.0,25.0,15.0,30.0,30.0,25.0
Revenue325
Efficiency98.91
Round: 6
Number of Bids78
Allocation7,6,2,2,8,4,1,8,8,6,5,8
Prices15.0,35.0,40.0,30.0,35.0,35.0,15.0,30.0,15.0,30.0,30.0,25.0
Revenue335
Efficiency100.00
Round: 7
Number of Bids79
Allocation7,6,2,2,8,4,1,7,8,6,5,8
Prices15.0,35.0,40.0,30.0,35.0,35.0,15.0,35.0,15.0,30.0,30.0,25.0
Revenue340
Efficiency100.00
Round: 8
Number of Bids79
Allocation7,6,2,2,8,4,1,7,8,6,5,8
Prices15.0,35.0,40.0,30.0,35.0,35.0,15.0,35.0,15.0,30.0,30.0,25.0
Revenue340
Efficiency100.00
Auction: 8
Number of Rounds8
Allocation5,2,6,7,8,2,3,4,3,5,4,4
Optimal Allocation5,2,6,7,8,2,3,4,3,5,4,4
Final Price40.0,10.0,35.0,25.0,30.0,25.0,35.0,30.0,20.0,30.0,35.0,10.0
Surplus449
Optimal Surplus449
Revenue325
Total Penalties0
Total Profits124
Efficiency (surplus/opt_surplus)100.00
Revenue Ratio (revenue/opt_surplus)72.38
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)72.38
Bidder Earnings0 , 38 , 21 , 29 , 17 , 8 , 0 , 11 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning0 , 38 , 21 , 29 , 17 , 8 , 0 , 11 ,
Round: 1
Number of Bids29
Allocation5,2,2,7,1,1,1,7,7,5,5,7
Prices20.0,10.0,15.0,5.0,15.0,10.0,15.0,15.0,10.0,20.0,10.0,5.0
Revenue150
Efficiency77.06
Round: 2
Number of Bids43
Allocation7,2,6,6,8,2,3,4,8,5,6,4
Prices25.0,10.0,25.0,10.0,20.0,15.0,20.0,20.0,15.0,20.0,15.0,10.0
Revenue205
Efficiency89.31
Round: 3
Number of Bids54
Allocation5,2,6,7,1,1,1,4,3,5,3,4
Prices30.0,10.0,25.0,15.0,25.0,20.0,25.0,20.0,20.0,20.0,20.0,10.0
Revenue240
Efficiency91.09
Round: 4
Number of Bids62
Allocation5,2,2,6,8,1,2,4,3,6,4,4
Prices30.0,10.0,30.0,20.0,30.0,20.0,30.0,20.0,20.0,25.0,25.0,10.0
Revenue270
Efficiency91.54
Round: 5
Number of Bids68
Allocation1,2,6,7,8,1,3,4,3,5,3,4
Prices35.0,10.0,35.0,25.0,30.0,20.0,35.0,20.0,20.0,30.0,30.0,10.0
Revenue300
Efficiency94.65
Round: 6
Number of Bids72
Allocation5,2,6,7,8,2,3,2,3,5,4,4
Prices40.0,10.0,35.0,25.0,30.0,25.0,35.0,25.0,20.0,30.0,35.0,10.0
Revenue320
Efficiency98.66
Round: 7
Number of Bids73
Allocation5,2,6,7,8,2,3,4,3,5,4,4
Prices40.0,10.0,35.0,25.0,30.0,25.0,35.0,30.0,20.0,30.0,35.0,10.0
Revenue325
Efficiency100.00
Round: 8
Number of Bids73
Allocation5,2,6,7,8,2,3,4,3,5,4,4
Prices40.0,10.0,35.0,25.0,30.0,25.0,35.0,30.0,20.0,30.0,35.0,10.0
Revenue325
Efficiency100.00
Auction: 9
Number of Rounds10
Allocation7,2,2,2,3,3,1,8,8,6,4,6
Optimal Allocation7,2,2,2,3,4,1,8,8,6,4,6
Final Price30.0,40.0,20.0,30.0,35.0,40.0,10.0,35.0,30.0,25.0,20.0,45.0
Surplus427
Optimal Surplus427
Revenue360
Total Penalties0
Total Profits67
Efficiency (surplus/opt_surplus)100.00
Revenue Ratio (revenue/opt_surplus)84.31
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)84.31
Bidder Earnings18 , 13 , 3 , 5 , 0 , 17 , 2 , 9 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning18 , 13 , 3 , 5 , 0 , 17 , 2 , 9 ,
Round: 1
Number of Bids30
Allocation1,5,1,7,1,4,3,7,5,6,3,6
Prices25.0,10.0,15.0,10.0,10.0,5.0,5.0,15.0,15.0,15.0,5.0,15.0
Revenue145
Efficiency74.71
Round: 2
Number of Bids42
Allocation7,2,2,7,1,2,3,8,8,5,6,8
Prices30.0,15.0,20.0,10.0,10.0,10.0,5.0,20.0,20.0,20.0,10.0,20.0
Revenue190
Efficiency80.80
Round: 3
Number of Bids52
Allocation7,5,2,6,3,3,1,4,5,5,4,6
Prices30.0,20.0,20.0,15.0,15.0,15.0,10.0,30.0,25.0,20.0,20.0,25.0
Revenue245
Efficiency90.16
Round: 4
Number of Bids61
Allocation7,6,2,2,1,2,1,8,8,5,4,8
Prices30.0,25.0,20.0,20.0,20.0,20.0,10.0,35.0,30.0,20.0,20.0,30.0
Revenue280
Efficiency90.87
Round: 5
Number of Bids66
Allocation7,6,2,2,3,3,1,8,8,6,4,6
Prices30.0,25.0,20.0,20.0,25.0,25.0,10.0,35.0,30.0,25.0,20.0,35.0
Revenue300
Efficiency99.53
Round: 6
Number of Bids70
Allocation7,2,2,2,1,4,1,8,8,6,4,8
Prices30.0,30.0,20.0,20.0,30.0,35.0,10.0,35.0,30.0,25.0,20.0,40.0
Revenue325
Efficiency98.59
Round: 7
Number of Bids74
Allocation7,6,2,6,3,3,1,8,8,6,4,8
Prices30.0,35.0,20.0,25.0,35.0,40.0,10.0,35.0,30.0,25.0,20.0,40.0
Revenue345
Efficiency99.30
Round: 8
Number of Bids76
Allocation7,2,2,2,3,3,1,8,8,6,4,8
Prices30.0,40.0,20.0,30.0,35.0,40.0,10.0,35.0,30.0,25.0,20.0,40.0
Revenue355
Efficiency99.77
Round: 9
Number of Bids77
Allocation7,2,2,2,3,3,1,8,8,6,4,6
Prices30.0,40.0,20.0,30.0,35.0,40.0,10.0,35.0,30.0,25.0,20.0,45.0
Revenue360
Efficiency100.00
Round: 10
Number of Bids77
Allocation7,2,2,2,3,3,1,8,8,6,4,6
Prices30.0,40.0,20.0,30.0,35.0,40.0,10.0,35.0,30.0,25.0,20.0,45.0
Revenue360
Efficiency100.00
Auction: 10
Number of Rounds8
Allocation1,1,2,7,7,3,4,7,5,6,5,8
Optimal Allocation1,1,2,2,7,3,1,7,5,6,5,8
Final Price35.0,30.0,25.0,15.0,25.0,15.0,20.0,40.0,10.0,30.0,20.0,15.0
Surplus383
Optimal Surplus385
Revenue280
Total Penalties0
Total Profits103
Efficiency (surplus/opt_surplus)99.48
Revenue Ratio (revenue/opt_surplus)72.73
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)72.73
Bidder Earnings13 , 3 , 19 , 1 , 27 , 9 , 19 , 12 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning13 , 3 , 19 , 1 , 27 , 9 , 19 , 12 ,
Round: 1
Number of Bids30
Allocation7,5,1,7,7,1,3,2,7,6,5,7
Prices15.0,15.0,15.0,15.0,5.0,10.0,5.0,10.0,5.0,15.0,20.0,10.0
Revenue140
Efficiency71.95
Round: 2
Number of Bids44
Allocation1,6,6,7,3,3,4,8,5,4,5,8
Prices20.0,20.0,20.0,15.0,10.0,15.0,20.0,15.0,10.0,25.0,20.0,15.0
Revenue205
Efficiency83.38
Round: 3
Number of Bids52
Allocation5,1,2,7,7,3,4,7,5,6,5,8
Prices25.0,30.0,25.0,15.0,15.0,15.0,20.0,20.0,10.0,30.0,20.0,15.0
Revenue240
Efficiency96.62
Round: 4
Number of Bids56
Allocation1,1,2,7,3,3,4,2,5,6,5,8
Prices35.0,30.0,25.0,15.0,20.0,15.0,20.0,25.0,10.0,30.0,20.0,15.0
Revenue260
Efficiency95.06
Round: 5
Number of Bids58
Allocation1,1,2,7,7,3,4,7,5,6,5,8
Prices35.0,30.0,25.0,15.0,25.0,15.0,20.0,30.0,10.0,30.0,20.0,15.0
Revenue270
Efficiency99.48
Round: 6
Number of Bids59
Allocation1,1,2,7,7,3,4,2,5,6,5,8
Prices35.0,30.0,25.0,15.0,25.0,15.0,20.0,35.0,10.0,30.0,20.0,15.0
Revenue275
Efficiency98.70
Round: 7
Number of Bids60
Allocation1,1,2,7,7,3,4,7,5,6,5,8
Prices35.0,30.0,25.0,15.0,25.0,15.0,20.0,40.0,10.0,30.0,20.0,15.0
Revenue280
Efficiency99.48
Round: 8
Number of Bids60
Allocation1,1,2,7,7,3,4,7,5,6,5,8
Prices35.0,30.0,25.0,15.0,25.0,15.0,20.0,40.0,10.0,30.0,20.0,15.0
Revenue280
Efficiency99.48