Experiment Definition

Experiment Name: SMR_LO_LC_SR Mar_04_06_afternoon

Total Number Subjects: 8

Group Size: 8

Are Groups Synchronized?

Cash Exchange Rate: 0.4

Experiment Runtime Information

Experiment ID: 314

Experiment Starting Time: 2006-03-04 12:51:49.0

Total Number Of Participants: 8

Experiment Definition Id: 187

Experiment Experimenter Id: 134

Auction-- Statistics

AttributeGroup : 1 Statistics
Auction: 2
Number of Rounds10
Allocation1,1,6,7,3,3,1,4,5,5,5,6
Optimal Allocation1,1,6,7,3,3,1,4,5,4,5,6
Final Price30.0,50.0,35.0,30.0,40.0,35.0,50.0,40.0,30.0,70.0,15.0,30.0
Surplus571
Optimal Surplus601
Revenue455
Total Penalties0
Total Profits116
Efficiency (surplus/opt_surplus)95.01
Revenue Ratio (revenue/opt_surplus)75.71
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)75.71
Bidder Earnings24 , 0 , 31 , 11 , 27 , 10 , 13 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning24 , 0 , 31 , 11 , 27 , 10 , 13 , 0 ,
Round: 1
Number of Bids30
Allocation7,1,5,7,8,3,1,7,8,3,5,8
Prices15.0,35.0,5.0,20.0,20.0,5.0,40.0,20.0,25.0,5.0,5.0,25.0
Revenue220
Efficiency82.53
Round: 2
Number of Bids43
Allocation1,6,6,7,3,3,2,4,8,4,4,8
Prices20.0,40.0,10.0,20.0,30.0,30.0,45.0,25.0,25.0,15.0,10.0,25.0
Revenue295
Efficiency78.87
Round: 3
Number of Bids54
Allocation7,2,2,7,3,0,1,7,8,6,5,8
Prices25.0,45.0,15.0,20.0,30.0,5.0,50.0,30.0,25.0,20.0,15.0,25.0
Revenue330
Efficiency79.53
Round: 4
Number of Bids66
Allocation7,1,1,2,3,3,1,4,5,4,5,6
Prices25.0,50.0,20.0,25.0,35.0,25.0,50.0,40.0,30.0,30.0,15.0,30.0
Revenue375
Efficiency96.34
Round: 5
Number of Bids71
Allocation7,1,6,7,3,3,1,4,5,5,5,6
Prices25.0,50.0,25.0,30.0,40.0,30.0,50.0,40.0,30.0,35.0,15.0,30.0
Revenue400
Efficiency93.68
Round: 6
Number of Bids74
Allocation7,1,1,7,3,3,1,4,5,4,5,6
Prices25.0,50.0,30.0,30.0,40.0,35.0,50.0,40.0,30.0,45.0,15.0,30.0
Revenue420
Efficiency98.00
Round: 7
Number of Bids76
Allocation7,1,6,7,3,3,1,4,5,5,5,6
Prices25.0,50.0,35.0,30.0,40.0,35.0,50.0,40.0,30.0,50.0,15.0,30.0
Revenue430
Efficiency93.68
Round: 8
Number of Bids78
Allocation1,1,6,7,3,3,1,4,5,4,5,6
Prices30.0,50.0,35.0,30.0,40.0,35.0,50.0,40.0,30.0,65.0,15.0,30.0
Revenue450
Efficiency100.00
Round: 9
Number of Bids79
Allocation1,1,6,7,3,3,1,4,5,5,5,6
Prices30.0,50.0,35.0,30.0,40.0,35.0,50.0,40.0,30.0,70.0,15.0,30.0
Revenue455
Efficiency95.01
Round: 10
Number of Bids79
Allocation1,1,6,7,3,3,1,4,5,5,5,6
Prices30.0,50.0,35.0,30.0,40.0,35.0,50.0,40.0,30.0,70.0,15.0,30.0
Revenue455
Efficiency95.01
Auction: 3
Number of Rounds17
Allocation1,6,6,6,3,4,2,2,5,5,4,4
Optimal Allocation1,6,1,6,3,4,2,8,5,5,4,4
Final Price30.0,35.0,20.0,45.0,55.0,60.0,45.0,20.0,65.0,40.0,55.0,50.0
Surplus672
Optimal Surplus683
Revenue520
Total Penalties2
Total Profits152
Efficiency (surplus/opt_surplus)98.39
Revenue Ratio (revenue/opt_surplus)76.13
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)76.43
Bidder Earnings15 , 18 , 19 , 36 , 15 , 49 , 0 , 0 ,
Bidder Penalties0 , 1 , 0 , 0 , 0 , 0 , 1 , 0 ,
Bidder Net Earning15 , 17 , 19 , 36 , 15 , 49 , -1 , 0 ,
Round: 1
Number of Bids30
Allocation1,6,1,7,7,1,2,8,7,5,5,7
Prices30.0,5.0,15.0,10.0,15.0,30.0,5.0,20.0,10.0,5.0,5.0,5.0
Revenue155
Efficiency68.67
Round: 2
Number of Bids42
Allocation1,5,1,6,3,3,4,8,7,5,3,4
Prices30.0,10.0,15.0,15.0,30.0,40.0,15.0,20.0,10.0,5.0,15.0,15.0
Revenue220
Efficiency80.38
Round: 3
Number of Bids51
Allocation1,6,1,6,1,2,2,2,5,6,4,4
Prices30.0,15.0,15.0,15.0,35.0,45.0,20.0,25.0,15.0,10.0,30.0,15.0
Revenue270
Efficiency87.41
Round: 4
Number of Bids60
Allocation7,6,1,7,3,4,2,2,3,3,5,4
Prices35.0,15.0,15.0,20.0,40.0,50.0,20.0,25.0,30.0,25.0,35.0,15.0
Revenue325
Efficiency88.14
Round: 5
Number of Bids68
Allocation7,6,1,6,1,2,1,2,5,5,6,4
Prices35.0,15.0,15.0,25.0,45.0,55.0,25.0,25.0,35.0,30.0,40.0,15.0
Revenue390
Efficiency89.90
Round: 6
Number of Bids74
Allocation0,6,1,6,3,4,2,2,3,3,5,4
Prices25.0,15.0,15.0,25.0,50.0,60.0,35.0,25.0,40.0,35.0,45.0,15.0
Revenue395
Efficiency90.34
Round: 7
Number of Bids80
Allocation1,6,1,2,3,4,2,2,5,5,4,4
Prices30.0,15.0,15.0,30.0,50.0,60.0,35.0,25.0,45.0,40.0,55.0,15.0
Revenue415
Efficiency94.29
Round: 8
Number of Bids86
Allocation1,5,1,6,3,4,2,2,3,5,4,6
Prices30.0,20.0,15.0,35.0,55.0,60.0,35.0,25.0,50.0,40.0,55.0,20.0
Revenue440
Efficiency92.97
Round: 9
Number of Bids90
Allocation1,6,1,7,3,4,2,2,5,5,4,4
Prices30.0,25.0,15.0,40.0,55.0,60.0,35.0,25.0,55.0,40.0,55.0,30.0
Revenue465
Efficiency96.19
Round: 10
Number of Bids94
Allocation1,5,1,6,3,4,2,0,3,5,4,6
Prices30.0,30.0,15.0,45.0,55.0,60.0,35.0,15.0,60.0,40.0,55.0,35.0
Revenue485
Efficiency92.97
Round: 11
Number of Bids97
Allocation1,6,1,6,3,4,2,2,5,5,4,4
Prices30.0,35.0,15.0,45.0,55.0,60.0,35.0,20.0,65.0,40.0,55.0,40.0
Revenue495
Efficiency98.39
Round: 12
Number of Bids98
Allocation1,6,1,6,3,4,2,2,5,5,4,6
Prices30.0,35.0,15.0,45.0,55.0,60.0,35.0,20.0,65.0,40.0,55.0,45.0
Revenue500
Efficiency97.66
Round: 13
Number of Bids99
Allocation1,6,1,6,3,4,4,2,5,5,4,6
Prices30.0,35.0,15.0,45.0,55.0,60.0,40.0,20.0,65.0,40.0,55.0,45.0
Revenue505
Efficiency94.58
Round: 14
Number of Bids100
Allocation1,6,1,6,3,4,2,2,5,5,4,6
Prices30.0,35.0,15.0,45.0,55.0,60.0,45.0,20.0,65.0,40.0,55.0,45.0
Revenue510
Efficiency97.66
Round: 15
Number of Bids101
Allocation1,6,1,6,3,4,2,2,5,5,4,4
Prices30.0,35.0,15.0,45.0,55.0,60.0,45.0,20.0,65.0,40.0,55.0,50.0
Revenue515
Efficiency98.39
Round: 16
Number of Bids102
Allocation1,6,6,6,3,4,2,2,5,5,4,4
Prices30.0,35.0,20.0,45.0,55.0,60.0,45.0,20.0,65.0,40.0,55.0,50.0
Revenue520
Efficiency98.39
Round: 17
Number of Bids102
Allocation1,6,6,6,3,4,2,2,5,5,4,4
Prices30.0,35.0,20.0,45.0,55.0,60.0,45.0,20.0,65.0,40.0,55.0,50.0
Revenue520
Efficiency98.39
Auction: 4
Number of Rounds14
Allocation5,6,1,6,1,4,2,2,5,5,4,8
Optimal Allocation5,6,1,6,1,4,2,2,5,5,4,8
Final Price35.0,70.0,60.0,25.0,20.0,45.0,40.0,55.0,65.0,25.0,60.0,25.0
Surplus660
Optimal Surplus660
Revenue525
Total Penalties2
Total Profits135
Efficiency (surplus/opt_surplus)100.00
Revenue Ratio (revenue/opt_surplus)79.55
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)79.85
Bidder Earnings16 , 2 , 0 , 34 , 31 , 38 , 0 , 14 ,
Bidder Penalties1 , 0 , 0 , 0 , 0 , 0 , 1 , 0 ,
Bidder Net Earning15 , 2 , 0 , 34 , 31 , 38 , -1 , 14 ,
Round: 1
Number of Bids30
Allocation7,1,1,7,8,4,0,7,7,0,4,7
Prices15.0,35.0,25.0,10.0,20.0,5.0,.0,10.0,10.0,.0,5.0,10.0
Revenue145
Efficiency57.73
Round: 2
Number of Bids46
Allocation7,6,1,6,8,3,1,4,3,5,3,8
Prices15.0,40.0,25.0,15.0,20.0,15.0,15.0,20.0,15.0,5.0,15.0,15.0
Revenue215
Efficiency89.24
Round: 3
Number of Bids59
Allocation1,2,6,7,8,4,2,8,3,5,4,8
Prices20.0,45.0,30.0,20.0,20.0,25.0,20.0,30.0,20.0,5.0,25.0,15.0
Revenue275
Efficiency86.36
Round: 4
Number of Bids71
Allocation7,6,5,6,8,3,1,2,5,3,4,8
Prices25.0,50.0,35.0,25.0,20.0,30.0,25.0,35.0,25.0,10.0,25.0,15.0
Revenue320
Efficiency90.76
Round: 5
Number of Bids80
Allocation1,2,1,6,8,4,2,4,3,5,4,8
Prices35.0,55.0,40.0,25.0,20.0,35.0,30.0,40.0,30.0,15.0,25.0,15.0
Revenue365
Efficiency96.21
Round: 6
Number of Bids89
Allocation7,6,1,6,8,4,1,2,5,3,3,8
Prices40.0,60.0,40.0,25.0,20.0,35.0,35.0,45.0,35.0,20.0,30.0,15.0
Revenue430
Efficiency101.36
Round: 7
Number of Bids97
Allocation7,2,6,6,1,4,2,4,3,5,5,8
Prices40.0,65.0,45.0,25.0,25.0,35.0,40.0,50.0,40.0,25.0,35.0,15.0
Revenue440
Efficiency89.85
Round: 8
Number of Bids105
Allocation7,2,1,6,1,3,2,2,5,5,4,6
Prices40.0,65.0,50.0,25.0,25.0,40.0,40.0,55.0,45.0,25.0,45.0,20.0
Revenue475
Efficiency92.27
Round: 9
Number of Bids110
Allocation7,6,5,6,1,4,2,2,3,5,4,8
Prices40.0,70.0,55.0,25.0,25.0,45.0,40.0,55.0,50.0,25.0,45.0,25.0
Revenue500
Efficiency95.91
Round: 10
Number of Bids112
Allocation0,6,1,6,1,4,2,2,5,5,4,8
Prices30.0,70.0,60.0,25.0,25.0,45.0,40.0,55.0,55.0,25.0,45.0,25.0
Revenue510
Efficiency98.64
Round: 11
Number of Bids113
Allocation0,6,1,6,0,4,2,2,3,5,5,8
Prices30.0,70.0,60.0,25.0,15.0,45.0,40.0,55.0,60.0,25.0,50.0,25.0
Revenue480
Efficiency87.73
Round: 12
Number of Bids115
Allocation5,6,1,6,0,4,2,2,3,5,4,8
Prices35.0,70.0,60.0,25.0,15.0,45.0,40.0,55.0,60.0,25.0,60.0,25.0
Revenue500
Efficiency95.30
Round: 13
Number of Bids117
Allocation5,6,1,6,1,4,2,2,5,5,4,8
Prices35.0,70.0,60.0,25.0,20.0,45.0,40.0,55.0,65.0,25.0,60.0,25.0
Revenue525
Efficiency100.00
Round: 14
Number of Bids117
Allocation5,6,1,6,1,4,2,2,5,5,4,8
Prices35.0,70.0,60.0,25.0,20.0,45.0,40.0,55.0,65.0,25.0,60.0,25.0
Revenue525
Efficiency100.00
Auction: 5
Number of Rounds22
Allocation5,2,1,6,3,1,4,4,5,3,3,4
Optimal Allocation5,2,1,6,3,3,4,4,5,3,5,4
Final Price30.0,35.0,50.0,50.0,35.0,60.0,30.0,15.0,30.0,20.0,75.0,40.0
Surplus715
Optimal Surplus717
Revenue470
Total Penalties0
Total Profits245
Efficiency (surplus/opt_surplus)99.72
Revenue Ratio (revenue/opt_surplus)65.55
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)65.55
Bidder Earnings28 , 4 , 44 , 115 , 50 , 4 , 0 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning28 , 4 , 44 , 115 , 50 , 4 , 0 , 0 ,
Round: 1
Number of Bids30
Allocation1,2,5,2,1,0,1,7,8,3,5,7
Prices25.0,10.0,5.0,15.0,25.0,.0,25.0,10.0,15.0,5.0,5.0,5.0
Revenue145
Efficiency51.88
Round: 2
Number of Bids41
Allocation1,2,2,6,3,3,4,4,5,3,6,6
Prices25.0,10.0,10.0,20.0,30.0,15.0,30.0,15.0,20.0,5.0,10.0,10.0
Revenue200
Efficiency84.80
Round: 3
Number of Bids49
Allocation1,2,5,2,3,1,4,4,8,3,5,4
Prices25.0,10.0,15.0,35.0,30.0,20.0,30.0,15.0,25.0,5.0,15.0,15.0
Revenue240
Efficiency88.01
Round: 4
Number of Bids57
Allocation1,2,2,6,0,1,4,4,5,3,3,6
Prices25.0,10.0,25.0,40.0,20.0,20.0,30.0,15.0,30.0,5.0,25.0,20.0
Revenue275
Efficiency90.24
Round: 5
Number of Bids64
Allocation5,2,1,2,0,3,4,4,5,6,5,4
Prices30.0,10.0,40.0,45.0,20.0,30.0,30.0,15.0,30.0,10.0,30.0,30.0
Revenue300
Efficiency87.87
Round: 6
Number of Bids71
Allocation5,2,1,6,3,1,4,4,5,6,3,6
Prices30.0,15.0,40.0,50.0,30.0,40.0,30.0,15.0,30.0,10.0,35.0,35.0
Revenue360
Efficiency95.26
Round: 7
Number of Bids74
Allocation5,2,1,6,3,3,4,4,5,6,5,4
Prices30.0,15.0,40.0,50.0,30.0,45.0,30.0,15.0,30.0,10.0,40.0,40.0
Revenue375
Efficiency98.74
Round: 8
Number of Bids76
Allocation5,2,1,6,3,1,4,4,5,6,3,4
Prices30.0,15.0,40.0,50.0,30.0,50.0,30.0,15.0,30.0,10.0,45.0,40.0
Revenue385
Efficiency98.33
Round: 9
Number of Bids78
Allocation5,2,1,6,3,3,4,4,5,6,5,4
Prices30.0,15.0,40.0,50.0,30.0,55.0,30.0,15.0,30.0,10.0,50.0,40.0
Revenue395
Efficiency98.74
Round: 10
Number of Bids80
Allocation5,2,1,6,3,1,4,4,5,3,5,4
Prices30.0,15.0,40.0,50.0,30.0,60.0,30.0,15.0,30.0,15.0,50.0,40.0
Revenue405
Efficiency99.30
Round: 11
Number of Bids81
Allocation5,2,1,6,3,1,4,4,5,3,3,4
Prices30.0,15.0,40.0,50.0,30.0,60.0,30.0,15.0,30.0,15.0,55.0,40.0
Revenue410
Efficiency99.72
Round: 12
Number of Bids82
Allocation5,5,1,6,3,1,4,4,5,3,3,4
Prices30.0,20.0,40.0,50.0,30.0,60.0,30.0,15.0,30.0,15.0,55.0,40.0
Revenue415
Efficiency99.16
Round: 13
Number of Bids83
Allocation5,2,1,6,3,1,4,4,5,3,3,4
Prices30.0,25.0,40.0,50.0,30.0,60.0,30.0,15.0,30.0,15.0,55.0,40.0
Revenue420
Efficiency99.72
Round: 14
Number of Bids84
Allocation5,5,1,6,3,1,4,4,5,3,3,4
Prices30.0,30.0,40.0,50.0,30.0,60.0,30.0,15.0,30.0,15.0,55.0,40.0
Revenue425
Efficiency99.16
Round: 15
Number of Bids85
Allocation5,2,1,6,3,1,4,4,5,3,3,4
Prices30.0,35.0,40.0,50.0,30.0,60.0,30.0,15.0,30.0,15.0,55.0,40.0
Revenue430
Efficiency99.72
Round: 16
Number of Bids87
Allocation5,2,1,6,3,1,4,4,5,3,5,4
Prices30.0,35.0,40.0,50.0,35.0,60.0,30.0,15.0,30.0,15.0,60.0,40.0
Revenue440
Efficiency99.30
Round: 17
Number of Bids89
Allocation5,2,1,6,3,1,4,4,5,3,3,4
Prices30.0,35.0,40.0,50.0,35.0,60.0,30.0,15.0,30.0,20.0,65.0,40.0
Revenue450
Efficiency99.72
Round: 18
Number of Bids90
Allocation5,2,1,6,3,1,4,4,5,3,5,4
Prices30.0,35.0,40.0,50.0,35.0,60.0,30.0,15.0,30.0,20.0,70.0,40.0
Revenue455
Efficiency99.30
Round: 19
Number of Bids91
Allocation5,2,1,6,3,1,4,4,5,3,3,4
Prices30.0,35.0,40.0,50.0,35.0,60.0,30.0,15.0,30.0,20.0,75.0,40.0
Revenue460
Efficiency99.72
Round: 20
Number of Bids92
Allocation5,2,5,6,3,1,4,4,5,3,3,4
Prices30.0,35.0,45.0,50.0,35.0,60.0,30.0,15.0,30.0,20.0,75.0,40.0
Revenue465
Efficiency96.51
Round: 21
Number of Bids93
Allocation5,2,1,6,3,1,4,4,5,3,3,4
Prices30.0,35.0,50.0,50.0,35.0,60.0,30.0,15.0,30.0,20.0,75.0,40.0
Revenue470
Efficiency99.72
Round: 22
Number of Bids93
Allocation5,2,1,6,3,1,4,4,5,3,3,4
Prices30.0,35.0,50.0,50.0,35.0,60.0,30.0,15.0,30.0,20.0,75.0,40.0
Revenue470
Efficiency99.72
Auction: 6
Number of Rounds11
Allocation1,1,2,2,8,2,3,8,5,4,4,4
Optimal Allocation1,1,2,2,8,2,3,8,5,4,4,4
Final Price40.0,20.0,30.0,25.0,30.0,55.0,40.0,25.0,30.0,60.0,25.0,45.0
Surplus681
Optimal Surplus681
Revenue425
Total Penalties0
Total Profits256
Efficiency (surplus/opt_surplus)100.00
Revenue Ratio (revenue/opt_surplus)62.41
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)62.41
Bidder Earnings43 , 76 , 32 , 61 , 22 , 0 , 0 , 22 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning43 , 76 , 32 , 61 , 22 , 0 , 0 , 22 ,
Round: 1
Number of Bids30
Allocation1,6,1,7,7,3,3,7,8,3,0,8
Prices30.0,5.0,25.0,10.0,20.0,5.0,5.0,20.0,10.0,5.0,.0,10.0
Revenue145
Efficiency55.07
Round: 2
Number of Bids45
Allocation7,1,2,2,8,2,4,8,5,4,6,4
Prices35.0,10.0,30.0,15.0,30.0,10.0,15.0,25.0,15.0,20.0,5.0,20.0
Revenue230
Efficiency89.87
Round: 3
Number of Bids56
Allocation1,5,2,2,8,3,3,8,8,3,5,8
Prices40.0,15.0,30.0,15.0,30.0,15.0,20.0,25.0,25.0,25.0,10.0,30.0
Revenue280
Efficiency73.72
Round: 4
Number of Bids66
Allocation1,1,2,6,8,2,4,8,5,6,5,6
Prices40.0,20.0,30.0,20.0,30.0,20.0,25.0,25.0,30.0,30.0,10.0,35.0
Revenue315
Efficiency79.30
Round: 5
Number of Bids72
Allocation1,1,2,2,8,3,3,8,5,4,5,4
Prices40.0,20.0,30.0,25.0,30.0,30.0,35.0,25.0,30.0,45.0,10.0,45.0
Revenue365
Efficiency92.07
Round: 6
Number of Bids75
Allocation1,1,2,2,8,2,3,8,5,6,4,4
Prices40.0,20.0,30.0,25.0,30.0,40.0,35.0,25.0,30.0,55.0,15.0,45.0
Revenue390
Efficiency97.36
Round: 7
Number of Bids77
Allocation1,1,2,2,8,2,3,8,5,4,5,4
Prices40.0,20.0,30.0,25.0,30.0,40.0,35.0,25.0,30.0,60.0,20.0,45.0
Revenue400
Efficiency95.15
Round: 8
Number of Bids79
Allocation1,1,2,2,8,3,3,8,5,4,4,4
Prices40.0,20.0,30.0,25.0,30.0,45.0,35.0,25.0,30.0,60.0,25.0,45.0
Revenue410
Efficiency96.92
Round: 9
Number of Bids80
Allocation1,1,2,2,8,2,3,8,5,4,4,4
Prices40.0,20.0,30.0,25.0,30.0,55.0,35.0,25.0,30.0,60.0,25.0,45.0
Revenue420
Efficiency100.00
Round: 10
Number of Bids81
Allocation1,1,2,2,8,2,3,8,5,4,4,4
Prices40.0,20.0,30.0,25.0,30.0,55.0,40.0,25.0,30.0,60.0,25.0,45.0
Revenue425
Efficiency100.00
Round: 11
Number of Bids81
Allocation1,1,2,2,8,2,3,8,5,4,4,4
Prices40.0,20.0,30.0,25.0,30.0,55.0,40.0,25.0,30.0,60.0,25.0,45.0
Revenue425
Efficiency100.00
Auction: 7
Number of Rounds14
Allocation7,5,1,2,1,1,3,4,5,5,4,4
Optimal Allocation7,5,5,2,1,1,3,2,5,4,4,4
Final Price40.0,60.0,45.0,45.0,45.0,50.0,40.0,65.0,35.0,55.0,60.0,25.0
Surplus684
Optimal Surplus697
Revenue565
Total Penalties0
Total Profits119
Efficiency (surplus/opt_surplus)98.13
Revenue Ratio (revenue/opt_surplus)81.06
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)81.06
Bidder Earnings18 , 17 , 5 , 39 , 35 , 0 , 5 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning18 , 17 , 5 , 39 , 35 , 0 , 5 , 0 ,
Round: 1
Number of Bids30
Allocation1,2,1,7,8,3,1,8,8,5,4,7
Prices30.0,10.0,35.0,15.0,10.0,5.0,25.0,20.0,20.0,5.0,5.0,10.0
Revenue190
Efficiency68.01
Round: 2
Number of Bids43
Allocation7,5,1,2,8,3,3,7,5,3,6,4
Prices40.0,15.0,35.0,20.0,10.0,5.0,30.0,30.0,25.0,15.0,10.0,15.0
Revenue250
Efficiency87.66
Round: 3
Number of Bids54
Allocation7,2,5,6,7,1,3,2,5,6,4,4
Prices40.0,20.0,40.0,25.0,15.0,10.0,30.0,35.0,25.0,20.0,20.0,15.0
Revenue295
Efficiency89.10
Round: 4
Number of Bids65
Allocation7,5,5,2,1,3,3,7,5,3,6,4
Prices40.0,25.0,40.0,35.0,20.0,15.0,30.0,40.0,25.0,25.0,25.0,15.0
Revenue335
Efficiency89.81
Round: 5
Number of Bids74
Allocation7,1,5,6,8,1,3,2,5,6,4,4
Prices40.0,35.0,40.0,40.0,25.0,20.0,30.0,45.0,25.0,30.0,30.0,15.0
Revenue375
Efficiency90.67
Round: 6
Number of Bids82
Allocation7,5,5,2,1,3,3,2,3,4,6,4
Prices40.0,40.0,40.0,45.0,30.0,25.0,30.0,45.0,30.0,35.0,35.0,15.0
Revenue410
Efficiency91.39
Round: 7
Number of Bids90
Allocation7,2,5,2,8,1,1,2,5,6,4,6
Prices40.0,45.0,40.0,45.0,35.0,30.0,35.0,45.0,35.0,40.0,45.0,20.0
Revenue455
Efficiency90.96
Round: 8
Number of Bids97
Allocation7,2,5,2,1,3,3,2,5,5,6,4
Prices40.0,45.0,40.0,45.0,45.0,35.0,40.0,45.0,35.0,45.0,50.0,25.0
Revenue490
Efficiency94.69
Round: 9
Number of Bids103
Allocation7,2,1,2,1,1,3,2,5,4,4,4
Prices40.0,45.0,45.0,45.0,45.0,40.0,40.0,45.0,35.0,50.0,60.0,25.0
Revenue515
Efficiency99.57
Round: 10
Number of Bids106
Allocation7,5,1,2,1,3,3,2,5,5,4,4
Prices40.0,50.0,45.0,45.0,45.0,45.0,40.0,45.0,35.0,55.0,60.0,25.0
Revenue530
Efficiency96.41
Round: 11
Number of Bids109
Allocation7,2,1,2,1,1,3,4,5,5,4,4
Prices40.0,55.0,45.0,45.0,45.0,50.0,40.0,50.0,35.0,55.0,60.0,25.0
Revenue545
Efficiency97.99
Round: 12
Number of Bids111
Allocation7,5,1,2,1,1,3,2,5,5,4,4
Prices40.0,60.0,45.0,45.0,45.0,50.0,40.0,55.0,35.0,55.0,60.0,25.0
Revenue555
Efficiency97.99
Round: 13
Number of Bids112
Allocation7,5,1,2,1,1,3,4,5,5,4,4
Prices40.0,60.0,45.0,45.0,45.0,50.0,40.0,65.0,35.0,55.0,60.0,25.0
Revenue565
Efficiency98.13
Round: 14
Number of Bids112
Allocation7,5,1,2,1,1,3,4,5,5,4,4
Prices40.0,60.0,45.0,45.0,45.0,50.0,40.0,65.0,35.0,55.0,60.0,25.0
Revenue565
Efficiency98.13