Experiment Definition

Experiment Name: 4_3_SMR_HO_HC_WR

Total Number Subjects: 8

Group Size: 8

Are Groups Synchronized?

Cash Exchange Rate: 0.4

Experiment Runtime Information

Experiment ID: 47

Experiment Starting Time: 2006-03-28 18:36:21.0

Total Number Of Participants: 8

Experiment Definition Id: 34

Experiment Experimenter Id: 4

Auction-- Statistics

AttributeGroup : 1 Statistics
Auction: 1
Number of Rounds11
Allocation7,2,2,7,7,4,4,7,3,6,4,7
Optimal Allocation7,2,2,7,7,1,4,7,3,3,3,7
Final Price45.0,35.0,45.0,40.0,45.0,45.0,20.0,45.0,35.0,35.0,35.0,35.0
Surplus554
Optimal Surplus574
Revenue460
Total Penalties0
Total Profits94
Efficiency (surplus/opt_surplus)96.52
Revenue Ratio (revenue/opt_surplus)80.14
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)80.14
Bidder Earnings0 , 4 , 5 , 11 , 0 , -2 , 76 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning0 , 4 , 5 , 11 , 0 , -2 , 76 , 0 ,
Round: 1
Number of Bids29
Allocation7,1,6,7,7,4,1,7,7,6,3,7
Prices15.0,5.0,5.0,15.0,15.0,5.0,5.0,15.0,5.0,5.0,5.0,5.0
Revenue100
Efficiency82.58
Round: 2
Number of Bids46
Allocation8,6,5,8,8,2,4,8,8,3,4,8
Prices20.0,10.0,10.0,20.0,20.0,10.0,10.0,20.0,10.0,10.0,10.0,10.0
Revenue160
Efficiency79.62
Round: 3
Number of Bids63
Allocation1,1,2,7,7,4,1,7,5,6,3,7
Prices25.0,15.0,15.0,25.0,25.0,15.0,15.0,25.0,15.0,15.0,15.0,15.0
Revenue220
Efficiency70.21
Round: 4
Number of Bids80
Allocation5,6,2,2,8,4,4,8,8,3,6,8
Prices30.0,20.0,15.0,30.0,30.0,15.0,20.0,30.0,20.0,20.0,20.0,20.0
Revenue270
Efficiency74.74
Round: 5
Number of Bids96
Allocation8,2,5,8,7,1,4,7,7,6,4,7
Prices35.0,25.0,20.0,35.0,35.0,20.0,20.0,35.0,25.0,25.0,25.0,25.0
Revenue325
Efficiency69.51
Round: 6
Number of Bids110
Allocation5,2,2,7,8,4,4,8,8,3,6,8
Prices40.0,25.0,25.0,40.0,40.0,25.0,20.0,40.0,30.0,30.0,30.0,30.0
Revenue375
Efficiency80.66
Round: 7
Number of Bids120
Allocation7,2,5,7,7,1,4,7,3,6,4,7
Prices45.0,25.0,30.0,40.0,45.0,30.0,20.0,45.0,35.0,35.0,35.0,35.0
Revenue420
Efficiency95.30
Round: 8
Number of Bids123
Allocation7,2,2,7,7,4,4,7,3,6,4,7
Prices45.0,25.0,35.0,40.0,45.0,35.0,20.0,45.0,35.0,35.0,35.0,35.0
Revenue430
Efficiency96.52
Round: 9
Number of Bids126
Allocation7,5,1,7,7,1,4,7,3,6,4,7
Prices45.0,30.0,40.0,40.0,45.0,40.0,20.0,45.0,35.0,35.0,35.0,35.0
Revenue445
Efficiency94.77
Round: 10
Number of Bids129
Allocation7,2,2,7,7,4,4,7,3,6,4,7
Prices45.0,35.0,45.0,40.0,45.0,45.0,20.0,45.0,35.0,35.0,35.0,35.0
Revenue460
Efficiency96.52
Round: 11
Number of Bids129
Allocation7,2,2,7,7,4,4,7,3,6,4,7
Prices45.0,35.0,45.0,40.0,45.0,45.0,20.0,45.0,35.0,35.0,35.0,35.0
Revenue460
Efficiency96.52
Auction: 2
Number of Rounds8
Allocation7,6,5,7,7,1,1,7,7,5,6,6
Optimal Allocation7,2,5,7,7,1,1,7,7,6,6,6
Final Price50.0,20.0,15.0,50.0,45.0,35.0,30.0,45.0,45.0,10.0,30.0,35.0
Surplus554
Optimal Surplus575
Revenue410
Total Penalties0
Total Profits144
Efficiency (surplus/opt_surplus)96.35
Revenue Ratio (revenue/opt_surplus)71.30
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)71.30
Bidder Earnings17 , 0 , 0 , 0 , 33 , 43 , 51 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning17 , 0 , 0 , 0 , 33 , 43 , 51 , 0 ,
Round: 1
Number of Bids29
Allocation7,2,1,7,7,3,4,7,7,6,3,7
Prices20.0,5.0,10.0,20.0,15.0,5.0,5.0,15.0,15.0,5.0,5.0,5.0
Revenue125
Efficiency82.61
Round: 2
Number of Bids46
Allocation8,6,5,8,8,4,4,8,8,5,6,8
Prices25.0,10.0,15.0,25.0,20.0,10.0,5.0,20.0,20.0,10.0,10.0,10.0
Revenue180
Efficiency80.87
Round: 3
Number of Bids63
Allocation7,1,5,7,7,3,1,7,7,5,3,6
Prices30.0,15.0,15.0,30.0,25.0,15.0,10.0,25.0,25.0,10.0,15.0,15.0
Revenue230
Efficiency84.70
Round: 4
Number of Bids78
Allocation8,6,5,8,8,4,4,8,8,5,6,7
Prices35.0,20.0,15.0,35.0,30.0,20.0,15.0,30.0,30.0,10.0,20.0,20.0
Revenue280
Efficiency75.30
Round: 5
Number of Bids92
Allocation7,6,5,7,7,2,2,2,7,5,3,6
Prices40.0,20.0,15.0,40.0,35.0,25.0,20.0,35.0,35.0,10.0,25.0,25.0
Revenue325
Efficiency81.91
Round: 6
Number of Bids105
Allocation8,6,5,8,8,4,4,8,8,5,6,8
Prices45.0,20.0,15.0,45.0,40.0,30.0,25.0,40.0,40.0,10.0,30.0,30.0
Revenue370
Efficiency80.87
Round: 7
Number of Bids114
Allocation7,6,5,7,7,1,1,7,7,5,6,6
Prices50.0,20.0,15.0,50.0,45.0,35.0,30.0,45.0,45.0,10.0,30.0,35.0
Revenue410
Efficiency96.35
Round: 8
Number of Bids114
Allocation7,6,5,7,7,1,1,7,7,5,6,6
Prices50.0,20.0,15.0,50.0,45.0,35.0,30.0,45.0,45.0,10.0,30.0,35.0
Revenue410
Efficiency96.35
Auction: 3
Number of Rounds11
Allocation1,6,6,2,1,1,4,8,8,5,3,8
Optimal Allocation1,6,6,2,1,1,4,8,5,5,5,4
Final Price40.0,20.0,20.0,40.0,45.0,25.0,40.0,45.0,45.0,20.0,40.0,40.0
Surplus524
Optimal Surplus557
Revenue420
Total Penalties5
Total Profits104
Efficiency (surplus/opt_surplus)94.08
Revenue Ratio (revenue/opt_surplus)75.40
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)76.30
Bidder Earnings33 , 5 , 3 , 1 , 17 , 48 , 0 , -3 ,
Bidder Penalties0 , 0 , 0 , 5 , 0 , 0 , 0 , 0 ,
Bidder Net Earning33 , 5 , 3 , -4 , 17 , 48 , 0 , -3 ,
Round: 1
Number of Bids30
Allocation7,1,1,2,7,1,2,2,7,5,6,7
Prices15.0,5.0,5.0,25.0,20.0,5.0,25.0,25.0,20.0,5.0,5.0,10.0
Revenue165
Efficiency75.76
Round: 2
Number of Bids47
Allocation8,5,6,7,8,1,4,7,8,3,3,4
Prices20.0,10.0,10.0,30.0,25.0,5.0,35.0,30.0,25.0,10.0,10.0,15.0
Revenue225
Efficiency61.58
Round: 3
Number of Bids64
Allocation7,1,1,8,7,1,2,8,7,3,5,8
Prices25.0,15.0,15.0,35.0,30.0,5.0,40.0,35.0,30.0,10.0,15.0,20.0
Revenue275
Efficiency71.63
Round: 4
Number of Bids81
Allocation8,6,6,8,8,2,4,7,8,4,3,7
Prices30.0,20.0,20.0,35.0,35.0,10.0,45.0,40.0,35.0,15.0,20.0,25.0
Revenue330
Efficiency62.30
Round: 5
Number of Bids95
Allocation7,6,6,2,7,1,4,8,7,5,5,8
Prices35.0,20.0,20.0,40.0,40.0,15.0,45.0,45.0,40.0,20.0,25.0,30.0
Revenue375
Efficiency89.23
Round: 6
Number of Bids101
Allocation1,6,6,2,1,4,4,8,8,5,3,8
Prices40.0,20.0,20.0,40.0,45.0,20.0,45.0,45.0,45.0,20.0,30.0,30.0
Revenue400
Efficiency88.51
Round: 7
Number of Bids103
Allocation1,6,6,2,1,1,4,8,8,5,6,8
Prices40.0,20.0,20.0,40.0,45.0,25.0,45.0,45.0,45.0,20.0,35.0,30.0
Revenue410
Efficiency93.90
Round: 8
Number of Bids104
Allocation1,6,6,2,1,1,0,8,8,5,3,8
Prices40.0,20.0,20.0,40.0,45.0,25.0,35.0,45.0,45.0,20.0,40.0,30.0
Revenue415
Efficiency94.08
Round: 9
Number of Bids105
Allocation1,6,6,2,1,1,4,8,8,5,3,6
Prices40.0,20.0,20.0,40.0,45.0,25.0,40.0,45.0,45.0,20.0,40.0,35.0
Revenue415
Efficiency92.82
Round: 10
Number of Bids106
Allocation1,6,6,2,1,1,4,8,8,5,3,8
Prices40.0,20.0,20.0,40.0,45.0,25.0,40.0,45.0,45.0,20.0,40.0,40.0
Revenue420
Efficiency94.08
Round: 11
Number of Bids106
Allocation1,6,6,2,1,1,4,8,8,5,3,8
Prices40.0,20.0,20.0,40.0,45.0,25.0,40.0,45.0,45.0,20.0,40.0,40.0
Revenue420
Efficiency94.08
Auction: 4
Number of Rounds11
Allocation8,5,5,8,8,2,3,8,8,3,3,8
Optimal Allocation8,5,5,8,8,2,3,8,8,3,3,8
Final Price35.0,35.0,40.0,45.0,50.0,35.0,15.0,55.0,45.0,25.0,30.0,65.0
Surplus657
Optimal Surplus657
Revenue475
Total Penalties0
Total Profits182
Efficiency (surplus/opt_surplus)100.00
Revenue Ratio (revenue/opt_surplus)72.30
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)72.30
Bidder Earnings0 , 7 , 48 , 0 , 20 , 0 , 0 , 107 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning0 , 7 , 48 , 0 , 20 , 0 , 0 , 107 ,
Round: 1
Number of Bids29
Allocation7,6,2,7,7,2,1,4,7,3,6,4
Prices10.0,5.0,5.0,20.0,25.0,5.0,5.0,30.0,20.0,5.0,5.0,40.0
Revenue175
Efficiency68.04
Round: 2
Number of Bids46
Allocation1,5,5,8,8,1,1,8,8,3,3,8
Prices15.0,10.0,10.0,25.0,30.0,10.0,5.0,35.0,25.0,5.0,10.0,45.0
Revenue225
Efficiency85.08
Round: 3
Number of Bids63
Allocation7,6,6,7,7,2,2,2,7,3,6,4
Prices20.0,15.0,15.0,30.0,35.0,15.0,10.0,40.0,30.0,5.0,15.0,50.0
Revenue280
Efficiency69.56
Round: 4
Number of Bids80
Allocation8,5,5,8,8,4,2,8,8,3,3,8
Prices25.0,20.0,20.0,35.0,40.0,20.0,10.0,45.0,35.0,5.0,20.0,55.0
Revenue330
Efficiency95.28
Round: 5
Number of Bids95
Allocation1,1,1,7,7,2,2,2,7,6,3,7
Prices30.0,25.0,25.0,40.0,45.0,25.0,10.0,50.0,40.0,10.0,20.0,60.0
Revenue380
Efficiency71.99
Round: 6
Number of Bids109
Allocation8,6,5,8,8,3,3,8,8,6,6,8
Prices35.0,30.0,30.0,45.0,50.0,30.0,15.0,55.0,45.0,10.0,25.0,65.0
Revenue435
Efficiency92.39
Round: 7
Number of Bids113
Allocation8,5,2,8,8,2,3,8,8,6,3,8
Prices35.0,35.0,35.0,45.0,50.0,35.0,15.0,55.0,45.0,10.0,30.0,65.0
Revenue455
Efficiency94.67
Round: 8
Number of Bids115
Allocation8,5,5,8,8,2,3,8,8,3,3,8
Prices35.0,35.0,40.0,45.0,50.0,35.0,15.0,55.0,45.0,15.0,30.0,65.0
Revenue465
Efficiency100.00
Round: 9
Number of Bids116
Allocation8,5,5,8,8,2,3,8,8,6,3,8
Prices35.0,35.0,40.0,45.0,50.0,35.0,15.0,55.0,45.0,20.0,30.0,65.0
Revenue470
Efficiency96.04
Round: 10
Number of Bids117
Allocation8,5,5,8,8,2,3,8,8,3,3,8
Prices35.0,35.0,40.0,45.0,50.0,35.0,15.0,55.0,45.0,25.0,30.0,65.0
Revenue475
Efficiency100.00
Round: 11
Number of Bids117
Allocation8,5,5,8,8,2,3,8,8,3,3,8
Prices35.0,35.0,40.0,45.0,50.0,35.0,15.0,55.0,45.0,25.0,30.0,65.0
Revenue475
Efficiency100.00
Auction: 5
Number of Rounds10
Allocation7,1,1,0,7,2,2,7,7,6,4,7
Optimal Allocation8,1,1,8,8,2,2,8,8,6,4,8
Final Price55.0,25.0,30.0,50.0,45.0,50.0,50.0,65.0,50.0,15.0,20.0,50.0
Surplus468
Optimal Surplus583
Revenue455
Total Penalties13
Total Profits13
Efficiency (surplus/opt_surplus)80.27
Revenue Ratio (revenue/opt_surplus)78.04
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)80.27
Bidder Earnings23 , -4 , 0 , 12 , 0 , 26 , -44 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 13 ,
Bidder Net Earning23 , -4 , 0 , 12 , 0 , 26 , -44 , -13 ,
Round: 1
Number of Bids29
Allocation7,5,0,7,7,2,2,2,7,6,0,7
Prices20.0,5.0,.0,20.0,10.0,30.0,30.0,30.0,15.0,5.0,.0,15.0
Revenue180
Efficiency81.99
Round: 2
Number of Bids48
Allocation1,5,1,8,1,3,2,4,3,6,3,4
Prices25.0,5.0,5.0,25.0,15.0,35.0,30.0,35.0,20.0,5.0,5.0,20.0
Revenue225
Efficiency66.90
Round: 3
Number of Bids65
Allocation8,6,6,7,8,2,4,8,8,6,3,8
Prices30.0,10.0,10.0,30.0,20.0,40.0,35.0,40.0,25.0,5.0,5.0,25.0
Revenue275
Efficiency79.07
Round: 4
Number of Bids81
Allocation7,5,5,8,7,2,2,2,7,3,4,7
Prices35.0,15.0,15.0,35.0,25.0,40.0,40.0,45.0,30.0,10.0,10.0,30.0
Revenue330
Efficiency75.99
Round: 5
Number of Bids95
Allocation8,6,1,7,1,4,4,8,8,6,4,8
Prices40.0,20.0,20.0,40.0,30.0,45.0,45.0,50.0,35.0,15.0,10.0,35.0
Revenue385
Efficiency81.99
Round: 6
Number of Bids107
Allocation7,1,2,8,7,2,2,7,7,6,4,7
Prices45.0,25.0,25.0,45.0,35.0,50.0,50.0,55.0,40.0,15.0,10.0,40.0
Revenue435
Efficiency80.96
Round: 7
Number of Bids115
Allocation8,1,1,7,8,2,2,8,8,6,6,8
Prices50.0,25.0,30.0,50.0,40.0,50.0,50.0,60.0,45.0,15.0,15.0,45.0
Revenue475
Efficiency89.02
Round: 8
Number of Bids122
Allocation7,1,1,8,7,2,2,7,7,6,4,7
Prices55.0,25.0,30.0,55.0,45.0,50.0,50.0,65.0,50.0,15.0,20.0,50.0
Revenue510
Efficiency85.08
Round: 9
Number of Bids122
Allocation7,1,1,0,7,2,2,7,7,6,4,7
Prices55.0,25.0,30.0,45.0,45.0,50.0,50.0,65.0,50.0,15.0,20.0,50.0
Revenue510
Efficiency85.08
Round: 10
Number of Bids121
Allocation7,1,1,0,7,2,2,7,7,6,4,7
Prices55.0,25.0,30.0,50.0,45.0,50.0,50.0,65.0,50.0,15.0,20.0,50.0
Revenue455
Efficiency80.27
Auction: 6
Number of Rounds12
Allocation7,5,6,6,7,4,1,7,5,3,4,7
Optimal Allocation7,5,2,7,7,3,3,7,7,3,4,7
Final Price40.0,30.0,40.0,45.0,30.0,30.0,30.0,50.0,40.0,35.0,35.0,45.0
Surplus519
Optimal Surplus552
Revenue450
Total Penalties0
Total Profits69
Efficiency (surplus/opt_surplus)94.02
Revenue Ratio (revenue/opt_surplus)81.52
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)81.52
Bidder Earnings3 , 0 , 5 , 6 , 16 , 1 , 38 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning3 , 0 , 5 , 6 , 16 , 1 , 38 , 0 ,
Round: 1
Number of Bids29
Allocation7,5,6,8,8,0,0,4,8,6,4,4
Prices5.0,5.0,5.0,5.0,5.0,.0,.0,35.0,5.0,5.0,5.0,30.0
Revenue105
Efficiency62.50
Round: 2
Number of Bids48
Allocation8,2,1,7,3,3,3,7,7,6,4,7
Prices10.0,10.0,10.0,10.0,10.0,5.0,5.0,40.0,10.0,5.0,5.0,35.0
Revenue155
Efficiency73.19
Round: 3
Number of Bids65
Allocation1,1,6,8,8,3,3,8,8,6,4,8
Prices15.0,15.0,15.0,15.0,15.0,5.0,5.0,45.0,15.0,5.0,5.0,40.0
Revenue195
Efficiency67.57
Round: 4
Number of Bids82
Allocation7,5,2,6,7,4,1,7,5,4,4,7
Prices20.0,20.0,20.0,20.0,20.0,10.0,10.0,50.0,20.0,10.0,5.0,45.0
Revenue250
Efficiency91.67
Round: 5
Number of Bids95
Allocation8,1,6,7,8,3,3,7,7,6,3,7
Prices25.0,25.0,25.0,25.0,25.0,15.0,15.0,50.0,25.0,15.0,10.0,45.0
Revenue300
Efficiency77.36
Round: 6
Number of Bids107
Allocation7,5,2,6,7,4,1,7,5,4,4,7
Prices30.0,30.0,30.0,30.0,30.0,20.0,20.0,50.0,30.0,20.0,15.0,45.0
Revenue350
Efficiency91.67
Round: 7
Number of Bids118
Allocation8,5,2,2,7,2,1,7,7,6,6,7
Prices35.0,30.0,30.0,35.0,30.0,25.0,20.0,50.0,35.0,25.0,20.0,45.0
Revenue380
Efficiency84.78
Round: 8
Number of Bids128
Allocation7,5,6,7,7,4,1,7,5,4,4,7
Prices40.0,30.0,35.0,40.0,30.0,30.0,20.0,50.0,40.0,30.0,25.0,45.0
Revenue415
Efficiency93.30
Round: 9
Number of Bids133
Allocation7,5,6,7,7,4,3,7,5,3,3,7
Prices40.0,30.0,35.0,40.0,30.0,30.0,25.0,50.0,40.0,35.0,30.0,45.0
Revenue430
Efficiency92.93
Round: 10
Number of Bids135
Allocation7,5,6,7,7,4,1,7,5,3,4,7
Prices40.0,30.0,35.0,40.0,30.0,30.0,30.0,50.0,40.0,35.0,35.0,45.0
Revenue440
Efficiency94.38
Round: 11
Number of Bids137
Allocation7,5,6,6,7,4,1,7,5,3,4,7
Prices40.0,30.0,40.0,45.0,30.0,30.0,30.0,50.0,40.0,35.0,35.0,45.0
Revenue450
Efficiency94.02
Round: 12
Number of Bids137
Allocation7,5,6,6,7,4,1,7,5,3,4,7
Prices40.0,30.0,40.0,45.0,30.0,30.0,30.0,50.0,40.0,35.0,35.0,45.0
Revenue450
Efficiency94.02
Auction: 7
Number of Rounds12
Allocation8,1,2,8,8,1,1,8,8,6,6,8
Optimal Allocation8,6,2,8,8,1,1,8,8,6,6,8
Final Price60.0,35.0,40.0,65.0,60.0,40.0,20.0,60.0,60.0,35.0,30.0,60.0
Surplus668
Optimal Surplus673
Revenue565
Total Penalties0
Total Profits103
Efficiency (surplus/opt_surplus)99.26
Revenue Ratio (revenue/opt_surplus)83.95
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)83.95
Bidder Earnings25 , 5 , 0 , 0 , 0 , 14 , 0 , 59 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning25 , 5 , 0 , 0 , 0 , 14 , 0 , 59 ,
Round: 1
Number of Bids29
Allocation7,2,2,2,7,4,4,7,7,6,5,7
Prices15.0,15.0,15.0,15.0,15.0,5.0,15.0,15.0,15.0,5.0,5.0,15.0
Revenue150
Efficiency79.79
Round: 2
Number of Bids46
Allocation8,6,1,8,3,1,4,8,8,3,6,8
Prices20.0,20.0,20.0,20.0,20.0,10.0,15.0,20.0,20.0,10.0,10.0,20.0
Revenue205
Efficiency74.74
Round: 3
Number of Bids63
Allocation7,1,5,7,7,3,4,7,7,6,5,7
Prices25.0,25.0,25.0,25.0,25.0,15.0,15.0,25.0,25.0,15.0,15.0,25.0
Revenue260
Efficiency81.43
Round: 4
Number of Bids80
Allocation8,6,2,8,3,1,1,8,8,3,6,8
Prices30.0,30.0,30.0,30.0,30.0,20.0,20.0,30.0,30.0,20.0,20.0,30.0
Revenue320
Efficiency85.14
Round: 5
Number of Bids96
Allocation7,6,5,7,7,4,1,7,7,6,4,7
Prices35.0,30.0,35.0,35.0,35.0,25.0,20.0,35.0,35.0,25.0,25.0,35.0
Revenue370
Efficiency87.96
Round: 6
Number of Bids110
Allocation8,6,2,2,1,3,1,8,8,3,6,8
Prices40.0,30.0,40.0,40.0,40.0,30.0,20.0,40.0,40.0,30.0,30.0,40.0
Revenue420
Efficiency78.90
Round: 7
Number of Bids121
Allocation7,6,2,7,7,4,1,7,7,6,6,7
Prices45.0,30.0,40.0,45.0,45.0,35.0,20.0,45.0,45.0,35.0,30.0,45.0
Revenue460
Efficiency90.94
Round: 8
Number of Bids130
Allocation8,1,2,8,8,1,1,8,8,6,6,8
Prices50.0,35.0,40.0,50.0,50.0,40.0,20.0,50.0,50.0,35.0,30.0,50.0
Revenue500
Efficiency99.26
Round: 9
Number of Bids137
Allocation7,1,2,2,7,1,1,7,7,6,6,7
Prices55.0,35.0,40.0,55.0,55.0,40.0,20.0,55.0,55.0,35.0,30.0,55.0
Revenue530
Efficiency84.70
Round: 10
Number of Bids144
Allocation8,1,2,7,8,1,1,8,8,6,6,8
Prices60.0,35.0,40.0,60.0,60.0,40.0,20.0,60.0,60.0,35.0,30.0,60.0
Revenue560
Efficiency87.96
Round: 11
Number of Bids145
Allocation8,1,2,8,8,1,1,8,8,6,6,8
Prices60.0,35.0,40.0,65.0,60.0,40.0,20.0,60.0,60.0,35.0,30.0,60.0
Revenue625
Efficiency104.01
Round: 12
Number of Bids144
Allocation8,1,2,8,8,1,1,8,8,6,6,8
Prices60.0,35.0,40.0,65.0,60.0,40.0,20.0,60.0,60.0,35.0,30.0,60.0
Revenue565
Efficiency99.26
Auction: 8
Number of Rounds10
Allocation7,2,2,7,7,2,3,7,7,5,4,7
Optimal Allocation7,2,2,7,7,2,3,7,7,5,4,7
Final Price45.0,25.0,40.0,35.0,40.0,25.0,40.0,35.0,40.0,35.0,30.0,40.0
Surplus589
Optimal Surplus589
Revenue430
Total Penalties0
Total Profits159
Efficiency (surplus/opt_surplus)100.00
Revenue Ratio (revenue/opt_surplus)73.01
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)73.01
Bidder Earnings0 , 33 , 2 , 13 , 10 , 0 , 101 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning0 , 33 , 2 , 13 , 10 , 0 , 101 , 0 ,
Round: 1
Number of Bids29
Allocation8,1,6,8,8,0,4,8,8,4,4,8
Prices5.0,5.0,5.0,5.0,5.0,.0,10.0,5.0,5.0,5.0,5.0,5.0
Revenue60
Efficiency58.23
Round: 2
Number of Bids47
Allocation1,2,2,6,1,3,2,7,7,6,4,7
Prices10.0,10.0,10.0,10.0,10.0,5.0,15.0,10.0,10.0,10.0,5.0,10.0
Revenue115
Efficiency72.33
Round: 3
Number of Bids64
Allocation7,2,6,7,7,1,3,8,8,5,4,8
Prices15.0,10.0,15.0,15.0,15.0,10.0,20.0,15.0,15.0,15.0,5.0,15.0
Revenue165
Efficiency68.76
Round: 4
Number of Bids81
Allocation1,1,2,8,8,3,2,7,7,6,3,7
Prices20.0,15.0,20.0,20.0,20.0,15.0,25.0,20.0,20.0,20.0,10.0,20.0
Revenue225
Efficiency66.38
Round: 5
Number of Bids98
Allocation8,2,6,7,7,1,3,8,8,5,6,8
Prices25.0,20.0,25.0,25.0,25.0,20.0,30.0,25.0,25.0,25.0,15.0,25.0
Revenue285
Efficiency59.42
Round: 6
Number of Bids115
Allocation5,2,1,8,1,1,2,4,7,4,4,7
Prices30.0,20.0,30.0,30.0,30.0,20.0,35.0,30.0,30.0,30.0,20.0,30.0
Revenue335
Efficiency70.12
Round: 7
Number of Bids127
Allocation7,2,6,7,8,1,3,7,8,5,3,7
Prices35.0,20.0,35.0,35.0,35.0,20.0,40.0,35.0,35.0,35.0,25.0,30.0
Revenue380
Efficiency78.44
Round: 8
Number of Bids135
Allocation5,2,2,7,7,2,3,7,7,5,4,4
Prices40.0,25.0,40.0,35.0,40.0,25.0,40.0,35.0,40.0,35.0,30.0,35.0
Revenue420
Efficiency86.93
Round: 9
Number of Bids137
Allocation7,2,2,7,7,2,3,7,7,5,4,7
Prices45.0,25.0,40.0,35.0,40.0,25.0,40.0,35.0,40.0,35.0,30.0,40.0
Revenue430
Efficiency100.00
Round: 10
Number of Bids137
Allocation7,2,2,7,7,2,3,7,7,5,4,7
Prices45.0,25.0,40.0,35.0,40.0,25.0,40.0,35.0,40.0,35.0,30.0,40.0
Revenue430
Efficiency100.00
Auction: 9
Number of Rounds10
Allocation8,2,2,8,8,3,1,8,8,6,4,8
Optimal Allocation8,2,2,8,8,4,1,8,8,6,6,8
Final Price45.0,45.0,25.0,45.0,40.0,35.0,10.0,40.0,40.0,35.0,25.0,50.0
Surplus596
Optimal Surplus601
Revenue435
Total Penalties0
Total Profits161
Efficiency (surplus/opt_surplus)99.17
Revenue Ratio (revenue/opt_surplus)72.38
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)72.38
Bidder Earnings18 , 5 , 5 , 0 , 0 , 7 , 0 , 126 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning18 , 5 , 5 , 0 , 0 , 7 , 0 , 126 ,
Round: 1
Number of Bids30
Allocation1,2,2,2,1,4,3,8,8,3,4,8
Prices25.0,15.0,15.0,15.0,30.0,5.0,5.0,20.0,20.0,5.0,5.0,20.0
Revenue180
Efficiency71.88
Round: 2
Number of Bids46
Allocation7,5,1,7,3,4,3,7,7,4,6,6
Prices30.0,20.0,20.0,20.0,35.0,5.0,5.0,25.0,25.0,15.0,10.0,25.0
Revenue235
Efficiency63.73
Round: 3
Number of Bids62
Allocation8,2,2,8,8,1,1,8,8,5,4,7
Prices35.0,25.0,25.0,25.0,40.0,10.0,10.0,30.0,30.0,20.0,15.0,30.0
Revenue295
Efficiency79.70
Round: 4
Number of Bids74
Allocation7,2,2,7,8,3,1,7,7,6,6,6
Prices40.0,25.0,25.0,30.0,40.0,15.0,10.0,35.0,35.0,25.0,20.0,35.0
Revenue335
Efficiency71.55
Round: 5
Number of Bids85
Allocation8,2,2,8,8,4,1,8,8,4,4,8
Prices45.0,25.0,25.0,35.0,40.0,20.0,10.0,40.0,40.0,30.0,25.0,40.0
Revenue375
Efficiency97.00
Round: 6
Number of Bids90
Allocation8,6,2,2,8,3,1,8,8,6,4,6
Prices45.0,30.0,25.0,40.0,40.0,25.0,10.0,40.0,40.0,35.0,25.0,45.0
Revenue400
Efficiency80.20
Round: 7
Number of Bids94
Allocation8,2,2,8,8,4,1,8,8,6,4,8
Prices45.0,35.0,25.0,45.0,40.0,30.0,10.0,40.0,40.0,35.0,25.0,50.0
Revenue420
Efficiency99.17
Round: 8
Number of Bids96
Allocation8,6,2,8,8,3,1,8,8,6,4,8
Prices45.0,40.0,25.0,45.0,40.0,35.0,10.0,40.0,40.0,35.0,25.0,50.0
Revenue430
Efficiency97.84
Round: 9
Number of Bids97
Allocation8,2,2,8,8,3,1,8,8,6,4,8
Prices45.0,45.0,25.0,45.0,40.0,35.0,10.0,40.0,40.0,35.0,25.0,50.0
Revenue435
Efficiency99.17
Round: 10
Number of Bids97
Allocation8,2,2,8,8,3,1,8,8,6,4,8
Prices45.0,45.0,25.0,45.0,40.0,35.0,10.0,40.0,40.0,35.0,25.0,50.0
Revenue435
Efficiency99.17
Auction: 10
Number of Rounds12
Allocation1,1,1,7,7,3,0,7,7,6,5,7
Optimal Allocation7,1,2,7,7,3,1,7,7,6,5,7
Final Price55.0,30.0,25.0,40.0,45.0,20.0,20.0,45.0,40.0,30.0,15.0,40.0
Surplus511
Optimal Surplus542
Revenue385
Total Penalties6
Total Profits126
Efficiency (surplus/opt_surplus)94.28
Revenue Ratio (revenue/opt_surplus)71.03
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)72.14
Bidder Earnings11 , 0 , 14 , 0 , 20 , 9 , 72 , 0 ,
Bidder Penalties6 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning5 , 0 , 14 , 0 , 20 , 9 , 72 , 0 ,
Round: 1
Number of Bids29
Allocation5,6,6,8,1,4,4,8,8,4,5,8
Prices5.0,5.0,5.0,5.0,15.0,5.0,10.0,5.0,5.0,5.0,5.0,5.0
Revenue75
Efficiency60.33
Round: 2
Number of Bids46
Allocation8,2,2,7,8,1,1,2,3,6,3,7
Prices10.0,10.0,10.0,10.0,20.0,10.0,15.0,10.0,10.0,10.0,10.0,10.0
Revenue135
Efficiency58.12
Round: 3
Number of Bids63
Allocation5,6,6,8,7,4,4,8,8,3,5,8
Prices15.0,15.0,15.0,15.0,25.0,15.0,20.0,15.0,15.0,15.0,15.0,15.0
Revenue195
Efficiency65.13
Round: 4
Number of Bids80
Allocation8,1,2,7,8,3,1,7,3,6,5,7
Prices20.0,20.0,20.0,20.0,30.0,20.0,25.0,20.0,20.0,20.0,15.0,20.0
Revenue250
Efficiency71.22
Round: 5
Number of Bids93
Allocation7,5,2,8,7,3,1,2,8,3,5,8
Prices25.0,25.0,20.0,25.0,35.0,20.0,25.0,25.0,25.0,25.0,15.0,25.0
Revenue290
Efficiency66.05
Round: 6
Number of Bids103
Allocation8,1,2,7,8,3,1,8,7,6,5,7
Prices30.0,30.0,20.0,30.0,40.0,20.0,25.0,30.0,30.0,30.0,15.0,30.0
Revenue330
Efficiency71.22
Round: 7
Number of Bids111
Allocation1,1,2,8,7,3,1,7,8,6,5,8
Prices35.0,30.0,20.0,35.0,45.0,20.0,25.0,35.0,35.0,30.0,15.0,35.0
Revenue360
Efficiency77.12
Round: 8
Number of Bids118
Allocation8,1,2,7,7,3,1,8,7,6,5,7
Prices40.0,30.0,20.0,40.0,45.0,20.0,25.0,40.0,40.0,30.0,15.0,40.0
Revenue385
Efficiency80.81
Round: 9
Number of Bids121
Allocation1,1,2,7,7,3,0,7,7,6,5,7
Prices45.0,30.0,20.0,40.0,45.0,20.0,15.0,45.0,40.0,30.0,15.0,40.0
Revenue395
Efficiency97.42
Round: 10
Number of Bids122
Allocation7,1,1,7,7,3,0,7,7,6,5,7
Prices50.0,30.0,25.0,40.0,45.0,20.0,15.0,45.0,40.0,30.0,15.0,40.0
Revenue380
Efficiency95.39
Round: 11
Number of Bids123
Allocation1,1,1,7,7,3,0,7,7,6,5,7
Prices55.0,30.0,25.0,40.0,45.0,20.0,15.0,45.0,40.0,30.0,15.0,40.0
Revenue385
Efficiency94.28
Round: 12
Number of Bids123
Allocation1,1,1,7,7,3,0,7,7,6,5,7
Prices55.0,30.0,25.0,40.0,45.0,20.0,20.0,45.0,40.0,30.0,15.0,40.0
Revenue385
Efficiency94.28