Experiment Definition

Experiment Name: 3W_SMRPB_HO_HC

Total Number Subjects: 8

Group Size: 8

Are Groups Synchronized?

Cash Exchange Rate: 0.4

Experiment Runtime Information

Experiment ID: 28

Experiment Starting Time: 2006-03-15 14:50:00.0

Total Number Of Participants: 8

Experiment Definition Id: 22

Experiment Experimenter Id: 4

Auction-- Statistics

AttributeGroup : 1 Statistics
Auction: 1
Number of Rounds9
Allocation7,5,5,7,7,4,4,7,7,3,3,7
Optimal Allocation7,2,2,7,7,1,4,7,3,3,3,7
Final Price35.7,38.7,41.3,14.3,56.8,38.6,31.4,43.0,58.0,33.0,37.0,32.2
Surplus564
Optimal Surplus574
Revenue460
Total Penalties0
Total Profits104
Efficiency (surplus/opt_surplus)98.26
Revenue Ratio (revenue/opt_surplus)80.14
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)80.14
Bidder Earnings0 , 0 , 3 , 2 , 3 , 0 , 96 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning0 , 0 , 3 , 2 , 3 , 0 , 96 , 0 ,
Round: 1
Number of Bids34
Allocation7,0,6,7,7,4,4,7,7,6,6,7
Prices11.7,-.0,13.3,11.7,11.7,5.0,5.0,11.7,11.7,13.3,13.3,11.7
Revenue120
Efficiency83.80
Round: 2
Number of Bids49
Allocation8,0,6,8,8,4,4,8,8,6,6,8
Prices37.0,-.0,5.0,35.0,27.0,10.0,.0,18.0,18.0,18.0,17.0,5.0
Revenue190
Efficiency71.95
Round: 3
Number of Bids80
Allocation8,1,1,8,8,4,4,8,8,6,4,8
Prices62.0,5.0,10.0,40.0,32.0,15.0,5.0,27.2,28.0,18.0,22.0,20.7
Revenue285
Efficiency82.75
Round: 4
Number of Bids91
Allocation7,1,2,7,7,2,2,7,7,3,3,7
Prices77.0,5.0,20.0,42.5,42.0,15.0,10.0,27.6,33.0,23.0,27.0,17.9
Revenue340
Efficiency87.63
Round: 5
Number of Bids102
Allocation7,5,5,7,7,1,1,7,7,3,3,7
Prices55.6,23.6,26.4,34.4,47.0,21.3,13.7,33.0,48.0,28.0,22.0,22.0
Revenue375
Efficiency97.21
Round: 6
Number of Bids115
Allocation7,2,2,7,7,4,2,7,7,4,4,7
Prices48.2,31.2,38.8,21.8,51.8,26.0,19.0,38.0,53.0,33.0,27.0,27.2
Revenue415
Efficiency92.51
Round: 7
Number of Bids122
Allocation7,5,5,7,7,1,1,7,7,3,3,7
Prices36.9,37.4,42.6,13.1,56.9,33.6,26.4,43.0,58.0,38.0,32.0,32.1
Revenue450
Efficiency97.21
Round: 8
Number of Bids125
Allocation7,5,5,7,7,4,4,7,7,3,3,7
Prices35.7,38.7,41.3,14.3,56.8,38.6,31.4,43.0,58.0,33.0,37.0,32.2
Revenue460
Efficiency98.26
Round: 9
Number of Bids125
Allocation7,5,5,7,7,4,4,7,7,3,3,7
Prices35.7,38.7,41.3,14.3,56.8,38.6,31.4,43.0,58.0,33.0,37.0,32.2
Revenue460
Efficiency98.26
Auction: 2
Number of Rounds12
Allocation7,2,5,7,7,1,1,7,7,6,6,6
Optimal Allocation7,2,5,7,7,1,1,7,7,6,6,6
Final Price18.0,21.0,30.0,41.0,34.2,36.0,39.0,68.1,52.8,10.0,23.0,97.0
Surplus575
Optimal Surplus575
Revenue470
Total Penalties0
Total Profits105
Efficiency (surplus/opt_surplus)100.00
Revenue Ratio (revenue/opt_surplus)81.74
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)81.74
Bidder Earnings7 , 7 , 0 , 0 , 9 , 10 , 72 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning7 , 7 , 0 , 0 , 9 , 10 , 72 , 0 ,
Round: 1
Number of Bids39
Allocation1,1,5,8,0,2,2,2,3,6,6,6
Prices10.0,.0,30.0,5.0,-.0,5.0,5.0,5.0,5.0,5.0,5.0,45.0
Revenue120
Efficiency63.65
Round: 2
Number of Bids53
Allocation7,6,5,7,7,1,1,7,7,0,3,7
Prices5.0,5.0,30.0,5.0,5.0,10.0,10.0,5.0,20.0,-.0,5.0,60.0
Revenue160
Efficiency89.39
Round: 3
Number of Bids63
Allocation8,0,5,8,1,1,1,8,3,6,6,6
Prices15.0,-.0,30.0,12.5,12.1,14.0,14.0,12.5,5.0,19.8,22.3,72.9
Revenue230
Efficiency75.48
Round: 4
Number of Bids74
Allocation7,5,5,7,7,4,4,7,7,0,4,7
Prices14.6,6.3,33.7,13.4,9.9,17.5,17.5,19.9,17.1,-.0,29.9,85.1
Revenue265
Efficiency83.83
Round: 5
Number of Bids92
Allocation8,2,5,2,1,2,1,8,8,6,6,6
Prices20.0,11.0,30.0,18.0,15.0,23.0,22.0,25.0,22.0,5.0,35.0,90.0
Revenue316
Efficiency72.35
Round: 6
Number of Bids103
Allocation8,5,5,8,1,1,1,8,8,6,6,6
Prices20.0,11.0,29.0,18.0,20.0,28.0,27.0,40.0,27.0,5.0,30.0,95.0
Revenue350
Efficiency80.52
Round: 7
Number of Bids110
Allocation8,2,5,8,8,1,1,8,8,6,6,6
Prices10.0,21.0,30.0,33.0,20.0,28.0,27.0,53.7,33.2,10.0,23.8,96.2
Revenue386
Efficiency88.70
Round: 8
Number of Bids115
Allocation7,6,5,7,7,4,4,7,7,3,3,7
Prices5.0,26.0,30.0,28.0,25.0,33.0,32.0,59.0,46.7,9.0,6.0,112.2
Revenue412
Efficiency89.22
Round: 9
Number of Bids120
Allocation8,2,5,8,8,1,1,8,8,6,6,6
Prices13.9,21.0,30.0,36.9,28.9,38.0,37.0,62.8,46.4,10.0,15.3,104.7
Revenue445
Efficiency88.70
Round: 10
Number of Bids122
Allocation7,2,5,7,7,1,1,7,7,6,6,6
Prices17.0,21.0,30.0,40.0,34.5,31.0,44.0,68.4,54.1,10.0,18.0,102.0
Revenue470
Efficiency100.00
Round: 11
Number of Bids123
Allocation7,2,5,7,7,1,1,7,7,6,6,6
Prices18.0,21.0,30.0,41.0,34.2,36.0,39.0,68.1,52.8,10.0,23.0,97.0
Revenue470
Efficiency100.00
Round: 12
Number of Bids123
Allocation7,2,5,7,7,1,1,7,7,6,6,6
Prices18.0,21.0,30.0,41.0,34.2,36.0,39.0,68.1,52.8,10.0,23.0,97.0
Revenue470
Efficiency100.00
Auction: 3
Number of Rounds14
Allocation0,6,6,2,1,1,1,8,5,5,5,6
Optimal Allocation1,6,6,2,1,1,4,8,5,5,5,4
Final Price-.0,27.7,21.3,38.0,55.3,30.0,44.7,35.0,71.7,25.0,38.3,40.0
Surplus511
Optimal Surplus557
Revenue427
Total Penalties0
Total Profits84
Efficiency (surplus/opt_surplus)91.74
Revenue Ratio (revenue/opt_surplus)76.66
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)76.66
Bidder Earnings10 , 7 , 0 , 0 , 20 , 38 , 0 , 9 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning10 , 7 , 0 , 0 , 20 , 38 , 0 , 9 ,
Round: 1
Number of Bids47
Allocation7,1,1,7,7,0,4,7,7,3,3,7
Prices5.0,5.0,5.0,5.0,10.0,-.0,5.0,10.0,20.0,5.0,5.0,20.0
Revenue95
Efficiency65.35
Round: 2
Number of Bids63
Allocation8,6,6,8,8,1,4,8,8,3,6,8
Prices19.2,18.3,18.3,19.2,21.7,5.0,5.0,21.7,31.7,5.0,23.3,26.7
Revenue215
Efficiency89.05
Round: 3
Number of Bids82
Allocation1,1,1,0,8,4,4,4,5,5,5,6
Prices23.9,23.5,23.5,-.0,15.0,12.5,30.5,39.0,80.0,12.5,7.5,32.0
Revenue300
Efficiency73.07
Round: 4
Number of Bids96
Allocation8,6,6,8,8,1,3,8,8,3,6,8
Prices29.0,25.2,25.2,21.3,33.0,5.0,35.0,42.1,67.6,18.0,19.7,42.0
Revenue363
Efficiency88.87
Round: 5
Number of Bids113
Allocation8,6,6,8,8,2,3,8,8,3,6,8
Prices24.5,18.8,18.8,33.5,35.5,10.0,42.5,44.5,62.0,10.5,47.5,35.0
Revenue383
Efficiency83.84
Round: 6
Number of Bids121
Allocation8,6,6,8,8,1,3,8,8,3,6,8
Prices29.0,24.0,5.0,38.0,40.5,15.0,47.5,34.5,58.5,5.5,56.0,34.5
Revenue388
Efficiency88.87
Round: 7
Number of Bids127
Allocation8,6,5,8,8,1,3,8,8,5,5,8
Prices26.6,24.0,10.0,35.6,50.0,15.0,35.0,39.3,49.0,20.0,51.0,34.6
Revenue390
Efficiency87.97
Round: 8
Number of Bids133
Allocation8,6,6,8,8,1,4,8,8,5,6,8
Prices18.0,24.0,10.0,31.0,60.0,15.0,40.0,42.0,44.0,25.0,51.0,40.0
Revenue400
Efficiency92.10
Round: 9
Number of Bids136
Allocation0,6,6,2,1,1,1,8,5,5,5,6
Prices-.0,26.0,23.0,38.0,50.0,35.0,45.0,15.0,77.0,22.0,36.0,40.0
Revenue407
Efficiency91.74
Round: 10
Number of Bids138
Allocation8,6,6,2,1,1,1,4,5,5,5,6
Prices5.0,28.7,20.2,38.0,58.0,27.3,44.7,25.0,69.0,25.0,41.0,40.0
Revenue422
Efficiency90.31
Round: 11
Number of Bids139
Allocation8,6,6,2,1,1,1,4,5,5,5,6
Prices5.0,27.4,21.6,38.0,54.4,30.9,44.7,25.0,72.6,25.0,37.4,40.0
Revenue422
Efficiency90.31
Round: 12
Number of Bids141
Allocation0,6,6,2,1,1,1,8,5,5,5,6
Prices-.0,28.1,20.9,38.0,56.2,29.1,44.7,35.0,70.8,25.0,39.2,40.0
Revenue427
Efficiency91.74
Round: 13
Number of Bids142
Allocation0,6,6,2,1,1,1,8,5,5,5,6
Prices-.0,27.7,21.3,38.0,55.3,30.0,44.7,35.0,71.7,25.0,38.3,40.0
Revenue427
Efficiency91.74
Round: 14
Number of Bids142
Allocation0,6,6,2,1,1,1,8,5,5,5,6
Prices-.0,27.7,21.3,38.0,55.3,30.0,44.7,35.0,71.7,25.0,38.3,40.0
Revenue427
Efficiency91.74
Auction: 4
Number of Rounds10
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 Price48.0,31.3,41.7,34.1,52.9,30.0,9.4,76.7,37.9,15.6,25.0,70.3
Surplus657
Optimal Surplus657
Revenue473
Total Penalties0
Total Profits184
Efficiency (surplus/opt_surplus)100.00
Revenue Ratio (revenue/opt_surplus)71.99
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)71.99
Bidder Earnings0 , 12 , 68 , 0 , 22 , 0 , 0 , 82 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning0 , 12 , 68 , 0 , 22 , 0 , 0 , 82 ,
Round: 1
Number of Bids31
Allocation7,6,6,7,7,4,0,7,7,3,6,7
Prices6.7,22.5,22.5,6.7,10.0,5.0,-.0,15.0,6.7,5.0,5.0,25.0
Revenue130
Efficiency77.32
Round: 2
Number of Bids54
Allocation8,5,5,8,8,3,0,8,8,5,3,8
Prices20.7,25.0,25.0,.0,22.3,10.0,-.0,40.0,12.0,20.0,.0,45.0
Revenue220
Efficiency91.17
Round: 3
Number of Bids71
Allocation7,5,5,7,7,4,3,7,7,3,3,7
Prices26.0,30.0,30.0,5.0,27.0,5.0,5.0,55.0,15.7,20.0,10.0,41.3
Revenue270
Efficiency88.74
Round: 4
Number of Bids74
Allocation8,5,5,8,8,4,1,8,8,3,3,8
Prices27.0,26.8,33.2,16.8,32.6,5.0,5.0,55.5,17.0,22.5,7.5,51.1
Revenue300
Efficiency95.59
Round: 5
Number of Bids88
Allocation7,5,2,7,7,2,3,7,7,3,3,7
Prices33.5,25.0,38.0,17.9,38.0,10.0,10.0,62.2,23.3,20.0,20.0,55.0
Revenue353
Efficiency88.89
Round: 6
Number of Bids92
Allocation8,5,5,8,8,4,3,8,8,3,3,8
Prices37.8,35.0,38.0,24.9,42.8,15.0,10.0,66.3,27.7,20.0,20.0,60.6
Revenue398
Efficiency98.48
Round: 7
Number of Bids96
Allocation7,5,5,7,7,2,3,7,7,3,3,7
Prices43.1,30.0,43.0,28.9,47.9,20.0,10.0,71.8,33.0,15.0,25.0,65.3
Revenue433
Efficiency90.26
Round: 8
Number of Bids99
Allocation8,5,5,8,8,4,3,8,8,3,3,8
Prices47.9,32.5,40.5,34.4,52.9,25.0,10.0,76.6,37.8,17.5,22.5,70.4
Revenue468
Efficiency98.48
Round: 9
Number of Bids101
Allocation8,5,5,8,8,2,3,8,8,3,3,8
Prices48.0,31.3,41.7,34.1,52.9,30.0,9.4,76.7,37.9,15.6,25.0,70.3
Revenue473
Efficiency100.00
Round: 10
Number of Bids101
Allocation8,5,5,8,8,2,3,8,8,3,3,8
Prices48.0,31.3,41.7,34.1,52.9,30.0,9.4,76.7,37.9,15.6,25.0,70.3
Revenue473
Efficiency100.00
Auction: 5
Number of Rounds9
Allocation7,1,1,7,7,3,4,7,7,4,4,7
Optimal Allocation8,1,1,8,8,2,2,8,8,6,4,8
Final Price62.5,25.0,25.0,45.7,43.1,35.0,40.0,46.4,54.4,26.3,13.8,58.0
Surplus536
Optimal Surplus583
Revenue475
Total Penalties0
Total Profits61
Efficiency (surplus/opt_surplus)91.94
Revenue Ratio (revenue/opt_surplus)81.48
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)81.48
Bidder Earnings28 , 0 , 9 , 12 , 0 , 0 , 12 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning28 , 0 , 9 , 12 , 0 , 0 , 12 , 0 ,
Round: 1
Number of Bids43
Allocation7,5,5,7,7,4,4,7,7,3,4,7
Prices10.0,20.0,20.0,12.5,10.0,5.0,5.0,5.0,20.0,5.0,5.0,12.5
Revenue130
Efficiency87.31
Round: 2
Number of Bids58
Allocation8,1,1,8,8,3,3,8,8,0,4,8
Prices21.9,25.0,25.0,25.0,21.9,10.0,10.0,19.4,26.9,-.0,5.0,25.0
Revenue215
Efficiency90.74
Round: 3
Number of Bids69
Allocation7,1,1,7,7,4,4,7,7,5,4,7
Prices37.0,25.0,25.0,26.6,23.8,15.0,15.0,24.0,32.0,15.0,10.0,26.6
Revenue275
Efficiency92.80
Round: 4
Number of Bids82
Allocation8,1,1,8,8,2,2,8,8,6,5,8
Prices42.0,25.0,25.0,31.5,29.0,20.0,20.0,29.0,37.0,20.0,10.0,31.5
Revenue320
Efficiency96.91
Round: 5
Number of Bids94
Allocation7,1,1,7,7,4,4,7,7,6,4,7
Prices52.0,25.0,25.0,31.3,28.7,25.0,25.0,34.0,42.0,20.0,15.0,42.0
Revenue365
Efficiency96.91
Round: 6
Number of Bids100
Allocation8,1,1,8,8,2,2,8,8,6,5,8
Prices57.8,25.0,25.0,42.2,39.7,30.0,30.0,42.3,50.3,25.0,10.0,47.6
Revenue425
Efficiency96.91
Round: 7
Number of Bids114
Allocation7,1,1,7,7,3,4,7,7,4,4,7
Prices64.1,25.0,25.0,46.0,43.3,35.0,35.0,47.3,55.3,27.5,17.5,54.0
Revenue475
Efficiency91.94
Round: 8
Number of Bids115
Allocation7,1,1,7,7,3,4,7,7,4,4,7
Prices62.5,25.0,25.0,45.7,43.1,35.0,40.0,46.4,54.4,26.3,13.8,58.0
Revenue475
Efficiency91.94
Round: 9
Number of Bids115
Allocation7,1,1,7,7,3,4,7,7,4,4,7
Prices62.5,25.0,25.0,45.7,43.1,35.0,40.0,46.4,54.4,26.3,13.8,58.0
Revenue475
Efficiency91.94
Auction: 6
Number of Rounds7
Allocation7,5,2,7,7,3,1,7,7,3,4,7
Optimal Allocation7,5,2,7,7,3,3,7,7,3,4,7
Final Price19.0,35.0,25.0,49.0,32.0,27.0,30.0,48.0,30.0,35.0,38.0,57.0
Surplus548
Optimal Surplus552
Revenue425
Total Penalties0
Total Profits123
Efficiency (surplus/opt_surplus)99.28
Revenue Ratio (revenue/opt_surplus)76.99
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)76.99
Bidder Earnings3 , 16 , 10 , 5 , 8 , 0 , 81 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning3 , 16 , 10 , 5 , 8 , 0 , 81 , 0 ,
Round: 1
Number of Bids35
Allocation7,5,0,7,7,4,1,7,7,4,4,7
Prices10.0,30.0,-.0,.0,5.0,22.5,10.0,22.5,10.0,5.0,27.5,22.5
Revenue165
Efficiency90.04
Round: 2
Number of Bids53
Allocation8,5,0,8,8,3,3,8,8,3,4,8
Prices15.0,30.0,-.0,15.0,26.2,13.0,15.0,28.0,28.7,25.0,32.0,27.0
Revenue255
Efficiency77.72
Round: 3
Number of Bids74
Allocation8,5,6,8,8,4,1,8,8,4,4,8
Prices29.1,30.0,10.0,24.1,32.4,21.6,20.0,41.9,36.0,30.0,33.4,41.4
Revenue350
Efficiency82.25
Round: 4
Number of Bids87
Allocation7,5,5,7,7,3,1,7,7,3,3,7
Prices29.7,30.0,10.0,39.0,42.0,27.0,20.0,42.5,40.0,40.0,33.0,41.8
Revenue395
Efficiency93.84
Round: 5
Number of Bids93
Allocation7,2,2,7,7,2,3,7,7,3,4,7
Prices24.9,30.0,19.8,39.2,32.7,32.2,25.0,47.8,33.5,35.0,38.0,57.0
Revenue415
Efficiency98.37
Round: 6
Number of Bids97
Allocation7,5,2,7,7,3,1,7,7,3,4,7
Prices19.0,35.0,25.0,49.0,32.0,27.0,30.0,48.0,30.0,35.0,38.0,57.0
Revenue425
Efficiency99.28
Round: 7
Number of Bids97
Allocation7,5,2,7,7,3,1,7,7,3,4,7
Prices19.0,35.0,25.0,49.0,32.0,27.0,30.0,48.0,30.0,35.0,38.0,57.0
Revenue425
Efficiency99.28
Auction: 7
Number of Rounds10
Allocation8,6,2,8,8,1,1,8,8,6,6,8
Optimal Allocation8,6,2,8,8,1,1,8,8,6,6,8
Final Price60.9,29.0,33.0,59.7,70.4,32.0,35.0,64.5,59.7,25.7,37.3,67.8
Surplus673
Optimal Surplus673
Revenue575
Total Penalties0
Total Profits98
Efficiency (surplus/opt_surplus)100.00
Revenue Ratio (revenue/opt_surplus)85.44
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)85.44
Bidder Earnings19 , 12 , 0 , 0 , 0 , 26 , 0 , 41 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning19 , 12 , 0 , 0 , 0 , 26 , 0 , 41 ,
Round: 1
Number of Bids42
Allocation7,6,0,7,7,4,1,7,7,6,6,7
Prices10.0,15.0,-.0,8.3,8.3,30.0,15.0,15.0,8.3,15.0,25.0,20.0
Revenue170
Efficiency84.25
Round: 2
Number of Bids65
Allocation8,5,5,8,8,1,1,8,8,3,5,8
Prices22.1,25.0,17.5,21.3,23.0,32.6,22.4,25.0,21.3,20.0,32.4,27.4
Revenue290
Efficiency94.80
Round: 3
Number of Bids75
Allocation8,6,2,8,8,4,1,8,8,6,6,8
Prices30.0,28.6,23.0,28.7,51.0,30.0,27.0,33.9,28.7,26.1,37.3,37.6
Revenue382
Efficiency99.55
Round: 4
Number of Bids79
Allocation7,6,5,7,7,1,1,7,7,6,6,7
Prices35.2,29.3,28.0,34.2,56.0,36.8,30.2,38.7,34.2,25.5,37.3,41.7
Revenue427
Efficiency89.90
Round: 5
Number of Bids82
Allocation8,6,2,8,8,1,1,8,8,6,6,8
Prices40.1,28.9,33.0,39.0,61.0,32.0,35.0,43.8,39.0,25.8,37.3,47.2
Revenue462
Efficiency100.00
Round: 6
Number of Bids83
Allocation7,6,2,7,7,1,1,7,7,6,6,7
Prices47.7,29.1,33.0,46.6,68.5,32.0,35.0,51.2,46.6,25.6,37.3,54.5
Revenue507
Efficiency91.38
Round: 7
Number of Bids84
Allocation8,6,2,8,8,1,1,8,8,6,6,8
Prices52.6,29.0,33.0,51.5,73.5,32.0,35.0,56.3,51.5,25.7,37.3,59.6
Revenue537
Efficiency100.00
Round: 8
Number of Bids85
Allocation7,6,2,7,1,1,1,7,7,6,6,7
Prices57.8,29.1,33.0,56.6,56.0,32.0,35.0,61.3,56.6,25.7,37.3,64.6
Revenue545
Efficiency87.82
Round: 9
Number of Bids86
Allocation8,6,2,8,8,1,1,8,8,6,6,8
Prices60.9,29.0,33.0,59.7,70.4,32.0,35.0,64.5,59.7,25.7,37.3,67.8
Revenue575
Efficiency100.00
Round: 10
Number of Bids86
Allocation8,6,2,8,8,1,1,8,8,6,6,8
Prices60.9,29.0,33.0,59.7,70.4,32.0,35.0,64.5,59.7,25.7,37.3,67.8
Revenue575
Efficiency100.00
Auction: 8
Number of Rounds8
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 Price47.5,19.2,39.0,27.0,47.3,27.8,39.0,36.7,38.3,35.0,38.0,41.2
Surplus589
Optimal Surplus589
Revenue436
Total Penalties0
Total Profits153
Efficiency (surplus/opt_surplus)100.00
Revenue Ratio (revenue/opt_surplus)74.02
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)74.02
Bidder Earnings0 , 37 , 3 , 5 , 10 , 0 , 98 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning0 , 37 , 3 , 5 , 10 , 0 , 98 , 0 ,
Round: 1
Number of Bids53
Allocation7,0,1,7,7,3,0,7,7,5,5,7
Prices25.0,-.0,10.0,5.0,10.0,5.0,-.0,10.0,10.0,35.0,10.0,5.0
Revenue125
Efficiency78.78
Round: 2
Number of Bids85
Allocation8,1,1,8,8,4,3,8,8,4,4,8
Prices31.6,6.6,13.4,10.0,15.0,11.6,5.0,13.4,15.0,35.5,23.0,10.0
Revenue190
Efficiency62.99
Round: 3
Number of Bids105
Allocation7,2,2,7,7,1,2,7,7,5,5,7
Prices44.0,5.0,18.0,14.9,27.0,10.0,17.0,19.1,20.0,43.4,24.6,14.9
Revenue258
Efficiency95.76
Round: 4
Number of Bids129
Allocation8,1,1,8,8,3,3,8,8,5,5,8
Prices44.0,5.0,28.0,11.0,32.0,15.0,22.0,31.0,25.0,35.0,33.0,27.0
Revenue308
Efficiency67.06
Round: 5
Number of Bids144
Allocation7,2,2,7,7,1,2,7,7,5,4,7
Prices44.0,12.5,30.5,16.0,42.0,20.0,27.0,31.0,30.0,35.0,38.0,37.0
Revenue363
Efficiency97.62
Round: 6
Number of Bids150
Allocation1,1,1,8,8,3,3,4,8,5,4,4
Prices39.7,13.4,33.9,26.7,41.1,23.2,33.8,31.0,35.2,35.0,41.0,34.0
Revenue388
Efficiency73.17
Round: 7
Number of Bids157
Allocation7,2,2,7,7,2,3,7,7,5,4,7
Prices47.5,19.2,39.0,27.0,47.3,27.8,39.0,36.7,38.3,35.0,38.0,41.2
Revenue436
Efficiency100.00
Round: 8
Number of Bids157
Allocation7,2,2,7,7,2,3,7,7,5,4,7
Prices47.5,19.2,39.0,27.0,47.3,27.8,39.0,36.7,38.3,35.0,38.0,41.2
Revenue436
Efficiency100.00
Auction: 9
Number of Rounds9
Allocation8,2,2,8,8,1,1,8,8,4,4,8
Optimal Allocation8,2,2,8,8,4,1,8,8,6,6,8
Final Price39.8,35.0,20.0,41.0,57.3,33.0,15.0,50.0,29.6,37.0,13.0,36.3
Surplus563
Optimal Surplus601
Revenue407
Total Penalties0
Total Profits156
Efficiency (surplus/opt_surplus)93.68
Revenue Ratio (revenue/opt_surplus)67.72
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)67.72
Bidder Earnings0 , 20 , 0 , 4 , 0 , 0 , 0 , 132 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning0 , 20 , 0 , 4 , 0 , 0 , 0 , 132 ,
Round: 1
Number of Bids33
Allocation8,5,5,8,8,1,3,8,8,4,4,8
Prices20.0,25.0,20.0,7.5,20.0,10.0,5.0,7.5,7.5,25.0,25.0,7.5
Revenue180
Efficiency87.19
Round: 2
Number of Bids54
Allocation7,2,2,7,7,3,1,7,7,4,4,7
Prices20.0,30.0,25.0,15.5,25.0,20.0,10.0,12.0,12.0,25.0,25.0,15.5
Revenue235
Efficiency75.37
Round: 3
Number of Bids69
Allocation1,6,6,6,3,3,3,0,5,4,4,4
Prices20.0,30.0,25.0,18.0,30.8,23.3,15.8,-.0,27.0,20.0,36.7,23.3
Revenue270
Efficiency63.89
Round: 4
Number of Bids77
Allocation7,2,2,7,7,3,1,7,7,4,4,7
Prices35.0,35.0,20.0,18.0,50.0,28.0,10.0,5.0,18.0,20.0,30.0,23.0
Revenue292
Efficiency75.37
Round: 5
Number of Bids90
Allocation8,2,2,8,8,1,1,8,8,4,4,8
Prices33.1,33.1,21.9,24.7,52.0,38.0,10.0,12.5,27.0,22.5,27.5,29.8
Revenue332
Efficiency93.68
Round: 6
Number of Bids97
Allocation7,2,2,7,7,1,1,7,7,4,4,7
Prices39.0,35.0,20.0,40.0,56.0,38.0,10.0,30.0,27.5,25.0,25.0,31.4
Revenue377
Efficiency72.05
Round: 7
Number of Bids100
Allocation8,2,2,8,8,1,1,8,8,4,4,8
Prices38.5,35.0,20.0,40.0,56.5,38.0,10.0,50.0,29.8,26.8,23.2,39.2
Revenue407
Efficiency93.68
Round: 8
Number of Bids102
Allocation8,2,2,8,8,1,1,8,8,4,4,8
Prices39.8,35.0,20.0,41.0,57.3,33.0,15.0,50.0,29.6,37.0,13.0,36.3
Revenue407
Efficiency93.68
Round: 9
Number of Bids102
Allocation8,2,2,8,8,1,1,8,8,4,4,8
Prices39.8,35.0,20.0,41.0,57.3,33.0,15.0,50.0,29.6,37.0,13.0,36.3
Revenue407
Efficiency93.68
Auction: 10
Number of Rounds8
Allocation7,6,6,7,7,3,1,7,7,6,5,7
Optimal Allocation7,1,2,7,7,3,1,7,7,6,5,7
Final Price73.2,32.6,23.4,32.6,44.8,32.0,18.0,32.6,35.0,34.0,30.0,32.6
Surplus529
Optimal Surplus542
Revenue421
Total Penalties0
Total Profits108
Efficiency (surplus/opt_surplus)97.60
Revenue Ratio (revenue/opt_surplus)77.68
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)77.68
Bidder Earnings5 , 0 , 2 , 0 , 5 , 1 , 95 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning5 , 0 , 2 , 0 , 5 , 1 , 95 , 0 ,
Round: 1
Number of Bids37
Allocation7,6,6,7,7,4,4,7,7,6,5,7
Prices11.7,25.0,15.0,11.7,11.7,20.0,20.0,11.7,11.7,15.0,30.0,11.7
Revenue195
Efficiency94.65
Round: 2
Number of Bids55
Allocation8,2,2,8,3,4,4,8,5,5,5,8
Prices27.0,30.0,20.0,13.3,17.0,25.0,15.0,13.3,17.0,25.0,30.0,13.3
Revenue246
Efficiency66.05
Round: 3
Number of Bids64
Allocation7,6,6,7,7,4,4,7,7,6,5,7
Prices42.0,35.0,26.2,15.4,25.4,26.6,13.4,15.4,17.3,28.7,30.0,15.4
Revenue291
Efficiency94.65
Round: 4
Number of Bids71
Allocation8,6,6,8,8,3,1,8,8,6,5,8
Prices62.0,32.7,23.3,16.6,30.0,32.0,18.0,16.6,19.3,34.0,30.0,16.6
Revenue331
Efficiency75.83
Round: 5
Number of Bids72
Allocation7,6,6,7,7,3,1,7,7,6,5,7
Prices62.0,32.5,23.5,23.0,34.7,32.0,18.0,23.0,25.3,34.0,30.0,23.0
Revenue361
Efficiency97.60
Round: 6
Number of Bids73
Allocation8,6,6,8,8,3,1,8,8,6,5,8
Prices69.5,32.6,23.4,27.3,39.9,32.0,18.0,27.3,29.8,34.0,30.0,27.3
Revenue391
Efficiency75.83
Round: 7
Number of Bids74
Allocation7,6,6,7,7,3,1,7,7,6,5,7
Prices73.2,32.6,23.4,32.6,44.8,32.0,18.0,32.6,35.0,34.0,30.0,32.6
Revenue421
Efficiency97.60
Round: 8
Number of Bids74
Allocation7,6,6,7,7,3,1,7,7,6,5,7
Prices73.2,32.6,23.4,32.6,44.8,32.0,18.0,32.6,35.0,34.0,30.0,32.6
Revenue421
Efficiency97.60