Experiment Definition

Experiment Name: 3W_SMRPB_LO_LC

Total Number Subjects: 8

Group Size: 8

Are Groups Synchronized?

Cash Exchange Rate: 0.4

Experiment Runtime Information

Experiment ID: 339

Experiment Starting Time: 2006-03-13 14:44:39.0

Total Number Of Participants: 8

Experiment Definition Id: 212

Experiment Experimenter Id: 134

Auction-- Statistics

AttributeGroup : 1 Statistics
Auction: 1
Number of Rounds9
Allocation7,2,2,7,7,1,4,7,3,3,3,6
Optimal Allocation7,2,5,7,7,1,4,8,3,3,4,8
Final Price42.5,30.0,35.0,31.0,29.6,40.0,22.0,24.9,25.5,29.5,41.0,9.0
Surplus416
Optimal Surplus450
Revenue360
Total Penalties0
Total Profits56
Efficiency (surplus/opt_surplus)92.44
Revenue Ratio (revenue/opt_surplus)80.00
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)80.00
Bidder Earnings3 , 10 , 11 , 8 , 0 , 3 , 21 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning3 , 10 , 11 , 8 , 0 , 3 , 21 , 0 ,
Round: 1
Number of Bids40
Allocation8,2,2,8,8,4,4,8,3,6,4,8
Prices10.0,25.0,30.0,10.0,10.0,12.5,12.5,10.0,10.0,5.0,30.0,10.0
Revenue175
Efficiency81.11
Round: 2
Number of Bids59
Allocation5,5,5,8,8,4,4,8,8,3,4,8
Prices12.6,31.2,36.2,15.6,22.6,16.8,15.6,15.6,15.6,10.0,22.6,15.6
Revenue230
Efficiency83.33
Round: 3
Number of Bids76
Allocation7,6,2,7,7,4,4,7,7,6,4,6
Prices23.5,35.0,30.0,36.6,28.5,23.8,23.2,25.0,18.6,18.4,8.0,18.6
Revenue289
Efficiency82.67
Round: 4
Number of Bids83
Allocation7,2,2,7,7,1,1,7,3,3,3,7
Prices29.8,30.0,35.0,29.4,28.8,29.0,28.0,23.6,23.0,22.2,14.8,20.4
Revenue314
Efficiency88.22
Round: 5
Number of Bids96
Allocation7,6,1,7,7,1,4,7,7,6,4,6
Prices39.0,25.0,40.0,24.0,24.7,34.0,23.0,20.3,24.0,27.0,30.0,20.0
Revenue331
Efficiency84.67
Round: 6
Number of Bids98
Allocation7,2,2,7,7,1,1,7,3,3,3,7
Prices40.6,25.6,39.4,25.4,33.4,34.6,22.4,28.6,23.0,42.4,30.6,4.0
Revenue350
Efficiency88.22
Round: 7
Number of Bids102
Allocation7,2,2,7,7,1,2,7,3,3,3,6
Prices43.0,31.0,35.0,30.0,29.8,40.0,17.0,25.2,25.0,32.0,39.0,9.0
Revenue356
Efficiency90.00
Round: 8
Number of Bids104
Allocation7,2,2,7,7,1,4,7,3,3,3,6
Prices42.5,30.0,35.0,31.0,29.6,40.0,22.0,24.9,25.5,29.5,41.0,9.0
Revenue360
Efficiency92.44
Round: 9
Number of Bids104
Allocation7,2,2,7,7,1,4,7,3,3,3,6
Prices42.5,30.0,35.0,31.0,29.6,40.0,22.0,24.9,25.5,29.5,41.0,9.0
Revenue360
Efficiency92.44
Auction: 2
Number of Rounds11
Allocation7,1,5,7,7,1,4,4,3,6,6,6
Optimal Allocation7,6,5,7,7,1,1,4,3,6,6,4
Final Price17.0,22.7,25.0,29.0,30.0,22.3,24.3,41.7,22.0,12.0,31.0,32.0
Surplus421
Optimal Surplus433
Revenue309
Total Penalties0
Total Profits112
Efficiency (surplus/opt_surplus)97.23
Revenue Ratio (revenue/opt_surplus)71.36
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)71.36
Bidder Earnings13 , 0 , 4 , 8 , 14 , 39 , 34 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning13 , 0 , 4 , 8 , 14 , 39 , 34 , 0 ,
Round: 1
Number of Bids54
Allocation5,2,5,2,1,1,1,4,3,5,4,4
Prices10.0,17.5,12.5,17.5,.0,15.0,10.0,22.5,10.0,7.5,10.0,7.5
Revenue140
Efficiency83.14
Round: 2
Number of Bids68
Allocation8,6,1,8,8,2,1,8,8,0,6,6
Prices10.0,20.0,20.0,16.0,5.0,5.0,15.0,42.0,12.0,-.0,18.0,12.0
Revenue175
Efficiency63.51
Round: 3
Number of Bids85
Allocation5,1,5,2,3,1,4,4,5,6,6,4
Prices31.0,22.0,12.0,5.0,10.0,13.0,17.0,55.0,14.0,12.0,16.0,12.0
Revenue219
Efficiency85.91
Round: 4
Number of Bids91
Allocation7,1,2,7,7,1,4,4,3,6,6,4
Prices34.6,21.3,5.0,19.7,21.6,13.7,26.3,44.6,10.0,8.5,19.5,13.1
Revenue238
Efficiency90.07
Round: 5
Number of Bids96
Allocation7,6,5,7,1,1,1,7,5,5,6,6
Prices29.5,10.6,5.0,24.1,22.4,24.5,30.1,29.4,17.4,15.6,16.1,23.3
Revenue248
Efficiency89.15
Round: 6
Number of Bids101
Allocation7,6,5,7,7,1,1,4,5,5,4,4
Prices30.0,22.0,10.0,19.0,27.0,24.0,26.0,35.0,17.0,11.0,26.0,23.0
Revenue270
Efficiency93.07
Round: 7
Number of Bids110
Allocation7,6,2,7,1,1,1,7,3,6,3,6
Prices32.5,27.0,10.0,24.0,20.0,27.5,29.5,26.5,12.0,16.0,31.0,28.0
Revenue284
Efficiency82.68
Round: 8
Number of Bids115
Allocation7,6,1,7,7,4,1,4,3,6,6,4
Prices25.0,27.0,11.5,24.0,27.0,26.5,23.5,42.5,22.0,16.0,31.0,28.0
Revenue304
Efficiency90.99
Round: 9
Number of Bids117
Allocation7,6,1,7,7,4,1,4,3,6,6,4
Prices20.0,27.0,15.0,29.0,27.0,30.0,20.0,39.0,22.0,16.0,31.0,28.0
Revenue304
Efficiency90.99
Round: 10
Number of Bids118
Allocation7,1,5,7,7,1,4,4,3,6,6,6
Prices17.0,22.7,25.0,29.0,30.0,22.3,24.3,41.7,22.0,12.0,31.0,32.0
Revenue309
Efficiency97.23
Round: 11
Number of Bids118
Allocation7,1,5,7,7,1,4,4,3,6,6,6
Prices17.0,22.7,25.0,29.0,30.0,22.3,24.3,41.7,22.0,12.0,31.0,32.0
Revenue309
Efficiency97.23
Auction: 3
Number of Rounds12
Allocation1,6,6,2,1,4,4,2,5,5,5,6
Optimal Allocation1,6,6,2,1,1,4,8,5,5,5,4
Final Price18.0,10.0,12.0,32.1,28.0,10.0,33.0,39.9,22.0,16.0,48.0,41.0
Surplus471
Optimal Surplus508
Revenue310
Total Penalties0
Total Profits161
Efficiency (surplus/opt_surplus)92.72
Revenue Ratio (revenue/opt_surplus)61.02
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)61.02
Bidder Earnings41 , 9 , 0 , 16 , 40 , 55 , 0 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning41 , 9 , 0 , 16 , 40 , 55 , 0 , 0 ,
Round: 1
Number of Bids45
Allocation1,6,1,2,8,0,2,8,8,0,3,8
Prices20.0,5.0,10.0,20.0,5.0,-.0,35.0,35.0,5.0,-.0,10.0,5.0
Revenue150
Efficiency64.76
Round: 2
Number of Bids66
Allocation7,1,6,2,7,1,2,2,7,0,6,6
Prices21.7,11.7,11.6,27.1,14.2,8.3,43.3,34.6,14.2,-.0,16.7,11.7
Revenue215
Efficiency68.90
Round: 3
Number of Bids73
Allocation1,6,6,2,1,0,2,2,3,3,3,6
Prices24.0,13.0,6.0,30.4,22.0,-.0,33.0,41.6,19.0,6.0,21.0,16.0
Revenue232
Efficiency80.51
Round: 4
Number of Bids75
Allocation1,6,6,2,1,0,2,2,5,5,5,6
Prices24.0,12.6,6.0,32.0,22.0,-.0,33.0,40.0,21.6,18.0,21.4,16.4
Revenue247
Efficiency87.99
Round: 5
Number of Bids79
Allocation1,6,6,2,1,0,4,2,7,4,6,4
Prices24.0,5.0,5.0,31.2,22.0,-.0,39.0,40.8,10.0,18.0,30.0,25.0
Revenue250
Efficiency79.53
Round: 6
Number of Bids81
Allocation1,6,6,2,1,3,4,2,3,4,3,4
Prices25.3,5.3,4.7,32.0,20.7,4.5,38.4,40.0,20.3,20.4,30.2,23.1
Revenue265
Efficiency83.07
Round: 7
Number of Bids85
Allocation1,6,6,2,1,0,2,2,5,5,5,6
Prices24.2,11.8,5.8,32.0,21.8,-.0,33.2,39.8,22.2,26.3,37.5,30.5
Revenue285
Efficiency87.99
Round: 8
Number of Bids88
Allocation1,6,6,2,1,0,4,2,5,5,5,4
Prices25.0,5.0,5.0,32.1,21.0,-.0,36.0,39.9,16.9,19.1,50.0,38.0
Revenue288
Efficiency89.57
Round: 9
Number of Bids92
Allocation1,6,6,2,1,0,2,2,5,5,5,6
Prices24.0,7.0,15.0,32.1,22.0,-.0,33.0,39.9,22.0,11.0,53.0,41.0
Revenue300
Efficiency87.99
Round: 10
Number of Bids95
Allocation1,6,6,2,1,4,4,2,5,5,5,6
Prices24.5,12.4,10.2,32.1,21.5,7.6,35.4,39.9,22.0,16.0,48.0,40.4
Revenue310
Efficiency92.72
Round: 11
Number of Bids96
Allocation1,6,6,2,1,4,4,2,5,5,5,6
Prices18.0,10.0,12.0,32.1,28.0,10.0,33.0,39.9,22.0,16.0,48.0,41.0
Revenue310
Efficiency92.72
Round: 12
Number of Bids96
Allocation1,6,6,2,1,4,4,2,5,5,5,6
Prices18.0,10.0,12.0,32.1,28.0,10.0,33.0,39.9,22.0,16.0,48.0,41.0
Revenue310
Efficiency92.72
Auction: 4
Number of Rounds12
Allocation1,5,2,7,8,2,3,8,8,3,3,4
Optimal Allocation1,5,2,7,7,2,3,8,8,3,3,4
Final Price15.0,33.0,48.9,16.0,34.0,34.1,17.0,37.0,40.0,26.5,32.5,40.0
Surplus445
Optimal Surplus463
Revenue374
Total Penalties0
Total Profits71
Efficiency (surplus/opt_surplus)96.11
Revenue Ratio (revenue/opt_surplus)80.78
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)80.78
Bidder Earnings15 , 3 , 32 , 4 , 9 , 0 , 6 , 2 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning15 , 3 , 32 , 4 , 9 , 0 , 6 , 2 ,
Round: 1
Number of Bids39
Allocation1,1,2,0,3,2,0,2,0,3,3,0
Prices20.0,10.0,20.0,-.0,40.0,17.5,-.0,17.5,-.0,7.5,7.5,-.0
Revenue140
Efficiency63.71
Round: 2
Number of Bids65
Allocation1,1,1,7,7,4,2,4,5,5,5,4
Prices30.0,15.0,20.0,11.0,39.0,17.0,5.0,28.0,14.0,8.0,8.0,15.0
Revenue210
Efficiency70.19
Round: 3
Number of Bids78
Allocation1,1,1,7,8,3,2,8,8,3,3,8
Prices20.0,19.5,25.5,16.0,44.0,21.5,5.0,39.3,23.6,13.0,13.5,24.1
Revenue265
Efficiency79.48
Round: 4
Number of Bids91
Allocation8,6,2,7,8,2,0,8,8,6,6,8
Prices20.0,24.0,36.0,16.0,37.4,21.0,-.0,44.0,14.6,13.0,24.0,35.0
Revenue285
Efficiency74.95
Round: 5
Number of Bids99
Allocation1,6,2,7,7,2,1,8,8,6,6,8
Prices15.0,24.0,31.0,21.0,29.0,26.0,15.0,44.0,35.0,18.0,19.0,30.0
Revenue307
Efficiency84.88
Round: 6
Number of Bids104
Allocation1,5,5,7,8,4,1,8,8,5,6,4
Prices13.0,32.0,26.0,16.0,34.0,31.0,17.0,45.0,32.0,30.0,5.0,35.0
Revenue316
Efficiency83.59
Round: 7
Number of Bids109
Allocation1,6,2,8,7,2,1,8,8,6,6,8
Prices14.0,16.0,36.0,18.0,34.0,31.0,16.0,39.0,38.0,21.0,24.0,35.0
Revenue322
Efficiency83.15
Round: 8
Number of Bids113
Allocation1,5,5,7,8,3,1,8,8,3,3,4
Prices5.1,26.9,40.1,16.0,34.0,26.9,24.9,42.0,35.0,30.0,21.1,40.0
Revenue342
Efficiency90.71
Round: 9
Number of Bids118
Allocation1,5,5,7,8,4,3,8,8,3,3,4
Prices15.0,23.0,44.0,16.0,34.0,28.7,15.0,37.0,40.0,26.0,35.0,37.3
Revenue351
Efficiency93.74
Round: 10
Number of Bids120
Allocation1,6,2,7,8,2,3,8,8,3,3,4
Prices15.0,28.0,48.6,16.0,34.0,34.4,19.0,37.0,40.0,27.0,30.0,40.0
Revenue369
Efficiency93.74
Round: 11
Number of Bids121
Allocation1,5,2,7,8,2,3,8,8,3,3,4
Prices15.0,33.0,48.9,16.0,34.0,34.1,17.0,37.0,40.0,26.5,32.5,40.0
Revenue374
Efficiency96.11
Round: 12
Number of Bids121
Allocation1,5,2,7,8,2,3,8,8,3,3,4
Prices15.0,33.0,48.9,16.0,34.0,34.1,17.0,37.0,40.0,26.5,32.5,40.0
Revenue374
Efficiency96.11
Auction: 5
Number of Rounds9
Allocation1,1,1,7,8,4,2,4,8,6,4,8
Optimal Allocation7,1,1,7,1,3,2,4,5,6,4,8
Final Price22.6,19.9,31.5,32.0,22.5,40.4,30.0,38.5,25.3,25.0,24.1,42.2
Surplus412
Optimal Surplus431
Revenue354
Total Penalties0
Total Profits58
Efficiency (surplus/opt_surplus)95.59
Revenue Ratio (revenue/opt_surplus)82.13
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)82.13
Bidder Earnings11 , 13 , 0 , 10 , 0 , 16 , 6 , 2 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning11 , 13 , 0 , 10 , 0 , 16 , 6 , 2 ,
Round: 1
Number of Bids47
Allocation1,1,1,8,8,3,2,2,8,6,0,8
Prices20.0,8.6,11.4,5.0,18.6,15.0,25.0,25.0,15.7,5.0,-.0,15.7
Revenue165
Efficiency81.67
Round: 2
Number of Bids83
Allocation7,5,5,7,7,4,4,7,5,6,6,4
Prices22.6,20.4,16.0,14.6,21.9,20.0,30.0,30.0,24.6,14.0,1.0,21.0
Revenue236
Efficiency78.19
Round: 3
Number of Bids100
Allocation1,1,1,8,8,2,2,2,8,6,6,8
Prices8.0,35.0,31.0,22.0,25.0,35.0,35.0,35.0,25.0,15.0,.0,30.0
Revenue296
Efficiency83.76
Round: 4
Number of Bids106
Allocation1,1,1,8,8,2,2,2,8,6,6,8
Prices16.0,33.0,25.0,33.0,5.0,35.0,35.0,35.0,21.0,5.0,10.0,43.0
Revenue296
Efficiency83.76
Round: 5
Number of Bids109
Allocation1,1,1,8,8,2,4,2,8,4,4,8
Prices26.0,27.0,21.0,27.5,15.0,35.0,45.0,35.0,23.0,20.0,15.0,36.5
Revenue326
Efficiency82.13
Round: 6
Number of Bids116
Allocation1,1,1,7,8,2,2,2,8,6,4,8
Prices26.0,22.0,26.0,32.0,16.0,35.0,37.5,32.5,28.0,25.0,20.0,46.0
Revenue346
Efficiency95.59
Round: 7
Number of Bids118
Allocation1,1,1,7,8,4,2,4,8,6,4,8
Prices24.7,23.3,26.0,32.0,18.1,40.6,30.0,39.3,28.1,25.0,23.1,43.8
Revenue354
Efficiency95.59
Round: 8
Number of Bids119
Allocation1,1,1,7,8,4,2,4,8,6,4,8
Prices22.6,19.9,31.5,32.0,22.5,40.4,30.0,38.5,25.3,25.0,24.1,42.2
Revenue354
Efficiency95.59
Round: 9
Number of Bids119
Allocation1,1,1,7,8,4,2,4,8,6,4,8
Prices22.6,19.9,31.5,32.0,22.5,40.4,30.0,38.5,25.3,25.0,24.1,42.2
Revenue354
Efficiency95.59
Auction: 6
Number of Rounds12
Allocation7,5,6,6,7,3,3,4,5,3,4,4
Optimal Allocation7,5,2,6,8,2,1,4,5,3,4,4
Final Price29.7,38.7,10.0,10.0,26.3,30.0,20.0,33.0,21.3,42.0,40.0,10.0
Surplus449
Optimal Surplus460
Revenue311
Total Penalties0
Total Profits138
Efficiency (surplus/opt_surplus)97.61
Revenue Ratio (revenue/opt_surplus)67.61
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)67.61
Bidder Earnings0 , 0 , 10 , 36 , 26 , 57 , 9 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning0 , 0 , 10 , 36 , 26 , 57 , 9 , 0 ,
Round: 1
Number of Bids43
Allocation1,1,1,7,8,3,3,4,0,3,4,4
Prices17.5,7.5,.0,10.0,5.0,17.5,16.2,16.2,-.0,16.2,16.2,22.5
Revenue145
Efficiency65.00
Round: 2
Number of Bids61
Allocation7,1,1,7,7,3,0,7,8,3,3,7
Prices22.0,13.0,5.0,10.0,21.0,12.0,-.0,26.0,5.0,26.0,12.0,17.0
Revenue169
Efficiency56.96
Round: 3
Number of Bids69
Allocation5,5,6,6,1,1,1,4,5,6,4,4
Prices22.0,23.0,10.0,10.0,19.0,17.8,11.2,28.0,10.0,21.0,22.0,20.0
Revenue214
Efficiency88.48
Round: 4
Number of Bids76
Allocation7,6,6,6,7,3,3,4,8,3,4,4
Prices29.0,23.0,10.0,10.0,27.0,13.0,21.0,33.0,5.0,31.0,22.0,15.0
Revenue239
Efficiency83.91
Round: 5
Number of Bids79
Allocation7,5,6,6,7,1,1,4,5,6,4,4
Prices29.3,29.2,10.0,10.0,26.7,19.2,24.8,33.0,8.8,21.0,22.0,15.0
Revenue249
Efficiency95.00
Round: 6
Number of Bids80
Allocation7,5,6,6,7,1,1,4,5,6,4,4
Prices29.1,33.0,7.5,10.0,26.9,23.0,21.0,33.0,5.0,23.5,27.0,10.0
Revenue249
Efficiency95.00
Round: 7
Number of Bids81
Allocation7,1,6,0,7,3,1,4,3,3,4,4
Prices29.2,33.0,10.0,-.0,26.8,31.4,21.0,34.2,17.1,32.5,25.7,10.0
Revenue271
Efficiency81.52
Round: 8
Number of Bids85
Allocation7,5,6,6,7,1,1,4,5,6,4,4
Prices29.2,39.2,13.3,10.3,26.8,26.9,17.1,32.7,20.8,33.3,27.3,10.0
Revenue287
Efficiency95.00
Round: 9
Number of Bids86
Allocation7,5,6,6,7,3,3,7,5,3,6,8
Prices27.9,38.6,10.0,10.1,24.0,32.6,22.5,32.1,21.4,36.9,30.9,5.0
Revenue292
Efficiency85.43
Round: 10
Number of Bids87
Allocation7,5,6,0,7,3,3,4,5,3,4,4
Prices29.5,38.9,10.0,-.0,26.5,27.4,17.6,38.1,21.1,47.0,34.9,10.0
Revenue301
Efficiency89.35
Round: 11
Number of Bids89
Allocation7,5,6,6,7,3,3,4,5,3,4,4
Prices29.7,38.7,10.0,10.0,26.3,30.0,20.0,33.0,21.3,42.0,40.0,10.0
Revenue311
Efficiency97.61
Round: 12
Number of Bids89
Allocation7,5,6,6,7,3,3,4,5,3,4,4
Prices29.7,38.7,10.0,10.0,26.3,30.0,20.0,33.0,21.3,42.0,40.0,10.0
Revenue311
Efficiency97.61
Auction: 7
Number of Rounds10
Allocation7,6,2,2,8,1,1,8,8,6,6,8
Optimal Allocation7,6,2,2,8,4,1,8,8,6,5,8
Final Price37.0,27.8,35.9,34.1,33.9,38.0,8.0,42.3,20.7,30.3,30.0,23.0
Surplus452
Optimal Surplus458
Revenue361
Total Penalties0
Total Profits91
Efficiency (surplus/opt_surplus)98.69
Revenue Ratio (revenue/opt_surplus)78.82
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)78.82
Bidder Earnings31 , 19 , 0 , 0 , 0 , 22 , 5 , 14 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning31 , 19 , 0 , 0 , 0 , 22 , 5 , 14 ,
Round: 1
Number of Bids48
Allocation1,6,2,2,8,2,1,8,8,6,6,8
Prices17.5,5.0,13.7,13.7,22.9,22.6,17.5,14.0,14.0,9.5,.5,14.0
Revenue165
Efficiency91.05
Round: 2
Number of Bids74
Allocation1,5,5,8,8,4,1,8,8,0,4,4
Prices17.5,14.4,34.6,20.0,42.2,18.6,17.5,37.8,10.0,-.0,23.4,10.0
Revenue246
Efficiency71.62
Round: 3
Number of Bids92
Allocation1,6,2,2,8,2,1,8,8,6,6,8
Prices22.0,20.0,30.0,25.0,39.4,33.0,13.0,43.0,18.8,9.0,24.0,18.8
Revenue296
Efficiency91.05
Round: 4
Number of Bids98
Allocation7,5,5,7,8,1,1,8,8,3,5,8
Prices27.1,19.1,29.9,29.9,32.0,33.1,12.9,48.0,13.1,14.0,25.0,26.9
Revenue311
Efficiency88.65
Round: 5
Number of Bids105
Allocation7,1,2,2,8,4,1,8,8,6,6,8
Prices27.0,24.0,36.3,33.7,34.4,38.0,8.0,48.0,14.6,19.0,30.0,23.0
Revenue336
Efficiency98.91
Round: 6
Number of Bids108
Allocation1,6,2,2,8,4,1,8,8,6,6,8
Prices27.0,24.0,35.6,34.4,32.0,38.0,8.0,47.5,10.0,26.5,22.5,30.5
Revenue336
Efficiency93.67
Round: 7
Number of Bids110
Allocation7,1,2,2,8,4,1,8,8,6,6,8
Prices37.0,24.0,36.0,34.0,32.0,38.0,8.0,38.0,19.5,26.5,22.5,30.5
Revenue346
Efficiency98.91
Round: 8
Number of Bids112
Allocation7,6,2,2,8,1,1,8,8,6,6,8
Prices37.0,28.5,35.8,34.2,33.9,41.0,5.0,44.6,20.0,31.0,28.5,21.5
Revenue361
Efficiency98.69
Round: 9
Number of Bids113
Allocation7,6,2,2,8,1,1,8,8,6,6,8
Prices37.0,27.8,35.9,34.1,33.9,38.0,8.0,42.3,20.7,30.3,30.0,23.0
Revenue361
Efficiency98.69
Round: 10
Number of Bids113
Allocation7,6,2,2,8,1,1,8,8,6,6,8
Prices37.0,27.8,35.9,34.1,33.9,38.0,8.0,42.3,20.7,30.3,30.0,23.0
Revenue361
Efficiency98.69
Auction: 8
Number of Rounds10
Allocation1,2,6,6,1,3,3,4,3,6,4,4
Optimal Allocation5,2,6,7,8,2,3,4,3,5,4,4
Final Price32.0,5.0,25.0,20.0,25.0,18.9,40.6,29.4,6.4,39.0,30.6,23.0
Surplus401
Optimal Surplus449
Revenue295
Total Penalties0
Total Profits106
Efficiency (surplus/opt_surplus)89.31
Revenue Ratio (revenue/opt_surplus)65.70
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)65.70
Bidder Earnings9 , 38 , 30 , 21 , 0 , 8 , 0 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning9 , 38 , 30 , 21 , 0 , 8 , 0 , 0 ,
Round: 1
Number of Bids45
Allocation8,0,2,8,8,2,2,0,8,0,0,8
Prices15.0,-.0,20.0,13.7,13.8,15.0,20.0,-.0,13.7,-.0,-.0,13.7
Revenue125
Efficiency43.21
Round: 2
Number of Bids68
Allocation7,0,2,7,7,2,2,7,7,4,4,4
Prices25.0,-.0,20.0,19.0,29.0,5.0,30.0,10.6,17.4,10.0,5.0,14.0
Revenue185
Efficiency71.05
Round: 3
Number of Bids81
Allocation5,2,2,8,8,1,2,8,8,5,5,8
Prices42.4,5.0,35.0,10.2,29.0,10.0,25.0,5.0,14.4,18.8,13.8,21.4
Revenue230
Efficiency75.72
Round: 4
Number of Bids90
Allocation5,2,2,6,8,1,2,8,8,5,5,8
Prices32.0,5.0,35.0,15.0,29.0,10.0,25.0,15.0,11.0,19.0,24.0,16.0
Revenue236
Efficiency79.06
Round: 5
Number of Bids97
Allocation5,2,6,6,1,1,1,4,0,5,4,6
Prices30.8,5.0,18.0,30.8,12.0,10.0,42.0,23.0,-.0,30.2,26.0,19.2
Revenue247
Efficiency81.07
Round: 6
Number of Bids103
Allocation5,2,2,6,7,1,2,4,3,5,4,4
Prices30.0,6.0,38.0,15.0,17.0,10.0,36.0,34.0,5.0,31.0,34.0,15.0
Revenue271
Efficiency92.87
Round: 7
Number of Bids106
Allocation1,2,6,6,1,3,3,4,3,6,4,4
Prices37.0,5.0,34.0,26.0,20.0,20.0,41.0,31.0,5.0,24.0,32.5,19.6
Revenue295
Efficiency89.31
Round: 8
Number of Bids109
Allocation1,2,6,6,1,3,3,4,3,6,4,4
Prices40.0,5.0,34.7,20.3,17.0,17.9,40.3,32.5,7.9,29.0,33.2,17.3
Revenue295
Efficiency89.31
Round: 9
Number of Bids111
Allocation1,2,6,6,1,3,3,4,3,6,4,4
Prices32.0,5.0,25.0,20.0,25.0,18.9,40.6,29.4,6.4,39.0,30.6,23.0
Revenue295
Efficiency89.31
Round: 10
Number of Bids111
Allocation1,2,6,6,1,3,3,4,3,6,4,4
Prices32.0,5.0,25.0,20.0,25.0,18.9,40.6,29.4,6.4,39.0,30.6,23.0
Revenue295
Efficiency89.31
Auction: 9
Number of Rounds10
Allocation7,2,2,2,3,3,1,8,3,6,6,6
Optimal Allocation7,2,2,2,3,4,1,8,8,6,4,6
Final Price25.0,34.8,19.2,34.0,27.0,39.0,14.0,31.0,34.0,29.0,20.0,41.0
Surplus424
Optimal Surplus427
Revenue348
Total Penalties0
Total Profits76
Efficiency (surplus/opt_surplus)99.30
Revenue Ratio (revenue/opt_surplus)81.50
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)81.50
Bidder Earnings14 , 15 , 12 , 0 , 0 , 21 , 7 , 7 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning14 , 15 , 12 , 0 , 0 , 21 , 7 , 7 ,
Round: 1
Number of Bids47
Allocation1,2,2,2,8,0,1,8,8,0,0,8
Prices20.0,12.9,9.6,32.5,34.6,-.0,5.0,27.9,5.4,-.0,-.0,2.1
Revenue150
Efficiency67.68
Round: 2
Number of Bids68
Allocation8,5,5,8,1,1,1,8,8,5,0,8
Prices25.0,24.9,21.9,26.6,33.6,9.4,11.9,31.2,26.9,21.2,-.0,18.3
Revenue251
Efficiency69.79
Round: 3
Number of Bids75
Allocation7,5,5,8,1,1,1,8,8,5,0,8
Prices25.0,26.0,25.0,39.0,35.0,20.0,.0,21.0,30.0,17.0,-.0,33.0
Revenue271
Efficiency74.47
Round: 4
Number of Bids85
Allocation8,5,6,6,1,1,1,8,8,5,6,8
Prices25.0,28.7,40.0,24.0,6.7,48.3,.0,7.7,30.7,14.3,.0,65.7
Revenue291
Efficiency78.69
Round: 5
Number of Bids93
Allocation7,2,5,6,1,1,1,8,5,6,0,6
Prices25.0,34.0,23.6,30.6,20.0,34.6,.4,28.0,21.4,25.0,-.0,48.4
Revenue291
Efficiency85.71
Round: 6
Number of Bids97
Allocation7,2,5,6,3,2,3,8,5,6,3,6
Prices25.0,32.0,25.0,24.6,22.1,24.0,8.9,28.0,20.0,25.0,19.0,54.4
Revenue308
Efficiency87.35
Round: 7
Number of Bids102
Allocation7,2,5,6,1,4,1,4,5,6,4,6
Prices25.0,34.0,15.7,38.3,19.3,36.3,21.7,25.7,29.3,25.0,9.0,40.7
Revenue320
Efficiency96.25
Round: 8
Number of Bids106
Allocation7,2,2,2,3,3,1,8,3,6,6,6
Prices25.0,34.4,21.8,31.8,28.1,37.9,14.0,31.0,34.0,26.8,15.1,48.2
Revenue348
Efficiency99.30
Round: 9
Number of Bids107
Allocation7,2,2,2,3,3,1,8,3,6,6,6
Prices25.0,34.8,19.2,34.0,27.0,39.0,14.0,31.0,34.0,29.0,20.0,41.0
Revenue348
Efficiency99.30
Round: 10
Number of Bids107
Allocation7,2,2,2,3,3,1,8,3,6,6,6
Prices25.0,34.8,19.2,34.0,27.0,39.0,14.0,31.0,34.0,29.0,20.0,41.0
Revenue348
Efficiency99.30
Auction: 10
Number of Rounds11
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 Price35.5,30.5,25.0,15.0,25.0,25.0,21.0,39.0,21.0,45.0,22.0,25.0
Surplus383
Optimal Surplus385
Revenue329
Total Penalties0
Total Profits54
Efficiency (surplus/opt_surplus)99.48
Revenue Ratio (revenue/opt_surplus)85.45
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)85.45
Bidder Earnings12 , 3 , 9 , 0 , 14 , -6 , 20 , 2 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning12 , 3 , 9 , 0 , 14 , -6 , 20 , 2 ,
Round: 1
Number of Bids35
Allocation1,1,1,0,8,4,4,8,8,4,0,8
Prices15.0,20.0,5.0,-.0,15.0,20.0,10.0,30.0,12.5,20.0,-.0,12.5
Revenue160
Efficiency61.04
Round: 2
Number of Bids53
Allocation5,1,0,7,7,3,1,7,7,3,5,7
Prices25.0,20.0,-.0,5.0,20.0,17.5,10.0,50.0,23.0,17.5,30.0,2.0
Revenue220
Efficiency80.52
Round: 3
Number of Bids61
Allocation5,6,6,7,7,4,4,7,7,4,5,7
Prices30.0,25.0,5.0,5.0,15.0,19.8,10.0,47.2,18.0,20.2,25.0,14.8
Revenue235
Efficiency77.40
Round: 4
Number of Bids67
Allocation1,5,2,7,7,3,1,7,7,3,5,7
Prices33.8,25.0,15.0,5.0,12.0,24.9,16.2,45.0,18.0,25.1,25.0,20.0
Revenue265
Efficiency88.31
Round: 5
Number of Bids70
Allocation5,2,2,7,7,3,4,7,7,3,5,7
Prices30.0,25.0,15.0,7.0,5.0,12.0,21.0,45.0,18.0,38.0,25.0,25.0
Revenue266
Efficiency83.90
Round: 6
Number of Bids73
Allocation5,6,6,7,7,3,4,7,7,6,5,7
Prices38.0,33.0,15.0,5.0,7.0,5.0,21.0,37.0,26.0,45.0,17.0,25.0
Revenue274
Efficiency84.94
Round: 7
Number of Bids80
Allocation1,6,6,7,7,1,4,7,5,6,5,8
Prices39.5,35.5,20.0,10.0,15.5,12.5,21.0,38.5,22.0,37.5,21.0,25.0
Revenue298
Efficiency90.13
Round: 8
Number of Bids83
Allocation1,6,6,7,7,1,4,7,5,6,5,8
Prices37.0,33.0,25.0,11.0,18.0,15.0,21.0,35.0,24.0,35.0,19.0,25.0
Revenue298
Efficiency90.13
Round: 9
Number of Bids85
Allocation1,2,2,7,1,3,4,2,5,6,5,8
Prices31.0,25.0,25.0,5.0,24.0,25.0,21.0,35.0,18.0,45.0,25.0,25.0
Revenue304
Efficiency89.09
Round: 10
Number of Bids88
Allocation1,1,2,7,7,3,4,7,5,6,5,8
Prices35.5,30.5,25.0,15.0,25.0,25.0,21.0,39.0,21.0,45.0,22.0,25.0
Revenue329
Efficiency99.48
Round: 11
Number of Bids88
Allocation1,1,2,7,7,3,4,7,5,6,5,8
Prices35.5,30.5,25.0,15.0,25.0,25.0,21.0,39.0,21.0,45.0,22.0,25.0
Revenue329
Efficiency99.48