Experiment Definition

Experiment Name: 3W_SMRPB_LO_HC

Total Number Subjects: 8

Group Size: 8

Are Groups Synchronized?

Cash Exchange Rate: 0.4

Experiment Runtime Information

Experiment ID: 26

Experiment Starting Time: 2006-03-14 14:49:08.0

Total Number Of Participants: 8

Experiment Definition Id: 20

Experiment Experimenter Id: 4

Auction-- Statistics

AttributeGroup : 1 Statistics
Auction: 1
Number of Rounds11
Allocation7,2,2,7,7,1,1,7,3,3,3,6
Optimal Allocation7,2,2,7,7,1,4,7,3,3,3,8
Final Price72.1,35.7,46.3,29.4,58.6,40.4,25.6,46.9,58.0,30.0,35.0,10.0
Surplus525
Optimal Surplus548
Revenue488
Total Penalties0
Total Profits37
Efficiency (surplus/opt_surplus)95.80
Revenue Ratio (revenue/opt_surplus)89.05
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)89.05
Bidder Earnings0 , 2 , 8 , 0 , 0 , 2 , 25 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning0 , 2 , 8 , 0 , 0 , 2 , 25 , 0 ,
Round: 1
Number of Bids46
Allocation7,2,2,2,1,1,1,7,5,5,5,0
Prices5.0,20.0,20.0,5.0,5.0,5.0,5.0,5.0,18.3,18.3,18.3,-.0
Revenue125
Efficiency65.15
Round: 2
Number of Bids67
Allocation7,2,2,7,7,4,4,7,5,5,4,6
Prices19.7,19.3,20.7,10.0,10.0,24.7,5.0,.3,33.3,28.7,13.3,10.0
Revenue195
Efficiency91.61
Round: 3
Number of Bids81
Allocation1,2,1,6,8,1,3,8,8,3,3,8
Prices29.0,15.0,33.3,10.0,16.0,27.7,9.1,9.0,39.0,33.0,19.9,10.0
Revenue251
Efficiency80.29
Round: 4
Number of Bids96
Allocation5,5,5,7,7,4,4,7,3,3,3,6
Prices42.6,24.8,34.6,15.0,21.0,30.0,17.0,14.0,40.4,24.6,25.0,10.0
Revenue299
Efficiency91.42
Round: 5
Number of Bids113
Allocation7,2,2,7,7,4,4,7,5,5,4,6
Prices48.0,28.1,40.9,20.0,26.0,36.0,20.2,19.0,50.0,12.0,30.9,10.0
Revenue341
Efficiency91.61
Round: 6
Number of Bids132
Allocation5,5,5,6,8,1,1,8,8,6,6,8
Prices60.0,30.4,41.6,18.0,34.5,40.2,25.8,27.5,48.0,25.2,34.8,15.0
Revenue401
Efficiency87.59
Round: 7
Number of Bids142
Allocation7,2,2,7,7,1,1,7,3,3,3,6
Prices65.0,35.0,47.0,23.0,39.0,40.6,25.4,33.0,58.0,30.0,35.0,10.0
Revenue441
Efficiency95.80
Round: 8
Number of Bids148
Allocation7,2,2,7,7,1,1,7,3,3,3,6
Prices65.0,35.2,46.8,13.0,49.0,40.4,25.6,33.0,58.0,30.0,35.0,10.0
Revenue441
Efficiency95.80
Round: 9
Number of Bids149
Allocation5,5,5,7,7,1,1,7,3,3,3,6
Prices62.5,30.0,39.5,29.3,51.5,40.5,25.5,44.2,58.0,30.0,35.0,10.0
Revenue456
Efficiency90.33
Round: 10
Number of Bids151
Allocation7,2,2,7,7,1,1,7,3,3,3,6
Prices72.1,35.7,46.3,29.4,58.6,40.4,25.6,46.9,58.0,30.0,35.0,10.0
Revenue488
Efficiency95.80
Round: 11
Number of Bids151
Allocation7,2,2,7,7,1,1,7,3,3,3,6
Prices72.1,35.7,46.3,29.4,58.6,40.4,25.6,46.9,58.0,30.0,35.0,10.0
Revenue488
Efficiency95.80
Auction: 2
Number of Rounds9
Allocation7,1,5,7,7,1,1,7,7,6,6,6
Optimal Allocation7,2,5,7,7,1,1,7,3,6,6,6
Final Price51.4,27.0,37.0,26.0,34.2,37.1,31.9,49.4,29.0,37.0,31.2,37.8
Surplus500
Optimal Surplus523
Revenue429
Total Penalties0
Total Profits71
Efficiency (surplus/opt_surplus)95.60
Revenue Ratio (revenue/opt_surplus)82.03
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)82.03
Bidder Earnings6 , 0 , 0 , 0 , 2 , 34 , 29 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning6 , 0 , 0 , 0 , 2 , 34 , 29 , 0 ,
Round: 1
Number of Bids38
Allocation1,1,1,7,7,2,2,2,5,5,5,0
Prices5.0,5.0,5.0,5.0,5.0,15.0,15.0,15.0,20.0,25.0,10.0,-.0
Revenue125
Efficiency52.20
Round: 2
Number of Bids58
Allocation7,1,0,7,7,1,1,7,7,6,6,6
Prices11.8,24.9,-.0,15.1,11.8,25.1,20.0,18.2,18.1,26.9,19.1,14.1
Revenue205
Efficiency88.15
Round: 3
Number of Bids79
Allocation5,5,5,7,7,3,4,4,3,0,3,4
Prices28.9,35.0,23.1,18.5,18.5,20.6,24.9,25.8,21.4,-.0,35.0,16.2
Revenue268
Efficiency69.60
Round: 4
Number of Bids96
Allocation7,1,0,7,7,1,1,7,7,6,6,6
Prices41.5,45.5,-.0,15.5,24.0,30.0,20.5,38.5,18.5,26.5,28.5,21.0
Revenue310
Efficiency88.15
Round: 5
Number of Bids115
Allocation7,5,5,7,7,4,4,4,3,6,6,6
Prices46.0,41.0,15.0,21.0,29.0,31.0,28.4,44.7,24.0,21.0,30.7,24.3
Revenue356
Efficiency95.03
Round: 6
Number of Bids123
Allocation7,5,5,7,7,1,1,7,7,6,6,6
Prices51.5,34.0,22.0,26.0,34.2,37.5,31.5,49.3,29.0,29.0,18.0,29.0
Revenue391
Efficiency93.88
Round: 7
Number of Bids127
Allocation7,1,5,7,7,1,1,7,7,4,4,4
Prices51.3,27.0,37.0,26.0,34.2,36.7,32.3,49.5,29.0,30.0,29.3,31.7
Revenue414
Efficiency87.57
Round: 8
Number of Bids128
Allocation7,1,5,7,7,1,1,7,7,6,6,6
Prices51.4,27.0,37.0,26.0,34.2,37.1,31.9,49.4,29.0,37.0,31.2,37.8
Revenue429
Efficiency95.60
Round: 9
Number of Bids128
Allocation7,1,5,7,7,1,1,7,7,6,6,6
Prices51.4,27.0,37.0,26.0,34.2,37.1,31.9,49.4,29.0,37.0,31.2,37.8
Revenue429
Efficiency95.60
Auction: 3
Number of Rounds11
Allocation1,6,6,2,1,1,4,4,5,5,6,4
Optimal Allocation1,6,6,2,1,1,4,8,5,5,5,4
Final Price13.6,21.5,13.5,20.0,44.7,31.7,40.5,43.0,47.7,32.3,63.0,29.5
Surplus528
Optimal Surplus557
Revenue401
Total Penalties0
Total Profits127
Efficiency (surplus/opt_surplus)94.79
Revenue Ratio (revenue/opt_surplus)71.99
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)71.99
Bidder Earnings53 , 25 , 0 , 9 , 8 , 32 , 0 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning53 , 25 , 0 , 9 , 8 , 32 , 0 , 0 ,
Round: 1
Number of Bids46
Allocation5,5,5,0,1,1,2,2,3,3,3,0
Prices10.0,20.0,15.0,-.0,5.0,5.0,20.0,20.0,5.0,5.0,5.0,-.0
Revenue110
Efficiency59.96
Round: 2
Number of Bids66
Allocation7,6,5,2,7,4,4,4,7,0,6,6
Prices15.4,22.5,10.0,20.0,12.9,16.8,18.2,25.0,6.8,-.0,15.0,12.5
Revenue175
Efficiency65.89
Round: 3
Number of Bids78
Allocation7,5,5,7,7,1,3,7,7,3,3,7
Prices23.7,22.9,12.1,20.0,19.9,5.0,25.9,33.5,14.9,5.0,17.1,10.0
Revenue210
Efficiency56.73
Round: 4
Number of Bids90
Allocation1,6,6,2,8,4,4,8,8,5,6,8
Prices5.0,27.5,15.8,20.0,29.0,30.0,5.0,49.0,16.3,20.0,33.7,3.7
Revenue255
Efficiency88.15
Round: 5
Number of Bids105
Allocation7,6,6,2,7,4,4,4,5,5,6,0
Prices10.0,24.6,13.4,20.0,34.0,31.0,13.6,39.4,21.0,25.0,39.0,-.0
Revenue271
Efficiency77.02
Round: 6
Number of Bids113
Allocation7,6,6,2,8,4,4,8,8,5,6,8
Prices10.0,22.2,10.8,20.0,38.0,16.0,19.0,45.0,26.0,20.0,44.0,5.0
Revenue276
Efficiency84.20
Round: 7
Number of Bids121
Allocation1,2,2,2,1,1,4,4,5,5,5,4
Prices19.1,15.9,10.0,9.1,41.7,29.2,24.0,49.8,34.3,33.3,52.3,10.2
Revenue329
Efficiency88.33
Round: 8
Number of Bids127
Allocation1,6,6,2,1,1,3,8,8,5,6,8
Prices13.0,23.4,14.7,20.0,47.0,30.0,29.0,49.9,40.1,20.0,59.9,19.0
Revenue366
Efficiency93.72
Round: 9
Number of Bids133
Allocation1,6,6,2,1,1,4,4,5,5,6,4
Prices14.1,22.9,15.6,20.0,42.4,33.4,35.8,53.4,45.3,34.7,59.4,23.8
Revenue401
Efficiency94.79
Round: 10
Number of Bids135
Allocation1,6,6,2,1,1,4,4,5,5,6,4
Prices13.6,21.5,13.5,20.0,44.7,31.7,40.5,43.0,47.7,32.3,63.0,29.5
Revenue401
Efficiency94.79
Round: 11
Number of Bids135
Allocation1,6,6,2,1,1,4,4,5,5,6,4
Prices13.6,21.5,13.5,20.0,44.7,31.7,40.5,43.0,47.7,32.3,63.0,29.5
Revenue401
Efficiency94.79
Auction: 4
Number of Rounds12
Allocation5,5,5,7,8,2,4,8,8,3,3,8
Optimal Allocation5,5,5,7,8,2,3,8,8,3,3,8
Final Price30.7,41.3,40.0,15.0,66.0,41.0,5.0,50.0,42.0,32.7,29.3,45.0
Surplus515
Optimal Surplus532
Revenue438
Total Penalties0
Total Profits77
Efficiency (surplus/opt_surplus)96.80
Revenue Ratio (revenue/opt_surplus)82.33
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)82.33
Bidder Earnings0 , 1 , 30 , 4 , 14 , 0 , 7 , 21 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning0 , 1 , 30 , 4 , 14 , 0 , 7 , 21 ,
Round: 1
Number of Bids55
Allocation8,2,2,8,8,4,4,8,8,5,5,8
Prices5.0,15.0,20.0,5.0,5.0,10.0,.0,30.0,12.5,12.5,22.5,2.5
Revenue140
Efficiency76.13
Round: 2
Number of Bids79
Allocation1,1,1,7,7,2,4,7,5,6,6,6
Prices10.0,21.2,23.7,7.5,12.5,15.0,5.0,35.0,28.0,23.0,24.5,9.5
Revenue215
Efficiency76.13
Round: 3
Number of Bids98
Allocation7,2,2,2,7,4,0,4,5,6,6,6
Prices5.0,23.3,27.1,17.6,28.0,16.9,-.0,43.1,28.0,23.0,22.7,11.3
Revenue246
Efficiency69.92
Round: 4
Number of Bids121
Allocation5,5,5,7,7,2,4,7,3,3,3,7
Prices24.1,38.9,32.0,16.1,40.0,15.0,5.0,50.0,26.0,28.0,35.0,13.9
Revenue324
Efficiency84.96
Round: 5
Number of Bids132
Allocation5,5,5,7,7,2,4,7,3,3,3,6
Prices34.0,31.3,29.7,16.0,50.0,15.0,5.0,55.0,26.0,23.0,40.0,19.0
Revenue344
Efficiency87.22
Round: 6
Number of Bids135
Allocation5,5,5,7,7,4,4,7,3,3,3,6
Prices32.0,33.6,29.4,5.0,61.0,20.0,10.0,55.0,28.0,23.0,38.0,19.0
Revenue354
Efficiency86.28
Round: 7
Number of Bids138
Allocation5,5,2,0,8,3,4,8,8,3,3,8
Prices29.0,34.0,34.0,-.0,66.0,20.4,5.0,55.0,31.4,23.0,34.6,30.6
Revenue363
Efficiency88.53
Round: 8
Number of Bids147
Allocation5,5,5,7,8,3,4,8,8,3,3,8
Prices29.8,42.1,40.0,15.0,61.0,26.0,5.0,45.0,37.0,23.8,28.2,40.0
Revenue393
Efficiency95.86
Round: 9
Number of Bids149
Allocation7,5,5,7,7,4,4,7,5,6,6,6
Prices29.0,39.0,38.0,15.0,61.0,31.0,10.0,45.0,37.0,29.0,23.0,40.0
Revenue397
Efficiency82.14
Round: 10
Number of Bids155
Allocation5,5,5,7,8,3,4,8,8,3,3,8
Prices30.4,41.6,40.0,15.0,66.0,36.0,5.0,50.0,42.0,31.4,30.6,45.0
Revenue433
Efficiency95.86
Round: 11
Number of Bids156
Allocation5,5,5,7,8,2,4,8,8,3,3,8
Prices30.7,41.3,40.0,15.0,66.0,41.0,5.0,50.0,42.0,32.7,29.3,45.0
Revenue438
Efficiency96.80
Round: 12
Number of Bids156
Allocation5,5,5,7,8,2,4,8,8,3,3,8
Prices30.7,41.3,40.0,15.0,66.0,41.0,5.0,50.0,42.0,32.7,29.3,45.0
Revenue438
Efficiency96.80
Auction: 5
Number of Rounds10
Allocation7,1,1,7,8,2,2,8,8,6,4,8
Optimal Allocation7,1,1,7,8,2,2,2,8,6,4,8
Final Price29.0,42.7,21.3,32.0,30.0,37.4,44.6,48.0,28.6,29.0,15.0,54.4
Surplus503
Optimal Surplus506
Revenue412
Total Penalties0
Total Profits91
Efficiency (surplus/opt_surplus)99.41
Revenue Ratio (revenue/opt_surplus)81.42
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)81.42
Bidder Earnings14 , 14 , 0 , 17 , 0 , 12 , 15 , 19 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning14 , 14 , 0 , 17 , 0 , 12 , 15 , 19 ,
Round: 1
Number of Bids39
Allocation7,1,1,7,7,2,2,2,5,5,5,6
Prices5.0,5.0,5.0,5.0,5.0,30.0,12.5,12.5,25.0,20.0,10.0,20.0
Revenue155
Efficiency84.58
Round: 2
Number of Bids55
Allocation7,6,1,7,7,3,3,7,7,5,5,7
Prices10.0,15.0,5.0,14.1,10.0,35.0,17.0,17.9,30.0,17.5,12.5,20.0
Revenue204
Efficiency68.58
Round: 3
Number of Bids70
Allocation7,6,1,7,3,3,3,7,7,6,6,7
Prices17.6,22.4,5.0,16.4,15.0,42.6,19.4,28.0,31.3,22.5,15.0,23.8
Revenue259
Efficiency70.55
Round: 4
Number of Bids76
Allocation7,6,1,7,7,3,3,7,7,6,6,7
Prices26.5,28.5,5.0,15.0,14.9,36.5,15.5,53.0,32.6,19.1,12.4,20.0
Revenue279
Efficiency72.73
Round: 5
Number of Bids89
Allocation7,5,5,7,7,2,2,2,5,4,4,4
Prices28.7,32.2,11.7,22.3,20.0,40.9,21.1,58.0,37.1,24.1,16.0,25.9
Revenue338
Efficiency86.76
Round: 6
Number of Bids99
Allocation7,5,5,7,8,3,3,8,8,6,0,8
Prices34.0,38.0,16.0,27.0,25.0,46.2,25.8,48.0,45.0,29.0,-.0,43.0
Revenue377
Efficiency85.77
Round: 7
Number of Bids107
Allocation7,5,5,7,8,2,2,8,8,6,6,8
Prices29.0,37.6,16.4,32.0,30.2,50.8,31.2,53.0,35.0,29.0,10.0,42.8
Revenue397
Efficiency91.11
Round: 8
Number of Bids110
Allocation7,1,1,7,8,2,2,8,8,6,5,8
Prices29.0,42.8,21.2,32.0,30.0,40.0,42.0,49.0,35.0,29.0,10.0,47.0
Revenue407
Efficiency95.85
Round: 9
Number of Bids113
Allocation7,1,1,7,8,2,2,8,8,6,4,8
Prices29.0,42.7,21.3,32.0,30.0,37.4,44.6,48.0,28.6,29.0,15.0,54.4
Revenue412
Efficiency99.41
Round: 10
Number of Bids113
Allocation7,1,1,7,8,2,2,8,8,6,4,8
Prices29.0,42.7,21.3,32.0,30.0,37.4,44.6,48.0,28.6,29.0,15.0,54.4
Revenue412
Efficiency99.41
Auction: 6
Number of Rounds10
Allocation7,5,2,2,7,1,1,7,5,4,4,4
Optimal Allocation7,2,2,2,7,3,3,7,5,4,4,4
Final Price41.0,51.5,31.5,44.5,33.0,26.0,28.0,38.0,34.5,52.7,42.0,27.3
Surplus479
Optimal Surplus495
Revenue450
Total Penalties0
Total Profits29
Efficiency (surplus/opt_surplus)96.77
Revenue Ratio (revenue/opt_surplus)90.91
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)90.91
Bidder Earnings3 , 7 , 0 , 8 , 0 , 0 , 11 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning3 , 7 , 0 , 8 , 0 , 0 , 11 , 0 ,
Round: 1
Number of Bids47
Allocation7,2,2,2,3,3,3,7,5,5,6,7
Prices5.0,15.0,20.0,20.0,13.3,13.3,13.3,5.0,25.0,20.0,20.0,5.0
Revenue175
Efficiency85.05
Round: 2
Number of Bids67
Allocation7,1,6,6,7,1,1,7,5,6,4,4
Prices10.0,19.6,26.7,26.7,18.0,18.7,18.7,10.0,30.0,26.7,21.2,13.8
Revenue240
Efficiency93.74
Round: 3
Number of Bids90
Allocation7,2,2,2,3,3,3,7,5,4,4,4
Prices15.0,25.0,31.0,32.0,23.0,23.5,23.5,15.0,30.0,37.0,21.0,19.0
Revenue295
Efficiency97.78
Round: 4
Number of Bids108
Allocation7,1,6,7,7,0,1,7,7,6,6,7
Prices26.0,24.0,33.0,31.0,28.0,-.0,34.0,28.0,30.0,51.0,20.0,21.0
Revenue326
Efficiency72.53
Round: 5
Number of Bids126
Allocation5,5,6,6,8,3,3,8,5,6,3,8
Prices31.0,32.7,34.3,36.0,33.0,16.3,27.7,33.0,31.3,44.7,25.0,26.0
Revenue371
Efficiency87.27
Round: 6
Number of Bids134
Allocation7,2,2,2,7,4,4,4,5,6,6,6
Prices36.0,35.9,41.1,41.0,38.0,21.0,33.0,38.0,30.0,47.2,21.9,22.9
Revenue406
Efficiency93.33
Round: 7
Number of Bids140
Allocation7,2,2,2,7,1,1,7,5,4,4,4
Prices41.0,46.0,31.0,41.0,33.0,21.7,32.3,38.0,30.0,46.3,37.0,23.7
Revenue421
Efficiency97.58
Round: 8
Number of Bids141
Allocation7,5,6,6,8,3,3,8,5,6,3,8
Prices41.0,52.0,25.0,41.0,33.0,21.3,32.7,38.0,34.0,49.0,37.0,21.0
Revenue425
Efficiency90.51
Round: 9
Number of Bids147
Allocation7,5,2,2,7,1,1,7,5,4,4,4
Prices41.0,51.5,31.5,44.5,33.0,26.0,28.0,38.0,34.5,52.7,42.0,27.3
Revenue450
Efficiency96.77
Round: 10
Number of Bids147
Allocation7,5,2,2,7,1,1,7,5,4,4,4
Prices41.0,51.5,31.5,44.5,33.0,26.0,28.0,38.0,34.5,52.7,42.0,27.3
Revenue450
Efficiency96.77
Auction: 7
Number of Rounds14
Allocation7,1,2,7,8,1,1,8,8,6,5,8
Optimal Allocation7,6,2,2,8,1,1,8,8,6,6,8
Final Price33.0,45.4,35.0,48.0,58.0,35.0,17.6,75.0,15.0,25.0,30.0,34.0
Surplus533
Optimal Surplus555
Revenue451
Total Penalties0
Total Profits82
Efficiency (surplus/opt_surplus)96.04
Revenue Ratio (revenue/opt_surplus)81.26
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)81.26
Bidder Earnings22 , 10 , 0 , 0 , 1 , 15 , 7 , 27 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning22 , 10 , 0 , 0 , 1 , 15 , 7 , 27 ,
Round: 1
Number of Bids45
Allocation7,2,2,2,3,3,3,7,5,6,5,0
Prices5.0,25.0,15.0,15.0,10.0,10.0,10.0,5.0,15.0,25.0,20.0,-.0
Revenue155
Efficiency75.50
Round: 2
Number of Bids61
Allocation7,2,2,2,7,4,4,4,5,6,6,6
Prices10.3,25.0,9.7,20.3,14.7,12.8,12.8,14.5,15.0,25.0,30.0,10.0
Revenue200
Efficiency78.20
Round: 3
Number of Bids76
Allocation7,1,5,7,3,3,3,7,7,6,6,6
Prices25.0,5.0,30.0,21.8,25.0,15.0,15.0,14.0,19.2,25.0,30.0,10.0
Revenue235
Efficiency80.00
Round: 4
Number of Bids91
Allocation7,5,5,7,8,1,1,8,8,6,5,8
Prices25.0,25.0,30.0,32.0,45.0,5.0,5.0,38.0,15.0,25.0,35.0,5.0
Revenue285
Efficiency93.69
Round: 5
Number of Bids107
Allocation7,6,5,7,7,4,4,7,7,6,6,7
Prices30.0,34.5,30.0,42.5,50.0,11.3,8.7,43.0,18.4,30.3,35.2,6.2
Revenue340
Efficiency79.64
Round: 6
Number of Bids121
Allocation7,6,2,7,1,1,1,7,7,6,6,0
Prices9.0,35.0,35.0,52.0,55.0,29.5,.5,74.0,19.0,26.5,38.5,-.0
Revenue374
Efficiency83.60
Round: 7
Number of Bids127
Allocation7,6,2,7,8,3,1,8,8,6,6,8
Prices13.0,29.0,35.0,58.0,58.0,16.0,5.0,70.0,18.0,41.0,30.0,22.0
Revenue395
Efficiency96.22
Round: 8
Number of Bids132
Allocation7,6,2,7,8,4,4,8,8,6,6,8
Prices18.0,34.0,35.0,53.0,60.0,26.0,5.0,79.0,15.0,34.0,32.0,14.0
Revenue405
Efficiency93.15
Round: 9
Number of Bids134
Allocation7,6,2,7,1,1,1,7,5,6,6,0
Prices18.0,34.0,35.0,53.0,62.4,33.6,10.0,85.0,15.0,31.6,34.4,-.0
Revenue412
Efficiency85.05
Round: 10
Number of Bids139
Allocation7,6,2,7,8,4,4,8,8,6,6,8
Prices23.0,30.0,35.0,58.0,75.0,21.0,10.0,76.0,17.0,37.0,33.0,14.0
Revenue429
Efficiency93.15
Round: 11
Number of Bids141
Allocation7,6,2,7,8,4,4,8,8,6,6,8
Prices28.0,37.0,35.0,53.0,75.0,24.0,7.0,75.0,18.0,33.0,30.0,14.0
Revenue429
Efficiency93.15
Round: 12
Number of Bids142
Allocation7,1,2,7,8,1,1,8,8,6,5,8
Prices28.0,45.0,35.0,53.0,75.0,33.5,19.5,75.5,17.5,25.0,30.0,14.0
Revenue451
Efficiency96.04
Round: 13
Number of Bids145
Allocation7,1,2,7,8,1,1,8,8,6,5,8
Prices33.0,45.4,35.0,48.0,58.0,35.0,17.6,75.0,15.0,25.0,30.0,34.0
Revenue451
Efficiency96.04
Round: 14
Number of Bids145
Allocation7,1,2,7,8,1,1,8,8,6,5,8
Prices33.0,45.4,35.0,48.0,58.0,35.0,17.6,75.0,15.0,25.0,30.0,34.0
Revenue451
Efficiency96.04
Auction: 8
Number of Rounds9
Allocation7,2,6,7,7,3,3,7,3,4,4,4
Optimal Allocation7,2,2,7,7,2,3,7,3,5,4,4
Final Price50.8,15.0,30.0,50.0,36.4,17.7,41.9,25.8,26.4,36.2,37.5,33.3
Surplus468
Optimal Surplus486
Revenue401
Total Penalties0
Total Profits67
Efficiency (surplus/opt_surplus)96.30
Revenue Ratio (revenue/opt_surplus)82.51
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)82.51
Bidder Earnings0 , 28 , 17 , 8 , 0 , 13 , 1 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning0 , 28 , 17 , 8 , 0 , 13 , 1 , 0 ,
Round: 1
Number of Bids48
Allocation5,0,6,7,7,2,2,2,3,3,3,0
Prices20.0,-.0,30.0,5.0,5.0,7.5,22.5,20.0,10.0,22.5,22.5,-.0
Revenue165
Efficiency78.60
Round: 2
Number of Bids66
Allocation7,5,6,7,7,2,2,2,7,4,4,4
Prices32.0,10.0,30.0,11.0,8.0,2.0,22.0,26.0,9.0,24.0,24.0,27.0
Revenue225
Efficiency85.39
Round: 3
Number of Bids86
Allocation7,5,6,7,7,1,1,7,3,3,3,7
Prices45.0,10.0,30.0,19.0,10.0,.0,10.0,32.3,25.0,27.0,20.0,22.8
Revenue251
Efficiency82.72
Round: 4
Number of Bids98
Allocation7,5,6,7,7,4,3,7,3,3,4,4
Prices47.0,10.0,30.0,25.3,23.0,17.7,8.7,30.7,36.7,24.7,30.7,19.7
Revenue304
Efficiency84.77
Round: 5
Number of Bids107
Allocation5,6,6,6,8,2,2,2,8,5,5,8
Prices53.6,15.0,33.4,25.6,28.0,17.8,18.3,36.0,37.8,33.4,30.0,28.2
Revenue357
Efficiency88.48
Round: 6
Number of Bids114
Allocation5,6,6,6,8,2,2,2,8,5,4,8
Prices54.1,15.0,30.0,29.0,35.3,5.0,41.0,26.0,25.0,32.9,35.0,33.7
Revenue362
Efficiency90.74
Round: 7
Number of Bids117
Allocation7,2,6,7,7,3,3,7,3,4,4,4
Prices55.1,15.0,30.0,35.0,40.7,18.5,36.8,32.2,30.7,36.6,36.0,34.4
Revenue401
Efficiency96.30
Round: 8
Number of Bids118
Allocation7,2,6,7,7,3,3,7,3,4,4,4
Prices50.8,15.0,30.0,50.0,36.4,17.7,41.9,25.8,26.4,36.2,37.5,33.3
Revenue401
Efficiency96.30
Round: 9
Number of Bids118
Allocation7,2,6,7,7,3,3,7,3,4,4,4
Prices50.8,15.0,30.0,50.0,36.4,17.7,41.9,25.8,26.4,36.2,37.5,33.3
Revenue401
Efficiency96.30
Auction: 9
Number of Rounds14
Allocation7,6,6,6,8,4,1,8,8,4,4,8
Optimal Allocation7,2,2,2,3,3,1,8,8,6,6,8
Final Price29.0,40.0,35.0,41.0,37.0,32.2,25.0,41.8,33.0,33.4,20.4,65.2
Surplus474
Optimal Surplus507
Revenue433
Total Penalties0
Total Profits41
Efficiency (surplus/opt_surplus)93.49
Revenue Ratio (revenue/opt_surplus)85.40
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)85.40
Bidder Earnings3 , 0 , 0 , 8 , 0 , 4 , 3 , 23 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning3 , 0 , 0 , 8 , 0 , 4 , 3 , 23 ,
Round: 1
Number of Bids37
Allocation7,5,5,7,3,3,1,7,3,6,6,6
Prices8.7,31.3,23.7,1.2,25.0,25.0,5.0,5.0,5.0,.0,.0,15.0
Revenue145
Efficiency84.42
Round: 2
Number of Bids54
Allocation7,2,2,2,3,3,3,7,5,4,4,4
Prices15.4,29.9,26.2,14.9,21.7,21.7,11.7,13.6,10.0,5.0,5.0,20.0
Revenue195
Efficiency82.84
Round: 3
Number of Bids69
Allocation7,5,5,7,3,3,1,7,3,6,6,6
Prices24.0,30.3,24.7,16.0,27.0,21.3,5.0,19.0,6.7,18.3,18.3,33.3
Revenue244
Efficiency84.42
Round: 4
Number of Bids79
Allocation7,2,2,2,1,1,1,7,5,6,6,6
Prices29.0,29.8,25.2,31.0,32.0,24.6,11.4,24.0,10.0,20.0,20.0,30.0
Revenue287
Efficiency88.36
Round: 5
Number of Bids85
Allocation7,2,2,2,3,3,3,7,5,6,6,6
Prices29.0,30.1,24.9,31.0,41.4,35.6,6.0,24.0,10.0,23.6,24.4,22.0
Revenue302
Efficiency91.52
Round: 6
Number of Bids89
Allocation7,2,2,2,3,3,3,7,5,5,5,7
Prices27.0,25.0,20.0,41.0,43.6,19.0,20.3,35.6,37.4,17.6,18.0,1.3
Revenue306
Efficiency76.13
Round: 7
Number of Bids95
Allocation7,2,2,2,3,3,1,7,3,6,6,6
Prices16.6,28.9,23.8,33.4,44.0,19.2,25.0,36.4,23.8,22.2,27.0,32.8
Revenue333
Efficiency92.90
Round: 8
Number of Bids100
Allocation1,2,2,2,1,4,1,4,5,6,6,6
Prices9.0,31.0,24.0,31.0,64.1,12.1,17.9,53.9,10.0,48.0,15.0,19.0
Revenue335
Efficiency93.49
Round: 9
Number of Bids108
Allocation7,2,2,2,3,3,1,7,3,6,6,6
Prices19.0,30.0,25.0,31.0,32.0,32.0,25.0,34.0,37.0,23.0,5.0,54.0
Revenue347
Efficiency92.90
Round: 10
Number of Bids110
Allocation7,2,2,2,3,3,1,7,3,6,6,6
Prices13.0,27.0,22.0,37.0,32.0,26.0,25.0,40.0,43.0,20.0,10.0,52.0
Revenue347
Efficiency92.90
Round: 11
Number of Bids111
Allocation7,2,2,2,8,4,1,8,8,4,4,8
Prices29.0,30.0,25.0,31.0,37.0,38.3,25.0,40.3,43.3,30.8,16.8,56.3
Revenue403
Efficiency94.67
Round: 12
Number of Bids112
Allocation7,2,2,2,8,4,1,8,8,4,4,8
Prices29.0,30.0,25.0,31.0,37.0,31.6,25.0,42.4,33.0,33.2,21.2,64.6
Revenue403
Efficiency94.67
Round: 13
Number of Bids113
Allocation7,6,6,6,8,4,1,8,8,4,4,8
Prices29.0,40.0,35.0,41.0,37.0,32.2,25.0,41.8,33.0,33.4,20.4,65.2
Revenue433
Efficiency93.49
Round: 14
Number of Bids113
Allocation7,6,6,6,8,4,1,8,8,4,4,8
Prices29.0,40.0,35.0,41.0,37.0,32.2,25.0,41.8,33.0,33.4,20.4,65.2
Revenue433
Efficiency93.49
Auction: 10
Number of Rounds9
Allocation1,1,1,7,7,3,4,7,5,6,5,7
Optimal Allocation1,1,1,7,7,3,4,7,5,6,5,8
Final Price48.2,33.4,24.4,30.5,44.9,32.0,5.0,53.4,25.0,35.0,30.0,19.2
Surplus429
Optimal Surplus443
Revenue381
Total Penalties0
Total Profits48
Efficiency (surplus/opt_surplus)96.84
Revenue Ratio (revenue/opt_surplus)86.00
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)86.00
Bidder Earnings15 , 0 , 2 , 16 , 9 , 4 , 2 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning15 , 0 , 2 , 16 , 9 , 4 , 2 , 0 ,
Round: 1
Number of Bids39
Allocation1,1,1,7,7,2,2,2,5,6,5,0
Prices10.0,10.0,10.0,.0,10.0,10.0,10.0,25.0,25.0,35.0,30.0,-.0
Revenue175
Efficiency85.10
Round: 2
Number of Bids58
Allocation8,6,6,8,8,4,4,8,8,6,5,8
Prices15.0,16.4,16.4,5.6,18.8,19.1,10.9,30.0,25.0,37.1,30.0,5.6
Revenue230
Efficiency67.04
Round: 3
Number of Bids79
Allocation7,6,6,7,7,4,4,7,5,6,5,7
Prices30.0,31.0,12.0,10.7,34.0,17.0,13.0,35.3,25.0,27.0,30.0,.0
Revenue265
Efficiency88.26
Round: 4
Number of Bids96
Allocation1,1,1,7,7,4,4,8,8,6,5,8
Prices35.0,31.3,21.7,16.0,39.0,19.2,10.8,40.0,29.8,35.0,30.0,5.2
Revenue313
Efficiency87.36
Round: 5
Number of Bids107
Allocation7,2,2,2,7,3,1,7,5,3,5,7
Prices38.0,33.6,19.4,31.0,42.0,29.0,5.0,51.0,25.0,35.0,30.0,8.1
Revenue347
Efficiency87.13
Round: 6
Number of Bids111
Allocation1,1,1,7,7,3,4,7,5,3,5,4
Prices42.0,37.9,26.1,25.0,42.0,27.0,10.0,48.0,25.0,37.0,30.0,13.0
Revenue363
Efficiency93.68
Round: 7
Number of Bids115
Allocation1,1,1,7,7,3,0,7,5,6,5,7
Prices52.0,30.0,24.0,30.0,42.0,32.0,-.0,53.0,25.0,35.0,30.0,23.0
Revenue376
Efficiency92.10
Round: 8
Number of Bids116
Allocation1,1,1,7,7,3,4,7,5,6,5,7
Prices48.2,33.4,24.4,30.5,44.9,32.0,5.0,53.4,25.0,35.0,30.0,19.2
Revenue381
Efficiency96.84
Round: 9
Number of Bids116
Allocation1,1,1,7,7,3,4,7,5,6,5,7
Prices48.2,33.4,24.4,30.5,44.9,32.0,5.0,53.4,25.0,35.0,30.0,19.2
Revenue381
Efficiency96.84