Experiment Definition

Experiment Name: 3W_SMRPB_HO_LC

Total Number Subjects: 8

Group Size: 8

Are Groups Synchronized?

Cash Exchange Rate: 0.4

Experiment Runtime Information

Experiment ID: 346

Experiment Starting Time: 2006-03-16 18:37:11.0

Total Number Of Participants: 8

Experiment Definition Id: 218

Experiment Experimenter Id: 134

Auction-- Statistics

AttributeGroup : 1 Statistics
Auction: 1
Number of Rounds10
Allocation7,5,1,7,7,4,4,7,3,3,3,7
Optimal Allocation7,2,5,7,7,1,4,8,3,3,4,8
Final Price40.0,30.0,38.0,23.7,38.9,39.0,18.0,26.1,32.8,35.8,36.4,16.2
Surplus409
Optimal Surplus450
Revenue375
Total Penalties0
Total Profits34
Efficiency (surplus/opt_surplus)90.89
Revenue Ratio (revenue/opt_surplus)83.33
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)83.33
Bidder Earnings2 , 0 , 2 , 7 , 3 , 0 , 20 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning2 , 0 , 2 , 7 , 3 , 0 , 20 , 0 ,
Round: 1
Number of Bids35
Allocation8,2,0,8,8,3,3,8,5,6,6,6
Prices12.5,15.0,-.0,12.5,25.0,15.0,15.0,10.0,5.0,7.5,7.5,.0
Revenue125
Efficiency58.44
Round: 2
Number of Bids56
Allocation8,2,2,8,8,4,4,2,3,3,4,8
Prices20.4,15.0,10.0,18.0,26.6,20.0,14.0,15.0,15.4,16.6,18.0,5.0
Revenue194
Efficiency77.78
Round: 3
Number of Bids71
Allocation7,1,1,7,7,1,2,7,3,3,3,7
Prices24.0,21.0,15.0,23.0,33.2,24.0,5.0,19.8,20.0,22.0,23.0,10.0
Revenue240
Efficiency86.67
Round: 4
Number of Bids81
Allocation5,5,5,6,8,4,4,8,8,6,4,8
Prices24.0,36.0,15.0,18.0,37.5,25.8,13.2,25.0,25.3,27.0,28.0,15.1
Revenue290
Efficiency88.00
Round: 5
Number of Bids94
Allocation7,1,1,7,7,1,2,7,3,3,3,7
Prices30.0,29.0,38.0,26.5,41.4,25.0,5.0,28.5,33.1,34.9,37.0,18.6
Revenue347
Efficiency86.67
Round: 6
Number of Bids98
Allocation7,2,2,7,7,1,2,7,3,3,3,7
Prices35.0,34.0,28.0,23.4,40.6,30.0,17.0,27.9,33.3,35.1,36.6,18.0
Revenue359
Efficiency90.89
Round: 7
Number of Bids102
Allocation7,2,2,7,7,4,4,7,3,3,3,7
Prices40.0,28.0,33.0,23.1,39.1,36.7,20.3,26.3,33.2,35.0,36.8,16.4
Revenue368
Efficiency91.33
Round: 8
Number of Bids105
Allocation7,2,2,7,7,4,4,7,3,3,3,7
Prices40.0,20.0,41.0,24.4,38.7,39.0,18.0,25.9,32.5,36.6,35.9,16.0
Revenue368
Efficiency91.33
Round: 9
Number of Bids106
Allocation7,5,1,7,7,4,4,7,3,3,3,7
Prices40.0,30.0,38.0,23.7,38.9,39.0,18.0,26.1,32.8,35.8,36.4,16.2
Revenue375
Efficiency90.89
Round: 10
Number of Bids106
Allocation7,5,1,7,7,4,4,7,3,3,3,7
Prices40.0,30.0,38.0,23.7,38.9,39.0,18.0,26.1,32.8,35.8,36.4,16.2
Revenue375
Efficiency90.89
Auction: 2
Number of Rounds12
Allocation7,2,5,7,7,1,1,4,7,6,6,6
Optimal Allocation7,6,5,7,7,1,1,4,7,6,6,4
Final Price41.2,15.0,15.0,37.2,19.9,35.6,31.4,36.0,30.6,18.3,37.0,32.7
Surplus437
Optimal Surplus438
Revenue350
Total Penalties0
Total Profits87
Efficiency (surplus/opt_surplus)99.77
Revenue Ratio (revenue/opt_surplus)79.91
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)79.91
Bidder Earnings6 , 13 , 0 , 6 , 24 , 26 , 12 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning6 , 13 , 0 , 6 , 24 , 26 , 12 , 0 ,
Round: 1
Number of Bids31
Allocation5,2,5,8,8,3,3,8,8,5,0,8
Prices16.7,15.0,16.7,20.0,.0,15.0,15.0,20.0,25.0,16.7,-.0,.0
Revenue160
Efficiency58.45
Round: 2
Number of Bids48
Allocation5,2,5,2,1,1,1,2,3,5,3,0
Prices22.3,23.1,13.9,23.5,11.2,23.5,10.3,23.5,31.5,13.9,18.5,-.0
Revenue215
Efficiency70.09
Round: 3
Number of Bids56
Allocation7,6,0,7,7,3,3,2,7,5,6,6
Prices39.0,25.0,-.0,25.0,13.4,25.0,5.0,20.0,31.6,5.0,18.4,13.6
Revenue221
Efficiency77.40
Round: 4
Number of Bids64
Allocation5,2,5,8,8,1,1,2,3,5,3,8
Prices36.8,20.8,8.2,25.2,16.0,24.0,16.0,24.2,31.0,5.0,19.0,8.8
Revenue235
Efficiency75.11
Round: 5
Number of Bids72
Allocation7,6,0,7,7,1,1,2,7,5,6,6
Prices45.0,25.5,-.0,31.7,21.3,20.5,19.5,20.0,31.0,5.0,24.0,14.5
Revenue258
Efficiency86.99
Round: 6
Number of Bids78
Allocation7,2,5,7,7,1,1,2,7,6,3,6
Prices41.8,18.7,5.0,35.7,19.6,18.7,21.3,26.3,31.9,8.7,24.0,21.3
Revenue273
Efficiency92.69
Round: 7
Number of Bids82
Allocation7,1,1,7,7,2,1,8,7,6,6,6
Prices41.0,17.0,5.0,38.0,20.0,15.0,23.0,31.0,30.0,14.0,25.0,30.0
Revenue289
Efficiency86.30
Round: 8
Number of Bids86
Allocation7,2,5,7,7,4,4,4,7,6,6,6
Prices41.4,15.0,10.0,36.8,19.8,22.3,27.6,34.1,31.0,14.0,26.9,28.1
Revenue307
Efficiency97.72
Round: 9
Number of Bids91
Allocation7,6,1,7,7,1,4,4,7,5,6,4
Prices41.2,21.1,10.0,37.4,19.9,32.0,24.6,31.0,30.5,14.0,30.9,28.4
Revenue321
Efficiency90.41
Round: 10
Number of Bids96
Allocation7,2,5,7,7,1,1,8,7,6,6,6
Prices41.3,15.0,15.0,37.1,19.9,34.0,33.0,31.0,30.8,18.4,37.0,32.6
Revenue345
Efficiency97.95
Round: 11
Number of Bids97
Allocation7,2,5,7,7,1,1,4,7,6,6,6
Prices41.2,15.0,15.0,37.2,19.9,35.6,31.4,36.0,30.6,18.3,37.0,32.7
Revenue350
Efficiency99.77
Round: 12
Number of Bids97
Allocation7,2,5,7,7,1,1,4,7,6,6,6
Prices41.2,15.0,15.0,37.2,19.9,35.6,31.4,36.0,30.6,18.3,37.0,32.7
Revenue350
Efficiency99.77
Auction: 3
Number of Rounds10
Allocation1,6,6,2,1,1,2,2,7,5,6,4
Optimal Allocation1,6,6,2,1,1,4,8,5,5,5,4
Final Price19.0,13.0,5.0,25.0,27.0,23.0,38.0,27.0,28.0,21.0,42.0,33.0
Surplus478
Optimal Surplus508
Revenue301
Total Penalties0
Total Profits177
Efficiency (surplus/opt_surplus)94.09
Revenue Ratio (revenue/opt_surplus)59.25
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)59.25
Bidder Earnings63 , 26 , 0 , 8 , 16 , 61 , 3 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning63 , 26 , 0 , 8 , 16 , 61 , 3 , 0 ,
Round: 1
Number of Bids27
Allocation0,0,0,8,8,0,2,8,5,5,5,0
Prices-.0,-.0,-.0,25.0,5.0,-.0,20.0,25.0,25.0,10.0,15.0,-.0
Revenue125
Efficiency47.24
Round: 2
Number of Bids48
Allocation7,0,5,2,7,2,4,2,7,4,3,4
Prices6.3,-.0,5.0,30.0,8.8,15.0,30.0,30.0,30.0,5.0,30.0,10.0
Revenue200
Efficiency65.75
Round: 3
Number of Bids55
Allocation7,6,6,2,7,2,3,2,7,3,3,6
Prices.0,4.0,5.0,30.0,18.0,15.0,36.0,30.0,27.0,10.0,34.0,21.0
Revenue230
Efficiency77.95
Round: 4
Number of Bids58
Allocation1,6,6,2,1,1,2,2,5,5,5,6
Prices5.0,4.0,5.0,25.0,23.0,20.0,35.0,30.0,25.0,26.0,35.0,21.0
Revenue254
Efficiency96.85
Round: 5
Number of Bids63
Allocation7,0,5,2,7,2,4,2,7,4,3,4
Prices10.0,-.0,5.0,27.5,26.2,17.5,40.3,30.0,31.8,16.0,40.0,25.7
Revenue270
Efficiency65.75
Round: 6
Number of Bids69
Allocation1,6,6,2,1,1,2,2,5,5,5,6
Prices14.1,10.4,7.3,25.0,31.2,23.7,37.7,27.3,22.7,21.0,42.3,28.3
Revenue291
Efficiency96.85
Round: 7
Number of Bids72
Allocation1,6,6,2,1,1,2,2,7,5,6,4
Prices19.0,7.7,8.7,25.5,28.3,21.7,36.7,27.9,28.0,21.0,43.7,33.0
Revenue301
Efficiency94.09
Round: 8
Number of Bids74
Allocation1,6,6,2,1,1,2,2,7,5,6,4
Prices19.0,13.0,5.0,25.0,27.0,23.0,38.0,27.0,28.0,21.0,42.0,33.0
Revenue301
Efficiency94.09
Round: 9
Number of Bids75
Allocation1,6,6,2,1,1,2,2,7,5,6,4
Prices19.0,13.0,5.0,25.0,27.0,23.0,38.0,27.0,28.0,21.0,42.0,33.0
Revenue301
Efficiency94.09
Round: 10
Number of Bids75
Allocation1,6,6,2,1,1,2,2,7,5,6,4
Prices19.0,13.0,5.0,25.0,27.0,23.0,38.0,27.0,28.0,21.0,42.0,33.0
Revenue301
Efficiency94.09
Auction: 4
Number of Rounds9
Allocation8,6,2,8,8,3,1,8,8,3,3,4
Optimal Allocation1,5,2,8,7,2,3,8,8,3,3,4
Final Price24.0,29.0,25.0,19.0,46.0,34.0,5.0,41.0,24.0,34.7,30.3,35.0
Surplus423
Optimal Surplus483
Revenue347
Total Penalties0
Total Profits76
Efficiency (surplus/opt_surplus)87.58
Revenue Ratio (revenue/opt_surplus)71.84
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)71.84
Bidder Earnings2 , 19 , 20 , 9 , 0 , 2 , 0 , 24 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning2 , 19 , 20 , 9 , 0 , 2 , 0 , 24 ,
Round: 1
Number of Bids22
Allocation8,0,2,0,8,4,0,4,8,3,3,4
Prices2.8,-.0,25.0,-.0,12.2,12.0,-.0,5.2,.0,30.9,24.1,7.8
Revenue120
Efficiency67.91
Round: 2
Number of Bids36
Allocation0,6,2,6,3,2,0,2,0,3,3,6
Prices-.0,16.2,31.2,1.4,25.0,34.5,-.0,26.2,-.0,30.2,26.8,5.3
Revenue197
Efficiency65.01
Round: 3
Number of Bids41
Allocation1,1,1,0,3,4,0,4,0,3,3,4
Prices16.5,13.0,32.5,-.0,27.0,36.5,-.0,34.5,-.0,30.0,25.0,10.0
Revenue225
Efficiency64.60
Round: 4
Number of Bids49
Allocation7,2,2,7,7,2,0,7,7,3,3,7
Prices9.0,20.6,32.4,.0,41.5,29.0,-.0,34.6,15.5,29.6,25.4,17.4
Revenue255
Efficiency76.19
Round: 5
Number of Bids60
Allocation1,1,2,8,8,3,1,8,8,3,3,8
Prices12.5,24.5,25.0,7.4,44.5,32.5,8.0,41.5,19.5,35.6,30.9,21.1
Revenue303
Efficiency84.47
Round: 6
Number of Bids66
Allocation1,1,2,7,7,3,1,2,7,3,3,7
Prices13.8,23.8,34.8,14.3,44.8,32.8,7.4,32.2,24.0,35.3,30.9,29.9
Revenue324
Efficiency80.75
Round: 7
Number of Bids70
Allocation8,6,2,8,8,3,0,8,8,3,3,4
Prices19.5,29.0,25.0,16.4,48.5,36.5,-.0,42.4,27.3,33.5,29.0,35.0
Revenue342
Efficiency86.13
Round: 8
Number of Bids74
Allocation8,6,2,8,8,3,1,8,8,3,3,4
Prices24.0,29.0,25.0,19.0,46.0,34.0,5.0,41.0,24.0,34.7,30.3,35.0
Revenue347
Efficiency87.58
Round: 9
Number of Bids74
Allocation8,6,2,8,8,3,1,8,8,3,3,4
Prices24.0,29.0,25.0,19.0,46.0,34.0,5.0,41.0,24.0,34.7,30.3,35.0
Revenue347
Efficiency87.58
Auction: 5
Number of Rounds12
Allocation7,1,1,7,1,3,4,4,7,6,4,8
Optimal Allocation7,5,1,7,1,3,2,4,7,6,4,8
Final Price26.5,23.4,19.4,40.6,21.2,39.0,30.9,34.9,34.8,25.0,10.3,36.0
Surplus447
Optimal Surplus449
Revenue342
Total Penalties0
Total Profits105
Efficiency (surplus/opt_surplus)99.55
Revenue Ratio (revenue/opt_surplus)76.17
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)76.17
Bidder Earnings33 , 0 , 5 , 37 , 0 , 16 , 7 , 7 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning33 , 0 , 5 , 37 , 0 , 16 , 7 , 7 ,
Round: 1
Number of Bids24
Allocation1,1,1,6,0,3,3,2,3,6,5,6
Prices.0,5.0,10.0,5.0,-.0,20.0,15.0,15.0,15.0,5.0,5.0,5.0
Revenue100
Efficiency71.71
Round: 2
Number of Bids41
Allocation7,6,2,7,7,2,2,7,7,5,0,7
Prices10.0,10.0,20.0,7.5,3.8,33.7,31.3,30.0,12.5,5.0,-.0,6.2
Revenue170
Efficiency70.60
Round: 3
Number of Bids55
Allocation8,6,2,8,8,3,4,8,8,5,4,4
Prices10.0,10.0,10.0,15.9,13.0,39.0,35.0,32.1,18.0,5.0,6.0,11.0
Revenue205
Efficiency77.51
Round: 4
Number of Bids62
Allocation7,1,1,7,1,2,2,2,7,0,5,7
Prices15.0,20.0,20.0,17.0,9.0,39.0,26.0,30.0,22.0,-.0,5.0,21.0
Revenue224
Efficiency83.30
Round: 5
Number of Bids67
Allocation8,5,5,8,8,3,4,8,8,5,4,4
Prices16.9,16.9,13.1,20.8,19.0,39.0,32.9,36.9,24.4,10.0,13.1,21.0
Revenue264
Efficiency78.17
Round: 6
Number of Bids71
Allocation7,1,1,7,1,2,2,2,7,3,5,7
Prices18.5,24.2,20.0,21.5,19.8,39.0,26.0,30.0,27.0,5.0,5.0,36.0
Revenue272
Efficiency85.30
Round: 7
Number of Bids79
Allocation8,1,1,8,1,3,4,4,8,6,4,8
Prices25.2,23.1,19.1,28.6,21.9,39.0,30.8,34.8,33.2,10.0,10.4,36.0
Revenue312
Efficiency93.76
Round: 8
Number of Bids82
Allocation7,1,1,7,1,3,4,4,7,6,4,6
Prices30.0,23.6,19.5,33.5,20.8,39.0,30.9,34.9,38.5,15.0,10.2,26.0
Revenue322
Efficiency95.77
Round: 9
Number of Bids83
Allocation7,1,1,7,1,3,4,4,7,6,4,6
Prices25.4,23.3,19.3,43.0,21.4,39.0,30.8,34.8,33.6,15.0,10.3,26.0
Revenue322
Efficiency95.77
Round: 10
Number of Bids84
Allocation7,1,1,7,1,3,4,4,7,5,4,8
Prices27.7,23.5,19.4,38.2,21.1,39.0,30.9,34.9,36.1,15.0,10.3,36.0
Revenue332
Efficiency94.21
Round: 11
Number of Bids85
Allocation7,1,1,7,1,3,4,4,7,6,4,8
Prices26.5,23.4,19.4,40.6,21.2,39.0,30.9,34.9,34.8,25.0,10.3,36.0
Revenue342
Efficiency99.55
Round: 12
Number of Bids85
Allocation7,1,1,7,1,3,4,4,7,6,4,8
Prices26.5,23.4,19.4,40.6,21.2,39.0,30.9,34.9,34.8,25.0,10.3,36.0
Revenue342
Efficiency99.55
Auction: 6
Number of Rounds8
Allocation7,5,6,6,3,3,3,4,5,6,4,7
Optimal Allocation7,5,2,6,8,2,1,4,5,3,4,7
Final Price35.3,35.0,36.1,30.2,7.0,21.0,36.0,36.7,29.0,33.7,30.3,32.7
Surplus451
Optimal Surplus464
Revenue363
Total Penalties0
Total Profits88
Efficiency (surplus/opt_surplus)97.20
Revenue Ratio (revenue/opt_surplus)78.23
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)78.23
Bidder Earnings0 , 0 , 19 , 17 , 22 , 16 , 14 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning0 , 0 , 19 , 17 , 22 , 16 , 14 , 0 ,
Round: 1
Number of Bids28
Allocation5,5,2,0,0,3,3,4,5,3,4,4
Prices15.0,20.0,25.0,-.0,-.0,20.0,10.0,5.0,15.0,15.0,10.0,.0
Revenue135
Efficiency79.31
Round: 2
Number of Bids45
Allocation7,1,2,2,7,1,1,7,7,3,3,7
Prices20.0,28.7,27.5,27.5,12.5,28.8,7.5,8.3,13.3,15.0,10.0,5.8
Revenue205
Efficiency80.60
Round: 3
Number of Bids56
Allocation5,5,6,6,3,3,3,4,5,6,4,4
Prices28.8,31.7,34.9,26.4,17.1,31.3,15.6,15.8,21.5,23.7,15.2,8.1
Revenue270
Efficiency91.38
Round: 4
Number of Bids67
Allocation7,2,2,2,7,3,1,7,7,3,3,7
Prices32.5,29.0,30.1,25.9,22.9,36.0,21.0,20.1,25.5,29.0,20.0,15.0
Revenue307
Efficiency84.27
Round: 5
Number of Bids71
Allocation7,5,6,6,7,3,3,7,5,6,3,7
Prices35.8,35.4,37.5,31.1,25.2,36.0,21.0,28.2,28.6,31.3,20.0,21.8
Revenue352
Efficiency91.38
Round: 6
Number of Bids74
Allocation7,5,6,6,7,3,3,7,5,6,3,7
Prices29.6,34.6,35.4,30.0,16.4,30.4,26.6,26.6,29.4,34.6,20.0,38.4
Revenue352
Efficiency91.38
Round: 7
Number of Bids75
Allocation7,5,6,6,3,3,3,4,5,6,4,7
Prices35.3,35.0,36.1,30.2,7.0,21.0,36.0,36.7,29.0,33.7,30.3,32.7
Revenue363
Efficiency97.20
Round: 8
Number of Bids75
Allocation7,5,6,6,3,3,3,4,5,6,4,7
Prices35.3,35.0,36.1,30.2,7.0,21.0,36.0,36.7,29.0,33.7,30.3,32.7
Revenue363
Efficiency97.20
Auction: 7
Number of Rounds10
Allocation8,1,2,8,8,1,1,8,8,6,5,8
Optimal Allocation8,6,2,2,8,4,1,8,8,6,6,8
Final Price40.0,35.5,30.0,40.0,35.5,32.0,12.5,40.0,29.3,30.0,30.0,25.2
Surplus449
Optimal Surplus465
Revenue380
Total Penalties0
Total Profits69
Efficiency (surplus/opt_surplus)96.56
Revenue Ratio (revenue/opt_surplus)81.72
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)81.72
Bidder Earnings31 , 15 , 0 , 0 , 1 , 10 , 0 , 12 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning31 , 15 , 0 , 0 , 1 , 10 , 0 , 12 ,
Round: 1
Number of Bids28
Allocation0,5,5,2,8,3,0,0,8,3,5,8
Prices-.0,5.0,30.0,30.0,10.0,20.0,-.0,-.0,22.5,5.0,5.0,22.5
Revenue150
Efficiency62.15
Round: 2
Number of Bids42
Allocation8,2,2,8,8,2,0,8,8,0,5,8
Prices16.9,25.0,30.0,40.0,25.0,25.0,-.0,16.9,28.1,-.0,5.0,28.1
Revenue240
Efficiency74.62
Round: 3
Number of Bids56
Allocation7,6,2,7,3,3,3,7,7,6,6,7
Prices22.0,25.0,30.0,46.3,25.0,30.0,10.0,22.0,36.7,15.0,5.0,28.0
Revenue295
Efficiency85.38
Round: 4
Number of Bids65
Allocation8,1,2,8,8,1,1,8,8,3,5,8
Prices27.0,30.0,30.0,50.0,31.8,36.2,13.8,27.0,39.2,20.0,10.0,34.9
Revenue350
Efficiency94.62
Round: 5
Number of Bids72
Allocation8,1,5,8,8,1,1,8,8,3,3,8
Prices34.8,35.0,35.0,41.5,26.0,31.0,14.0,34.8,38.5,25.0,15.0,34.5
Revenue365
Efficiency88.39
Round: 6
Number of Bids78
Allocation8,6,5,8,8,3,3,8,8,6,6,8
Prices40.0,45.0,35.0,39.3,30.0,27.4,7.6,40.0,32.4,20.0,25.0,28.3
Revenue370
Efficiency87.53
Round: 7
Number of Bids82
Allocation8,1,2,8,8,1,1,8,8,3,5,8
Prices40.0,35.0,30.0,40.0,35.0,32.0,13.0,40.0,29.5,25.0,30.0,25.5
Revenue375
Efficiency94.62
Round: 8
Number of Bids84
Allocation8,1,2,8,8,1,1,8,8,6,5,8
Prices40.0,36.1,30.0,40.0,36.1,32.0,11.9,40.0,29.0,30.0,30.0,24.9
Revenue380
Efficiency96.56
Round: 9
Number of Bids85
Allocation8,1,2,8,8,1,1,8,8,6,5,8
Prices40.0,35.5,30.0,40.0,35.5,32.0,12.5,40.0,29.3,30.0,30.0,25.2
Revenue380
Efficiency96.56
Round: 10
Number of Bids85
Allocation8,1,2,8,8,1,1,8,8,6,5,8
Prices40.0,35.5,30.0,40.0,35.5,32.0,12.5,40.0,29.3,30.0,30.0,25.2
Revenue380
Efficiency96.56
Auction: 8
Number of Rounds14
Allocation5,2,2,6,1,2,3,4,7,5,4,4
Optimal Allocation5,2,6,7,8,2,3,4,7,5,4,4
Final Price41.0,30.6,44.0,20.0,28.0,20.4,37.0,21.7,35.0,31.0,29.0,29.2
Surplus440
Optimal Surplus456
Revenue367
Total Penalties0
Total Profits73
Efficiency (surplus/opt_surplus)96.49
Revenue Ratio (revenue/opt_surplus)80.48
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)80.48
Bidder Earnings2 , 18 , 5 , 24 , 15 , 3 , 6 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning2 , 18 , 5 , 24 , 15 , 3 , 6 , 0 ,
Round: 1
Number of Bids32
Allocation7,2,2,7,7,2,3,7,7,3,3,7
Prices30.0,15.0,15.0,3.3,3.3,15.0,15.0,15.0,15.0,12.5,12.5,3.3
Revenue155
Efficiency85.75
Round: 2
Number of Bids47
Allocation7,2,2,7,7,2,3,7,7,3,3,7
Prices50.0,32.0,41.0,.0,.0,22.0,22.0,31.0,17.0,5.0,13.0,2.0
Revenue235
Efficiency85.75
Round: 3
Number of Bids53
Allocation7,2,2,7,7,2,3,7,7,3,3,7
Prices55.0,35.0,35.0,4.7,4.7,25.0,25.0,25.0,5.0,5.0,10.0,5.7
Revenue235
Efficiency85.75
Round: 4
Number of Bids57
Allocation7,2,2,7,7,2,3,7,7,5,5,7
Prices47.1,39.1,35.2,.0,17.0,20.7,15.0,30.9,5.0,14.3,20.7,.0
Revenue245
Efficiency87.72
Round: 5
Number of Bids71
Allocation7,2,2,7,7,2,3,7,7,3,3,7
Prices32.0,35.0,35.0,.0,23.0,25.0,25.0,25.0,10.0,19.0,21.0,10.0
Revenue260
Efficiency85.75
Round: 6
Number of Bids76
Allocation7,2,2,7,7,2,3,7,7,3,3,7
Prices33.0,37.0,37.0,.0,27.0,21.0,27.0,21.0,9.0,19.0,19.0,10.0
Revenue260
Efficiency85.75
Round: 7
Number of Bids79
Allocation5,2,2,0,1,2,3,4,3,5,4,4
Prices29.0,34.0,40.0,-.0,28.0,21.0,30.0,28.5,.0,43.0,36.0,15.5
Revenue305
Efficiency89.91
Round: 8
Number of Bids85
Allocation5,2,2,6,1,2,1,4,3,5,4,4
Prices36.0,34.8,40.0,5.0,28.0,20.2,30.0,28.0,5.0,36.0,31.0,21.0
Revenue315
Efficiency92.32
Round: 9
Number of Bids91
Allocation5,2,2,6,1,2,3,4,3,5,4,4
Prices35.6,34.0,40.0,5.0,28.0,21.0,30.0,24.0,15.0,36.4,32.6,23.4
Revenue325
Efficiency94.96
Round: 10
Number of Bids96
Allocation5,2,2,7,1,2,1,4,7,5,4,4
Prices41.0,32.3,41.0,5.0,26.3,21.7,31.7,21.7,25.0,31.0,24.3,34.0
Revenue335
Efficiency94.30
Round: 11
Number of Bids103
Allocation5,2,2,6,1,2,3,4,3,5,4,4
Prices41.0,30.0,45.0,10.0,28.0,20.0,37.0,22.6,30.0,31.0,29.0,28.4
Revenue352
Efficiency94.96
Round: 12
Number of Bids106
Allocation5,2,2,7,1,2,3,4,7,5,4,4
Prices41.0,31.2,43.0,15.0,28.0,20.8,37.0,20.9,35.0,31.0,29.0,30.1
Revenue362
Efficiency96.93
Round: 13
Number of Bids107
Allocation5,2,2,6,1,2,3,4,7,5,4,4
Prices41.0,30.6,44.0,20.0,28.0,20.4,37.0,21.7,35.0,31.0,29.0,29.2
Revenue367
Efficiency96.49
Round: 14
Number of Bids107
Allocation5,2,2,6,1,2,3,4,7,5,4,4
Prices41.0,30.6,44.0,20.0,28.0,20.4,37.0,21.7,35.0,31.0,29.0,29.2
Revenue367
Efficiency96.49
Auction: 9
Number of Rounds13
Allocation1,6,1,8,8,3,1,8,8,6,6,8
Optimal Allocation8,6,5,8,3,3,1,8,8,6,4,8
Final Price32.0,21.7,17.0,25.0,38.0,39.0,10.0,33.0,30.0,22.3,10.0,34.0
Surplus392
Optimal Surplus431
Revenue312
Total Penalties0
Total Profits80
Efficiency (surplus/opt_surplus)90.95
Revenue Ratio (revenue/opt_surplus)72.39
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)72.39
Bidder Earnings19 , 0 , 1 , 0 , 0 , 53 , 0 , 7 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning19 , 0 , 1 , 0 , 0 , 53 , 0 , 7 ,
Round: 1
Number of Bids23
Allocation8,6,0,8,8,3,0,0,3,6,5,6
Prices17.5,5.0,-.0,17.5,20.0,20.0,-.0,-.0,20.0,5.0,5.0,5.0
Revenue115
Efficiency66.59
Round: 2
Number of Bids31
Allocation8,5,0,8,8,4,0,4,5,5,0,4
Prices23.6,2.5,-.0,3.0,28.4,21.6,-.0,8.0,40.0,2.5,-.0,10.5
Revenue140
Efficiency61.02
Round: 3
Number of Bids44
Allocation7,1,1,7,3,3,1,7,7,0,5,7
Prices31.1,9.1,5.0,8.0,33.0,27.0,2.9,5.0,45.0,-.0,5.0,20.9
Revenue192
Efficiency61.25
Round: 4
Number of Bids49
Allocation8,5,5,8,8,3,0,8,8,5,0,8
Prices34.3,11.9,7.6,12.4,37.7,27.0,-.0,15.5,49.4,9.5,-.0,23.6
Revenue229
Efficiency74.25
Round: 5
Number of Bids55
Allocation1,6,5,0,1,3,1,7,3,6,6,7
Prices38.6,15.4,5.0,-.0,41.2,27.0,7.3,19.4,45.0,11.4,9.2,29.6
Revenue249
Efficiency80.74
Round: 6
Number of Bids59
Allocation8,5,5,0,1,3,1,8,3,5,0,8
Prices33.0,19.6,11.0,-.0,48.0,30.0,.0,41.0,42.0,16.4,-.0,29.0
Revenue270
Efficiency75.87
Round: 7
Number of Bids67
Allocation1,6,1,8,8,3,1,8,8,6,6,8
Prices36.6,10.0,14.4,5.0,42.4,27.0,7.9,33.6,45.0,15.9,10.1,34.0
Revenue282
Efficiency90.95
Round: 8
Number of Bids71
Allocation1,5,1,8,8,4,1,8,8,4,4,8
Prices36.0,5.0,17.0,10.0,45.0,34.0,6.0,33.0,38.0,29.0,5.0,34.0
Revenue292
Efficiency83.76
Round: 9
Number of Bids75
Allocation1,6,1,8,8,3,1,8,8,6,6,8
Prices38.0,12.6,19.4,15.0,47.0,39.0,1.6,31.0,33.0,18.4,5.0,34.0
Revenue294
Efficiency90.95
Round: 10
Number of Bids79
Allocation1,5,1,8,8,4,1,8,8,4,4,8
Prices29.7,18.0,20.7,15.0,46.3,46.7,8.7,39.3,25.3,16.3,5.0,34.0
Revenue305
Efficiency83.76
Round: 11
Number of Bids84
Allocation1,6,1,8,8,3,1,8,8,6,6,8
Prices37.0,18.0,16.0,20.0,44.0,39.0,6.0,32.0,30.0,21.0,15.0,34.0
Revenue312
Efficiency90.95
Round: 12
Number of Bids88
Allocation1,6,1,8,8,3,1,8,8,6,6,8
Prices32.0,21.7,17.0,25.0,38.0,39.0,10.0,33.0,30.0,22.3,10.0,34.0
Revenue312
Efficiency90.95
Round: 13
Number of Bids88
Allocation1,6,1,8,8,3,1,8,8,6,6,8
Prices32.0,21.7,17.0,25.0,38.0,39.0,10.0,33.0,30.0,22.3,10.0,34.0
Revenue312
Efficiency90.95
Auction: 10
Number of Rounds9
Allocation1,1,6,7,7,3,1,7,7,3,5,7
Optimal Allocation1,1,2,7,7,3,1,7,7,6,5,7
Final Price26.8,38.2,15.0,15.4,25.0,21.0,11.0,43.6,22.0,37.0,11.0,23.0
Surplus384
Optimal Surplus400
Revenue289
Total Penalties0
Total Profits95
Efficiency (surplus/opt_surplus)96.00
Revenue Ratio (revenue/opt_surplus)72.25
Adjusted Revenue Ratio ((revenue + penalties)/opt_surplus)72.25
Bidder Earnings25 , 0 , 6 , 0 , 24 , 6 , 34 , 0 ,
Bidder Penalties0 , 0 , 0 , 0 , 0 , 0 , 0 , 0 ,
Bidder Net Earning25 , 0 , 6 , 0 , 24 , 6 , 34 , 0 ,
Round: 1
Number of Bids34
Allocation8,6,6,8,8,3,4,8,8,6,5,8
Prices40.0,5.0,5.0,6.0,6.0,5.0,5.0,6.0,6.0,5.0,5.0,6.0
Revenue100
Efficiency73.75
Round: 2
Number of Bids58
Allocation1,1,2,7,7,3,1,7,7,3,5,7
Prices20.0,35.0,10.0,6.0,11.0,10.0,10.0,31.0,7.0,10.0,5.0,.0
Revenue155
Efficiency97.75
Round: 3
Number of Bids70
Allocation1,1,2,2,3,3,1,2,0,3,5,0
Prices30.0,25.0,10.0,16.0,11.0,10.0,10.0,46.0,-.0,25.0,5.0,-.0
Revenue188
Efficiency77.75
Round: 4
Number of Bids77
Allocation5,5,2,7,7,4,4,7,7,4,5,7
Prices18.7,31.3,10.0,17.3,9.7,11.3,11.3,44.7,8.7,22.3,.0,17.7
Revenue203
Efficiency87.25
Round: 5
Number of Bids92
Allocation1,1,2,2,3,3,1,2,5,3,0,8
Prices25.9,33.1,19.0,13.9,14.0,16.0,17.0,39.1,14.0,28.0,-.0,23.0
Revenue243
Efficiency81.25
Round: 6
Number of Bids96
Allocation1,1,2,7,7,3,1,7,7,6,6,7
Prices27.5,37.5,10.0,19.0,20.0,16.0,11.0,47.4,16.8,31.6,6.4,25.8
Revenue269
Efficiency92.50
Round: 7
Number of Bids102
Allocation1,1,2,7,7,3,1,7,7,3,5,7
Prices26.0,39.0,10.0,17.0,25.0,21.0,11.0,45.0,19.0,37.0,11.0,23.0
Revenue284
Efficiency97.75
Round: 8
Number of Bids103
Allocation1,1,6,7,7,3,1,7,7,3,5,7
Prices26.8,38.2,15.0,15.4,25.0,21.0,11.0,43.6,22.0,37.0,11.0,23.0
Revenue289
Efficiency96.00
Round: 9
Number of Bids103
Allocation1,1,6,7,7,3,1,7,7,3,5,7
Prices26.8,38.2,15.0,15.4,25.0,21.0,11.0,43.6,22.0,37.0,11.0,23.0
Revenue289
Efficiency96.00