Security auctions with cash- and equity-bids: An experimental study

Funding

We thank Cathy Zeng for valuable feedback on the experimental implementation and seminar participants at University of Auckland for their feedback as well as Jörg Oechssler for interesting and valuable discussions regarding the use of bootstrapping techniques. We also acknowledge helpful suggestions from David Levine (editor), an associate editor and two anonymous referees. Funding for the study was received from the University of Bath, International Funding Scheme (Bajoori) and supplemented using individual research funds (Wolk), The Netherlands.