Andreas Drichoutis

No institutional affiliation

Department of Economics, University of Ioannina
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Curriculum Vitae [PDF]

Expertise

Experimental auctions
Contingent valuation
Health economics
Choice under risk
Food demand analysis

Courses/Seminars

Framework Programme Seven – Project Development, Budapest, Hungary. Europa Media Trainings
Discrete Choice Modelling, Instructor: Greene, W.H.
Analysis of Categorical Repeated Measures, Instructor: Agresti, A.
Discrete Choice Analysis: Predicting demand and market shares, Instructors: Ben-akiva, M., Bierlaire, M., Bolduc, D. and McFadden, D.
Structural Equation Modeling with LISREL, Instructors: Jöreskog, K. and Wallentin, F.Y.
Panel Data Econometrics, Instructor: Manuel Arellano

Honors & Awards

Half tuition scholarship for the intensive course on Discrete Choice Analysis, Ecole Polytechnic Federale de Lausanne, Switzerland, 2008
"Best Survey" distinction, Cutty Sark marketing contenst
Award by the National States Scholarship Foundation (IKY), best MBA thesis 2003-2004
Scholarship for rank of acceptance in the MBA program of Agribusiness Management, States Scholarship Foundation (IKY)

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The role of reference prices in experimental auctions

Andreas Drichoutis, Agricultural University of Athens
Panagiotis Lazaridis, Agricultural University of Athens
Rodolfo M. Nayga, Jr., Texas A & M University - College Station

Abstract

We examine the role of reference prices (field prices) in willingness to pay studies involving experimental auctions. Using a 2nd price Vickrey auction, we find that provision of reference prices increases bid values.

Suggested Citation

Andreas Drichoutis; Panagiotis Lazaridis; and Rodolfo M. Nayga, Jr.. "The role of reference prices in experimental auctions" Economics Letters 99.3 (2008): 446-448.

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Selected Works of Andreas Drichoutis