Journal of Agricultural and Resource Economics
Recent evidence suggests that participants' misunderstanding of experimental auction mechanisms can systematically bias auction results. We present a simple technique for testing whether field auctions participants fully understand the demand-revealing nature of the auction mechanism and, by extension, whether auction bids provide an unbiased estimate of participants' willingness to pay.
Corrigan, J. R., Rousu, M. C. (2008). Testing Whether Field Auction Experiments are Demand Revealing in Practice. Journal of Agriculture and Resource Economics, 33, 290-301.