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. 2022 Jan 10;20(3):417–429. doi: 10.1007/s40258-021-00706-9

Table 6.

Distribution of sample in each bid value and the payment rate

Scenario Initial bid (unit: ¥)
50 100 200 300 500 1000 Total N Payment rate (%)
S1 25 (13.9%) 39 (21.7%) 23 (12.8%) 35 (19.4%) 27 (15.0%) 31 (17.2%) 180 254 70.8
S2 36 (17.5%) 34 (16.5%) 25 (12.1%) 38 (18.4%) 35 (17.0%) 38 (18.4%) 206 265 77.7
S3 38 (18.0%) 36 (17.1%) 29 (13.7%) 41 (19.4%) 36 (17.1%) 31 (14.7%) 211 266 79.3
S4 46 (19.5%) 42 (17.8%) 52 (22.0%) 34 (14.4%) 29 (12.3%) 33 (14.0%) 236 293 80.5
S5 50 (23.1%) 41 (19.0%) 33 (15.3%) 28 (13.0%) 29 (13.4%) 35 (16.2%) 216 277 77.9
S6 36 (20.0%) 18 (10.0%) 28(15.6%) 33 (18.3%) 33 (18.3%) 32 (17.8%) 180 256 70.3
S7 32 (14.3%) 36 (16.1%) 39 (17.4%) 47 (21.0%) 27 (12.1%) 43 (19.2%) 224 277 80.8
S8 38 (16.1%) 34 (14.4%) 40 (16.9%) 38 (16.1%) 39 (16.5%) 47 (19.9%) 236 275 85.8
S9 33 (15.3%) 34 (15.7%) 27 (12.5%) 42 (19.4%) 24 (11.1%) 56 (25.9%) 216 287 75.2
Total 334 314 296 336 279 346 1905 2450 77.7