Setting up Inducements for Bidder Values

Click the 'Inducements' tab to check the randomly assigned bidder values. If you wish to change them for any regime, click the tab for that regime (under the experiment tab), then click on the value you wish to change for the bidder in question.  Now a new value may be entered.

Screen Capture: Configuration Screen for Inducements

When you close the parameter screen, the setup will be saved to Econport. If you would also like to save your parameterization to your hard drive or any storage media, click 'Save As' from the 'File' menu, and proceed.

Next: Running an experiment.