We use structural methods to assess equilibrium models of bidding with data from firstprice auction experiments. We identify conditions to test the Nash equilibrium models for homogenous and for heterogeneous constant relative risk aversion when bidders’ private valuations are independent and uniformly drawn. The outcomes of our study indicate that behavior may have been affected by the procedu...

The mechanism of binding of two antagonists, 3-q& nuclidinyl benzilate and IV-methyl-4-piperidinyl benzilate, to the muscarinic receptor was studied. The pseudo-first order rate constant of association showed a hyperbolic dependence on the concentration of the antagonist(s) indicating that the interaction involves two equilibria. The first binding equilibrium is reached rapidly and is character...

In this laboratory exercise we will measure the equilibrium constant for the cis-trans isomerism about a peptide bond involving the amino acid L-Proline. This will be accomplished by determining the relative concentrations of each isomer using key proton signals in a Nuclear Magnetic Resonance (NMR) spectrum of a solution of an N-Acetyl derivative of the amino acid, which will serve as a model ...