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The Winner's Curse and Public Information in Common Value Auctions: Comment

Author

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  • Samuel H. Dinkin
  • James C. Cox
  • Vernon L. Smith

Abstract

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Suggested Citation

  • Samuel H. Dinkin & James C. Cox & Vernon L. Smith, 1999. "The Winner's Curse and Public Information in Common Value Auctions: Comment," American Economic Review, American Economic Association, vol. 89(1), pages 319-324, March.
    • Handle: RePEc:aea:aecrev:v:89:y:1999:i:1:p:319-324
    Note: DOI: 10.1257/aer.89.1.319
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    File URL: http://www.aeaweb.org/articles.php?doi=10.1257/aer.89.1.319
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    References listed on IDEAS

    as
    1. James Cox & Sam Dinkin & James Swarthout, 2001. "Endogenous Entry and Exit in Common Value Auctions," Experimental Economics, Springer;Economic Science Association, vol. 4(2), pages 163-181, October.
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    Citations

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    Cited by:

    1. Griffin, Robert, 2013. "Auction designs for allocating wind energy leases on the U.S. outer continentalshelf," Energy Policy, Elsevier, vol. 56(C), pages 603-611.
    2. Genti Kostandini & Elton Mykerezi & Eftila Tanellari & Nour Dib, 2011. "Does Buyer Experience Pay Off? Evidence from eBay," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 39(3), pages 253-265, November.
    3. Cong Feng & Scott Fay & K. Sivakumar, 2016. "Overbidding in electronic auctions: factors influencing the propensity to overbid and the magnitude of overbidding," Journal of the Academy of Marketing Science, Springer, vol. 44(2), pages 241-260, March.
    4. John D. Burger & Richard D. Grayson & Stephen J.K. Walters, 2006. "Initial Public Offerings of Ballplayers," Working Papers 0624, International Association of Sports Economists;North American Association of Sports Economists.
    5. Lorentziadis, Panos L., 2016. "Optimal bidding in auctions from a game theory perspective," European Journal of Operational Research, Elsevier, vol. 248(2), pages 347-371.
    6. Theo Offerman, 2002. "Efficiency in Auctions with Private and Common Values: An Experimental Study," American Economic Review, American Economic Association, vol. 92(3), pages 625-643, June.

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    More about this item

    JEL classification:

    • D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior

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