Almost common values auctions revisited
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Jeremy Bulow & Ming Huang & Paul Klemperer, 1999.
"Toeholds and Takeovers,"
Journal of Political Economy, University of Chicago Press, vol. 107(3), pages 427-454, June.
- Bulow, Jeremy I. & Huang, Ming & Klemperer, Paul, 1996. "Toeholds and Takeovers," CEPR Discussion Papers 1486, C.E.P.R. Discussion Papers.
- Jeremy Bulow & Ming Huang & Paul Klemperer, 1996. "Toeholds and Takeovers," Finance 9608001, University Library of Munich, Germany.
- Jeremy Bulow & Ming Huang & Paul Klemperer, 1999. "Toeholds and Takeovers," Finance 9903005, University Library of Munich, Germany.
- Paul Klemperer, 2002.
"What Really Matters in Auction Design,"
Journal of Economic Perspectives, American Economic Association, vol. 16(1), pages 169-189, Winter.
- Professor Paul Klemperer, 2000. "What Really Matters in Auction Design," Microeconomics 0004008, University Library of Munich, Germany.
- Klemperer, Paul, 2000. "What Really Matters in Auction Design," CEPR Discussion Papers 2581, C.E.P.R. Discussion Papers.
- Peter Cramton, 1997.
"The FCC Spectrum Auctions: An Early Assessment,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 6(3), pages 431-495, September.
- Peter Cramton, 1997. "The FCC Spectrum Auctions: An Early Assessment," Papers of Peter Cramton 97jemsfcc, University of Maryland, Department of Economics - Peter Cramton, revised 12 Jul 1998.
- Bikhchandani, Sushil, 1988. "Reputation in repeated second-price auctions," Journal of Economic Theory, Elsevier, vol. 46(1), pages 97-119, October.
- Christopher Avery & John H. Kagel, 1997. "Second‐Price Auctions with Asymmetric Payoffs: An Experimental Investigation," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 6(3), pages 573-603, September.
- Kagel, John H. & Levin, Dan, 1986. "The Winner's Curse and Public Information in Common Value Auctions," American Economic Review, American Economic Association, vol. 76(5), pages 894-920, December.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Gisèle Umbhauer, 2015. "Almost common value auctions and discontinuous equilibria," Post-Print hal-01735849, HAL.
- Marco Pagnozzi, 2008.
"Are Disadvanteged Bidders Doomed In Ascending Auctions?,"
Journal of Industrial Economics, Wiley Blackwell, vol. 56(3), pages 683-683, September.
- Marco Pagnozzi, 2006. "Are Disadvantaged Bidders Doomed in Ascending Auctions?," CSEF Working Papers 169, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Coatney, Kalyn T. & Shaffer, Sherrill L. & Menkhaus, Dale J., 2012.
"Auction prices, market share, and a common agent,"
Journal of Economic Behavior & Organization, Elsevier, vol. 81(1), pages 61-73.
- Kalyn T. Coatney & Sherrill L. Shaffer & Dale J. Menkhaus, 2011. "Auction Prices, Market Share, and a Common Agent," CAMA Working Papers 2011-24, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Oliver Kirchkamp & Wladislaw Mill, 2019. "Spite vs. risk: explaining overbidding," CESifo Working Paper Series 7631, CESifo.
- de Frutos, M.A. & Jarque, X., 2007.
"Auctions with asymmetric common-values: The first-price format,"
Journal of Mathematical Economics, Elsevier, vol. 43(7-8), pages 795-817, September.
- Mª Angeles De Frutos & Xavier Jarque, 2004. "Auctions with asymmetric common-values: The first-price format," Working Papers 146, Barcelona School of Economics.
- Levin, Dan & Ye, Lixin, 2008. "Hybrid auctions revisited," Economics Letters, Elsevier, vol. 99(3), pages 591-594, June.
- Rose, Susan L. & Levin, Dan, 2008. "An experimental investigation of the explosive effect in almost common value auctions," Journal of Economic Behavior & Organization, Elsevier, vol. 67(3-4), pages 927-946, September.
- Gisèle Umbhauer, 2015. "Almost common value auctions and discontinuous equilibria," Annals of Operations Research, Springer, vol. 225(1), pages 125-140, February.
- Dmitry Ryvkin, 2009. "Tournaments of Weakly Heterogeneous Players," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 11(5), pages 819-855, October.
- LI Daniel Zhiyun, 2012. "Seller Cheap Talk in Almost Common Value Auction," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 12(1), pages 1-31, March.
- Dmitry Ryvkin, 2007. "Tullock contests of weakly heterogeneous players," Public Choice, Springer, vol. 132(1), pages 49-64, July.
- 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.
- Kirchkamp, Oliver & Mill, Wladislaw, 2021. "Spite vs. risk: Explaining overbidding in the second-price all-pay auction," Games and Economic Behavior, Elsevier, vol. 130(C), pages 616-635.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Susan L. Rose & John H. Kagel, 2008. "Almost Common Value Auctions: An Experiment," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 17(4), pages 1041-1058, December.
- de Frutos, M.A. & Jarque, X., 2007.
"Auctions with asymmetric common-values: The first-price format,"
Journal of Mathematical Economics, Elsevier, vol. 43(7-8), pages 795-817, September.
- Mª Angeles De Frutos & Xavier Jarque, 2004. "Auctions with asymmetric common-values: The first-price format," Working Papers 146, Barcelona School of Economics.
- 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.
- Abbink, Klaus & Irlenbusch, Bernd & Pezanis-Christou, Paul & Rockenbach, Bettina & Sadrieh, Abdolkarim & Selten, Reinhard, 2005.
"An experimental test of design alternatives for the British 3G/UMTS auction,"
European Economic Review, Elsevier, vol. 49(2), pages 505-530, February.
- Abbink, Klaus & Irlenbusch, Bernd & Pezanis-Christou, Paul & Rockenbach, Bettina & Sadrieh, Abdolkarim & Selten, Reinhard, 2001. "An Experimental Test of Design Alternatives for the British 3G / UMTS Auction," Bonn Econ Discussion Papers 25/2001, University of Bonn, Bonn Graduate School of Economics (BGSE).
- Klaus Abbink & Bernd Irlenbusch & Paul Pezanis-Christou & Bettina Rockenbach & Abdolkarim Sadrieh & Reinhard Selten, 2007. "An experimental test of design alternatives for the British 3G/UMTS auction," Post-Print hal-00279157, HAL.
- Sander Onderstal & Ailko van der Veen, 2011. "Keeping out Trojan Horses: Auctions and Bankruptcy in the Laboratory," Tinbergen Institute Discussion Papers 11-024/1, Tinbergen Institute.
- Guth, Werner & Ivanova-Stenzel, Radosveta & Wolfstetter, Elmar, 2005.
"Bidding behavior in asymmetric auctions: An experimental study,"
European Economic Review, Elsevier, vol. 49(7), pages 1891-1913, October.
- Güth, Werner & Ivanova-Stenzel, Radosveta & Wolfstetter, Elmar, 2001. "Bidding behavior in asymmetric auctions: An experimental study," SFB 373 Discussion Papers 2001,15, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
- Freeman, David J. & Kimbrough, Erik O. & Reiss, J. Philipp, 2020.
"Opportunity cost, inattention and the bidder’s curse,"
European Economic Review, Elsevier, vol. 129(C).
- Freeman, David & Kimbrough, Erik O. & Reiss, J. Philipp, 2017. "Opportunity cost, inattention and the bidder's curse," Working Paper Series in Economics 101, Karlsruhe Institute of Technology (KIT), Department of Economics and Management.
- David Freeman & Erik O. Kimbrough & J. Philipp Reiss, 2017. "Opportunity cost, inattention and the bidder's curse," Discussion Papers dp17-04, Department of Economics, Simon Fraser University.
- Klemperer, Paul, 2002.
"How (not) to run auctions: The European 3G telecom auctions,"
European Economic Review, Elsevier, vol. 46(4-5), pages 829-845, May.
- Paul Klemperer, 2001. "How (Not) to Run Auctions: the European 3G Telecom Auctions," Economics Papers 2002-W5, Economics Group, Nuffield College, University of Oxford, revised 01 Nov 2001.
- Klemperer, Paul, 2002. "How (Not) to Run Auctions: The European 3G Telecom Auctions," CEPR Discussion Papers 3215, C.E.P.R. Discussion Papers.
- 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.
- Jacob K. Goeree & Theo Offerman, 2000. "Efficiency in Auctions with Private and Common Values: An Experimental Study," Tinbergen Institute Discussion Papers 00-045/1, Tinbergen Institute.
- Jacob K. Goeree & Theo Offerman, 2000. "Efficiency in Auctions with Private and Common Values: An Experimental Study," Virginia Economics Online Papers 347, University of Virginia, Department of Economics.
- Marco Pagnozzi, 2008.
"Are Disadvanteged Bidders Doomed In Ascending Auctions?,"
Journal of Industrial Economics, Wiley Blackwell, vol. 56(3), pages 683-683, September.
- Marco Pagnozzi, 2006. "Are Disadvantaged Bidders Doomed in Ascending Auctions?," CSEF Working Papers 169, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- 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.
- Paul Klemperer, 2002.
"What Really Matters in Auction Design,"
Journal of Economic Perspectives, American Economic Association, vol. 16(1), pages 169-189, Winter.
- Professor Paul Klemperer, 2000. "What Really Matters in Auction Design," Microeconomics 0004008, University Library of Munich, Germany.
- Klemperer, Paul, 2000. "What Really Matters in Auction Design," CEPR Discussion Papers 2581, C.E.P.R. Discussion Papers.
- Sanna Laksá & Daniel Marszalec & Alexander Teytelboym, 2018. "Epic Fail: How Below-Bid Pricing Backfires in Multiunit Auctions," CIRJE F-Series CIRJE-F-1096, CIRJE, Faculty of Economics, University of Tokyo.
- Kosmopoulou, Georgia & De Silva, Dakshina G., 2007.
"The effect of shill bidding upon prices: Experimental evidence,"
International Journal of Industrial Organization, Elsevier, vol. 25(2), pages 291-313, April.
- Georgia Kosmopoulou & Dakshina G. De Silva, 2005. "The Effect of Shill Bidding upon Prices: Experimental Evidence," Experimental 0512002, University Library of Munich, Germany.
- de Frutos, Maria-Angeles & Pechlivanos, Lambros, 2006.
"Second-price common-value auctions under multidimensional uncertainty,"
Games and Economic Behavior, Elsevier, vol. 55(1), pages 43-71, April.
- Frutos, María Ángeles de & Pechlivanos, Lambros, 1999. "Second-price common-value auctions under multidimensional uncertainty," UC3M Working papers. Economics 6139, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Committee, Nobel Prize, 2020. "Improvements to auction theory and inventions of new auction formats," Nobel Prize in Economics documents 2020-2, Nobel Prize Committee.
- Christopher Avery & John H. Kagel, 1997. "Second‐Price Auctions with Asymmetric Payoffs: An Experimental Investigation," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 6(3), pages 573-603, September.
- Gisèle Umbhauer, 2015. "Almost common value auctions and discontinuous equilibria," Post-Print hal-01735849, HAL.
- Eyster, Erik & Rabin, Matt, 2002. "Cursed Equilibrium," Department of Economics, Working Paper Series qt6xf4782t, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Breitmoser, Yves, 2019.
"Knowing me, imagining you: Projection and overbidding in auctions,"
Games and Economic Behavior, Elsevier, vol. 113(C), pages 423-447.
- Breitmoser, Yves, 2015. "Knowing me, imagining you: Projection and overbidding in auctions," MPRA Paper 62052, University Library of Munich, Germany.
- Breitmoser, Yves, 2016. "Knowing me, imagining you: Projection and overbidding in auctions," MPRA Paper 68981, University Library of Munich, Germany.
- Breitmoser, Yves, 2015. "Knowing me, imagining you: Projection and overbidding in auctions," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113160, Verein für Socialpolitik / German Economic Association.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:eecrev:v:49:y:2005:i:5:p:1125-1136. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/eer .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.