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Compensating for the winner's curse: Experimental evidence

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  • Parlour, Christine A.
  • Prasnikar, Vesna
  • Rajan, Uday

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  • Parlour, Christine A. & Prasnikar, Vesna & Rajan, Uday, 2007. "Compensating for the winner's curse: Experimental evidence," Games and Economic Behavior, Elsevier, vol. 60(2), pages 339-356, August.
    • Handle: RePEc:eee:gamebe:v:60:y:2007:i:2:p:339-356
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    References listed on IDEAS

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    1. Max H. Bazerman & William F. Samuelson, 1983. "I Won the Auction But Don't Want the Prize," Journal of Conflict Resolution, Peace Science Society (International), vol. 27(4), pages 618-634, December.
    2. Jeremy Bulow & Paul Klemperer, 2002. "Prices and the Winner's Curse," RAND Journal of Economics, The RAND Corporation, vol. 33(1), pages 1-21, Spring.
    3. Kagel, John H & Levin, Dan & Harstad, Ronald M, 1995. "Comparative Static Effects of Number of Bidders and Public Information on Behavior in Second-Price Common Value Auctions," International Journal of Game Theory, Springer;Game Theory Society, vol. 24(3), pages 293-319.
    4. Paul Klemperer, 1999. "Auction Theory: A Guide to the Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 13(3), pages 227-286, July.
    5. Christine A. Parlour & Uday Rajan, 2005. "Rationing in IPOs," Review of Finance, European Finance Association, vol. 9(1), pages 33-63.
    6. Christine Parlour & Uday Rajan, 2005. "Rationing in IPOs," Review of Finance, Springer, vol. 9(1), pages 33-63, March.
    7. 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.
    8. Krishna, Vijay, 2009. "Auction Theory," Elsevier Monographs, Elsevier, edition 2, number 9780123745071.
    9. Klemperer, Paul, 1999. " Auction Theory: A Guide to the Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 13(3), pages 227-86, July.
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    Cited by:

    1. Bing Han & David Hirshleifer & Johan Walden, 2023. "Visibility Bias in the Transmission of Consumption Beliefs and Undersaving," Journal of Finance, American Finance Association, vol. 78(3), pages 1647-1704, June.
    2. Mezzetti, Claudio & Tsetlin, Ilia, 2009. "Auctions in which losers set the price," Games and Economic Behavior, Elsevier, vol. 66(2), pages 855-864, July.
    3. repec:cup:judgdm:v:3:y:2008:i:7:p:483-492 is not listed on IDEAS
    4. Wouter van den Bos & Jian Li & Tatiana Lau & Eric Maskin & Jonathan D. Cohen & P. Read Montague & Samuel M. McClure, 2008. "The value of victory: social origins of the winner's curse in common value auctions," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 3(7), pages 483-492, October.
    5. Christopher P. Chambers & Michael Richter, 2023. "Ordinal allocation," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 60(1), pages 5-14, January.
    6. Matteo Migheli, 2017. "The winner’s curse in auctions with losses," Mind & Society: Cognitive Studies in Economics and Social Sciences, Springer;Fondazione Rosselli, vol. 16(1), pages 113-126, November.
    7. Aleksandar Saša Pekev{c} & Ilia Tsetlin, 2008. "Revenue Ranking of Discriminatory and Uniform Auctions with an Unknown Number of Bidders," Management Science, INFORMS, vol. 54(9), pages 1610-1623, September.

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