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Uncertainty and Auction Outcomes: Evidence from Used Car Actions

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  • Yaron Raviv

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  • Yaron Raviv, 2009. "Uncertainty and Auction Outcomes: Evidence from Used Car Actions," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 34(4), pages 327-347, June.
    • Handle: RePEc:kap:revind:v:34:y:2009:i:4:p:327-347
    DOI: 10.1007/s11151-009-9212-5
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    References listed on IDEAS

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    1. Jacob K. Goeree & Theo Offerman, 2003. "Competitive Bidding in Auctions with Private and Common Values," Economic Journal, Royal Economic Society, vol. 113(489), pages 598-613, July.
    2. 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.
    3. Milgrom, Paul R & Weber, Robert J, 1982. "A Theory of Auctions and Competitive Bidding," Econometrica, Econometric Society, vol. 50(5), pages 1089-1122, September.
    4. 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.
    5. Krishna, Vijay, 2009. "Auction Theory," Elsevier Monographs, Elsevier, edition 2, number 9780123745071.
    6. Robert B. Wilson, 1969. "Communications to the Editor--Competitive Bidding with Disparate Information," Management Science, INFORMS, vol. 15(7), pages 446-452, March.
    7. Levin, Dan & Kagel, John H & Richard, Jean-Francois, 1996. "Revenue Effects and Information Processing in English Common Value Auctions," American Economic Review, American Economic Association, vol. 86(3), pages 442-460, June.
    8. Raviv, Yaron, 2006. "New Evidence on Price Anomalies in Sequential Auctions: Used Cars in New Jersey," Journal of Business & Economic Statistics, American Statistical Association, vol. 24, pages 301-312, July.
    9. Eiichiro Kazumori & John Mcmillan, 2005. "Selling Online Versus Live," Journal of Industrial Economics, Wiley Blackwell, vol. 53(4), pages 543-569, December.
    10. Yaron Raviv, 2008. "The Role Of The Bidding Process In Price Determination: Jump Bidding In Sequential English Auctions," Economic Inquiry, Western Economic Association International, vol. 46(3), pages 325-341, July.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Auction; Uncertainty; D44;
    All these keywords.

    JEL classification:

    • D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions

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