EconBiz - Find Economic Literature
    • Logout
    • Change account settings
  • A-Z
  • Beta
  • About EconBiz
  • News
  • Thesaurus (STW)
  • Academic Skills
  • Help
  •  My account 
    • Logout
    • Change account settings
  • Login
EconBiz - Find Economic Literature
Publications Events
Search options
Advanced Search history
My EconBiz
Favorites Loans Reservations Fines
    You are here:
  • Home
  • Search: subject_exact:"Common-value auction"
Narrow search

Narrow search

Year of publication
Subject
All
Common-value auction 43 Common-Value-Auktion 39 Auktionstheorie 23 Theorie 22 Auction theory 21 Theory 21 Experiment 14 Asymmetric information 12 Asymmetrische Information 12 common value auction 12 Auktion 10 Auction 9 Competition 8 Wettbewerb 8 Common value auction 7 Costs 6 Information 6 Kosten 6 Welfare analysis 6 Wohlfahrtsanalyse 6 Agent-based modeling 5 Angebotsfunktion 5 Energiemarkt 5 Energy market 5 Supply function 5 Unvollkommene Information 5 winner's curse 5 Agentenbasierte Modellierung 4 Anlageverhalten 4 Behavioural finance 4 Börsengang 4 Decision under uncertainty 4 Economics of information 4 Entscheidung unter Unsicherheit 4 Game theory 4 Incomplete information 4 Informationsökonomik 4 Initial public offering 4 Market power 4 Marktmacht 4
more ... less ...
Online availability
All
Undetermined 20 Free 19
Type of publication
All
Book / Working Paper 34 Article 33
Type of publication (narrower categories)
All
Article in journal 26 Aufsatz in Zeitschrift 26 Graue Literatur 15 Non-commercial literature 15 Working Paper 15 Arbeitspapier 13 Aufsatz im Buch 3 Book section 3 Thesis 3 Hochschulschrift 2 Case study 1 Fallstudie 1 Konferenzschrift 1
more ... less ...
Language
All
English 47 Undetermined 14 German 5 Spanish 1
Author
All
Bayona, Anna 5 Brandts, Jordi 5 Vives, Xavier 5 Ahlberg, Joakim 4 Boone, Jan 4 Brocas, Isabelle 4 Brorsen, Wade 4 Castro, Manuel 4 Goeree, Jacob K. 4 Ambrus, Attila 3 Baranovskyi, Volodymyr 3 Becker, Alice 3 Boyer, Christopher N. 3 Brünner, Tobias 3 Carrillo, Juan D. 3 Kolb, Aaron 3 Aubert, Cécile 2 Bontems, Philippe 2 Boyer, Christopher 2 Brorsen, B. 2 Chlaß, Nadine 2 Ngangoue, Kathleen M. 2 Salanié, François 2 Schotter, Andrew 2 Steiner, Jakub 2 Stewart, Colin 2 Xue, Ling 2 Zhang, Tong 2 Zhao, Xia 2 Andreff, Wladimir 1 Andrews, Isaiah 1 Athias, Laure 1 Avery, Christopher 1 Blankart, Charles B. 1 Bobtcheff, Catherine 1 Brown, David C. 1 Carrillo, Juan D 1 Chalß, Nadine 1 Cumbul, Eray 1 Davies, Shaun William 1
more ... less ...
Institution
All
Wirtschaftswissenschaftliche Fakultät, Friedrich-Schiller-Universität Jena 3 CTS - Centre for Transport Studies Stockholm (KTH and VTI) 2 C.E.P.R. Discussion Papers 1 Center for Operations Research and Econometrics (CORE), École des Sciences Économiques de Louvain 1 Lusk Center for Real Estate, Marshall School of Business 1 Transportekonomi, Väg- och Transportforskninginstitut (VTI) 1 Université Paris-Dauphine 1 Université Paris-Dauphine (Paris IX) 1 Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München 1
more ... less ...
Published in...
All
Jena Economic Research Papers 5 Discussion paper / Centre for Economic Policy Research 4 American economic journal 3 ERID working paper 2 Journal of financial intermediation 2 Working papers in Transport Economics 2 Advances in Pacific Basin financial markets 1 American economic review 1 American journal of agricultural economics 1 Barcelona GSE working paper series : working paper 1 CEPR Discussion Papers 1 CESifo working papers 1 CORE Discussion Papers 1 China economic review : an international journal 1 Computational Economics 1 Computational economics 1 Contemporary research in sports economics : proceedings of the 5th ESEA Conference 1 Der Dritte Sektor als Infrastrukturakteur 1 Discussion paper / Center for Economic Research, Tilburg University 1 ESADE Business School Research Paper 1 Economic Research Initiatives at Duke (ERID) Working Paper 1 Economics Papers from University Paris Dauphine 1 Experimental Economics 1 Finanz-Betrieb : FB ; Zeitschrift für Unternehmensfinanzierung und Finanzmanagement 1 Gabler Edition Wissenschaft 1 Games and economic behavior 1 I4R discussion paper series 1 IESE Business School Working Paper 1 Innovative Kapitalanlage-Konzepte : ART, Behavioral Finance, Hedge Funds, Neue Märkte, Private Equity, Venture Capital 1 Journal of Economic Interaction and Coordination 1 Journal of agricultural & food industrial organization 1 Journal of behavioral and experimental economics 1 Journal of business economics : JBE 1 Journal of economic interaction and coordination : JEIC 1 Journal of economics & management strategy : JEMS 1 Journal of financial and quantitative analysis : JFQA 1 Journal of management information systems : JMIS 1 MPRA Paper 1 Market design and the spectrum auctions 1 Mathematics of operations research 1
more ... less ...
Source
All
ECONIS (ZBW) 48 RePEc 16 EconStor 2 BASE 1
Showing 1 - 50 of 67
Cover Image
A comment on the common-probability auction puzzle (2023)
Eissa, Yasmine; Rosmer, Paul; Yap, Luther - 2023
Ngangoué and Schotter (2023) investigate common-probability auctions. By running an experiment, they find that, in contrast to the substantial overbidding found in common-value auctions, bidding in strategically equivalent common-probability auctions is consistent with the Nash equilibrium. We...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014371860
Saved in:
Cover Image
Negative results in science : blessing or (winner's) curse?
Bobtcheff, Catherine; Levy, Raphaël; Mariotti, Thomas - 2022
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012813812
Saved in:
Cover Image
Inference on winners
Andrews, Isaiah; Kitagawa, Toru; McCloskey, Adam - In: The quarterly journal of economics 139 (2024) 1, pp. 305-358
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014528127
Saved in:
Cover Image
The common-probability auction puzzle
Ngangoue, Kathleen M.; Schotter, Andrew - In: American economic review 113 (2023) 6, pp. 1572-1599
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014317263
Saved in:
Cover Image
Misbehavior in common value auctions : bidding rings and shills
Levin, Dan; Peck, James - In: American economic journal 15 (2023) 1, pp. 171-200
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014228926
Saved in:
Cover Image
Ganar, ¿una maldición?
Pablo, Juan Carlos de - 2020
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012314594
Saved in:
Cover Image
Acquisition, aggregation, and sharing of information in sequential-move aggregative games
Cumbul, Eray - In: American economic journal 14 (2022) 3, pp. 441-479
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014228735
Saved in:
Cover Image
A delegation-based theory of expertise
Ambrus, Attila; Baranovskyi, Volodymyr; Kolb, Aaron - In: American economic journal 13 (2021) 4, pp. 373-419
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012655834
Saved in:
Cover Image
Supply function competition, private information, and market power : a laboratory study
Bayona, Anna; Brandts, Jordi; Vives, Xavier - 2016
In the context of supply function competition with private information, we test in the laboratory whether - as predicted in Bayesian equilibrium - costs that are positively correlated lead to steeper supply functions and less competitive outcomes than do uncorrelated costs. We find that the...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011509449
Saved in:
Cover Image
Supply Function Competition, Private Information, and Market Power : A Laboratory Study
Bayona, Anna - 2016
In the context of supply function competition with private information, we test in the laboratory whether, as predicted in Bayesian equilibrium, costs that are positively correlated lead to steeper supply functions and less competitive outcomes than do uncorrelated costs. We find that the...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012982452
Saved in:
Cover Image
Supply Function Competition, Private Information, and Market Power : A Laboratory Study
Bayona, Anna - 2020
In the context of supply function competition with private information, we test in the laboratory whether — as predicted in Bayesian equilibrium — costs that are positively correlated lead to steeper supply functions and less competitive outcomes than do uncorrelated costs. We find that the...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012854395
Saved in:
Cover Image
Financing efficiency of securities-based crowdfunding
Brown, David C.; Davies, Shaun William - In: The review of financial studies 33 (2020) 9, pp. 3975-4023
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012387361
Saved in:
Cover Image
Creating a winnerʹs curse via jump bids
Ettinger, David; Michelucci, Fabio - 2015
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011306048
Saved in:
Cover Image
Information asymmetries in common-value auctions with discrete signals
Syrgkanis, Vasilis; Kempe, David; Tardos, Éva - In: Mathematics of operations research 44 (2019) 4, pp. 1450-1476
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012128384
Saved in:
Cover Image
Essays in behavioral and experimental economics
Koch, Christian - 2014
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010383447
Saved in:
Cover Image
Bidding in common value fair division games : conference paper
Becker, Alice; Brünner, Tobias - 2013
In a fair division game an indivisible object with an unknown common value is owned by a group of individuals and should be allocated to one of them while the others are compensated monetarily. Implementing fair division games in the lab, we find many occurrences of the winner's curse under the...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010341148
Saved in:
Cover Image
Alternative policy responses to increased use of formula pricing
Brorsen, Wade; Fain, James R.; Maples, Joshua G. - In: Journal of agricultural & food industrial organization 16 (2018) 1, pp. 1-11
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011862343
Saved in:
Cover Image
Multi-unit common value auctions: a laboratory experiment with three sealed-bid mechanisms
Ahlberg, Joakim - CTS - Centre for Transport Studies Stockholm (KTH and VTI) - 2012
This study addresses a discrete common value environment with independent (one-dimensional) private signals, where the seller offers two identical units and the buyers have (flat) demand for both. Each session is conducted with 2, 3 or 4 buyers. Three auction formats are used: the...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010765664
Saved in:
Cover Image
Multi-unit common value auctions: an experimental comparison between the static and the dynamic uniform auction
Ahlberg, Joakim - CTS - Centre for Transport Studies Stockholm (KTH and VTI) - 2012
It is still an open question whether the dynamic or the static format should be used in multi-unit settings, in a uniform price auction. The present study conducts an economic experiment in a common value environment, where it is found that it is more a question of whether the auctioneer wants...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010765673
Saved in:
Cover Image
Second-price common value auctions with uncertainty, private and public information : experimental evidence
Brocas, Isabelle; Carrillo, Juan D.; Castro, Manuel - In: Journal of behavioral and experimental economics 67 (2017), pp. 28-40
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011825023
Saved in:
Cover Image
The winner's curse under behavioral institutions
Chlaß, Nadine - 2011
Empirically, social dilemma under information asymmetry are often much less pronounced than theory predicts. Traders experience a winner's curse and maintain efficiency enhancing exchange of commodities when theory predicts none. Especially under competition, cursed parties undergo severe losses...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010281633
Saved in:
Cover Image
The nature of information and its effect on bidding behavior: laboratory evidence in a common value auction
Brocas, Isabelle; Carrillo, Juan D.; Castro, Manuel - Lusk Center for Real Estate, Marshall School of Business - 2011
We study in the laboratory a series of first price sealed bid auctions of a common value good. Bidders face three types of information: private information, public information and common uncertainty. Auctions are characterized by the relative sizeof these three information elements. According to...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011252826
Saved in:
Cover Image
Perceiving prospects properly
Steiner, Jakub; Stewart, Colin - In: The American economic review 106 (2016) 7, pp. 1601-1631
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011538084
Saved in:
Cover Image
Supply function competition, private information, and market power : a laboratory study
Bayona, Anna; Brandts, Jordi; Vives, Xavier - 2016
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011524494
Saved in:
Cover Image
Supply function competition, private information, and market power : a laboratory study
Bayona, Anna; Brandts, Jordi; Vives, Xavier - 2016
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011606987
Saved in:
Cover Image
Bidding in common value fair division games: The winner's curse or even worse?
Becker, Alice; Brünner, Tobias - 2009
A unique indivisible commodity with an unknown common value is owned by group of individuals and should be allocated to one of them while compensating the others monetarily. We study the so-called fair division game (Güth, Ivanova-Stenzel, Königstein, and Strobel (2002, 2005)) theoretically...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010267099
Saved in:
Cover Image
The illusory economic gains from hosting the Olympics & World Cup
Zimbalist, Andrew S. - In: World economics : a journal of current economic … 16 (2015) 1
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011306358
Saved in:
Cover Image
Share auctions of initial public offerings : global evidence
Jagannathan, Ravi; Jirnyi, Andrei; Sherman, Ann Guenther - In: Journal of financial intermediation 24 (2015) 3, pp. 283-311
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011389063
Saved in:
Cover Image
A delegation-based theory of expertise ; [1]
Ambrus, Attila; Baranovskyi, Volodymyr; Kolb, Aaron - 2015
We investigate information aggregation and competition in a delegationframework. An uninformed principal is unable to perform a task herself andmust choose between one of two biased and imperfectly informed experts. Inthe focal equilibrium, experts exaggerate their biases, anticipating...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011458111
Saved in:
Cover Image
A delegation-based theory of expertise
Ambrus, Attila; Baranovskyi, Volodymyr; Kolb, Aaron - 2015
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011458122
Saved in:
Cover Image
Second-price common value auctions with uncertainty, private and public information : experimental evidence
Brocas, Isabelle; Carrillo, Juan D.; Castro, Manuel - 2015
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010495473
Saved in:
Cover Image
The more the merrier? Number of bidders, information dispersion, renegotiation and winner’s curse in toll road concessions
Athias, Laure; Nunez, Antonio - Volkswirtschaftliche Fakultät, … - 2008
We empirically assess the winner’s curse effect in auctions for toll road concessions. First, we investigate the overall winner’s curse effects on bidding behaviour. Second, we account for differing levels of common-value components. Third, we investigate whether the possibility of...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10005059108
Saved in:
Cover Image
Common-value auction versus posted-price selling: an agent-based model approach
Boyer, Christopher; Brorsen, B.; Zhang, Tong - In: Journal of Economic Interaction and Coordination 9 (2014) 1, pp. 129-149
Previous theoretical work has compared a private-value auction and posted-price market, and an affiliated-value auction and a posted-price market to determine the selling method preferred by sellers. Much less, however, is known about the seller’s preferred selling method when the buyers have...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010759789
Saved in:
Cover Image
Implications of a Reserve Price in an Agent-Based Common-Value Auction
Boyer, Christopher; Brorsen, B. - In: Computational Economics 43 (2014) 1, pp. 33-51
Auction sellers can use a reserve price to require a minimum bid before items are sold. Theoretical and experimental research has tested the influence of a reserve price in an independent private values auction, but little focus has been given to the influence of a reserve price in a first-price...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010866856
Saved in:
Cover Image
Implications of a reserve price in an agent-based common-value auction
Boyer, Christopher N.; Brorsen, Wade - In: Computational economics 43 (2014) 1, pp. 33-51
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010249734
Saved in:
Cover Image
The winner's curse in sports economics
Andreff, Wladimir - In: Contemporary research in sports economics : proceedings …, (pp. 177-205). 2014
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010425672
Saved in:
Cover Image
Wohin soll die öffentliche Auftragsvergabe im Dritten Sektor steuern?
Blankart, Charles B. - In: Der Dritte Sektor als Infrastrukturakteur, (pp. 85-107). 2014
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010426555
Saved in:
Cover Image
Perceiving prospects properly
Steiner, Jakub; Stewart, Colin - 2014
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010408992
Saved in:
Cover Image
Common-value auction versus posted-price selling : an agent-based model approach
Boyer, Christopher N.; Brorsen, Wade; Zhang, Tong - In: Journal of economic interaction and coordination : JEIC 9 (2014) 1, pp. 129-149
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010345587
Saved in:
Cover Image
Outsourcing competition and information sharing with asymmetrically informed suppliers
Zhao, Xia; Xue, Ling; Zhang, Fuqiang - In: Production and operations management : an international … 23 (2014) 10, pp. 1706-1718
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010464949
Saved in:
Cover Image
Competition on Common Value Markets with Naive Traders - A Theoretical and Experimental Analysis
Chlaß, Nadine; Güth, Werner - Wirtschaftswissenschaftliche Fakultät, … - 2007
Theoretically and experimentally, we generalize the analysis of acquiring a company (Samuelson and Bazerman 1985) by allowing for competition of both, buyers and sellers. Naivety of both is related to the idea that higher prices exclude worse qualities. While competition of naive buyers...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10005090603
Saved in:
Cover Image
Learning differences in mixed common value auctions
GOERTZ, Johanna M.M. - Center for Operations Research and Econometrics (CORE), … - 2007
I examine the behavior of subjects in common value auctions with both experienced and inexperienced bidders in the same market. Subjects know that they are competing against both experienced and inexperienced subjects and can observe bidding behavior of their opponents after an auction round....
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10005065347
Saved in:
Cover Image
Optimal concession of water services under common value
Salanié, François; Bontems, Philippe; Aubert, Cécile - Université Paris-Dauphine (Paris IX) - 2006
When an incumbent firm is in charge of a distribution network, it accumulates information on the state of the network. This `common value' information creates a winner's curse during auctions for renewing the concession. The municipality contracting out the provision of the service trades off...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010708683
Saved in:
Cover Image
Changes in beef packers' market power after the Livestock Mandatory Price Reporting Act : an agent-based auction
Boyer, Christopher N.; Brorsen, Wade - In: American journal of agricultural economics 95 (2013) 4, pp. 859-876
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010203448
Saved in:
Cover Image
Optimal Privatization Using Qualifying Auctions
Boone, Jan; Goeree, Jacob K. - 2005
This paper explores the use of auctions for privatizing public assets. In our model, a single insider bidder (e.g., incumbent management of a government-owned firm) possesses information about the asset's risky value. In addition, bidders are privately informed about their costs of exploiting...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014063850
Saved in:
Cover Image
Competitive target advertising and consumer data sharing
Zhao, Xia; Xue, Ling - In: Journal of management information systems : JMIS 29 (2012/13) 3, pp. 189-222
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10009740981
Saved in:
Cover Image
TWO ESSAYS ON BIDDING IN MULTI-UNIT COMMON VALUE AUCTIONS
Shao, Minjie - 2011
This dissertation consists of two essays on the topic of bidding in multi-unit common value auction. Essay one examines the role of capacity constraint on the auction results and bidding behavior. We consider a general case where bidders are unconstrained, and a second setting where bidders are...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10009431061
Saved in:
Cover Image
The Winner's Curse under Behavioral Institutions
Chalß, Nadine - Wirtschaftswissenschaftliche Fakultät, … - 2011
Empirically, social dilemma under information asymmetry are often much less pronounced than theory predicts. Traders experience a winner's curse and maintain efficiency enhancing exchange of commodities when theory predicts none. Especially under competition, cursed parties undergo severe losses...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10008853043
Saved in:
Cover Image
The nature of information and its effect on bidding behavior: laboratory evidence in a common value auction
Brocas, Isabelle; Carrillo, Juan D; Castro, Manuel - C.E.P.R. Discussion Papers - 2010
We study in the laboratory a series of first price sealed bid auctions of a common value good. Bidders face three types of information: private information, public information and common uncertainty. Auctions are characterized by the relative size of these three information components. According...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10008468529
Saved in:
Cover Image
Bidding in common value fair division games: The winner's curse or even worse?
Becker, Alice; Brünner, Tobias - Wirtschaftswissenschaftliche Fakultät, … - 2009
A unique indivisible commodity with an unknown common value is owned by group of individuals and should be allocated to one of them while compensating the others monetarily. We study the so-called fair division game (Güth, Ivanova-Stenzel, Königstein, and Strobel (2002, 2005)) theoretically...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10008509218
Saved in:
  • 1
  • 2
  • Next
  • Last
A service of the
zbw
  • Sitemap
  • Plain language
  • Accessibility
  • Contact us
  • Imprint
  • Privacy

Loading...