Search Results - subject:"Common-value"

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A comment on the common-probability auction puzzle (2023)

Eissa, Yasmine; Rosmer, Paul; Yap, Luther - 2023

contrast to the substantial overbidding found in common-value auctions, bidding in strategically equivalent common …

Persistent link: https://www.econbiz.de/10014371860

Negative results in science : blessing or (winner's) curse?

Bobtcheff, Catherine; Levy, Raphaël; Mariotti, Thomas - 2022

Persistent link: https://www.econbiz.de/10012813812

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/10014528127

Bidding in Common‐Value Auctions With an Unknown Number of Competitors

Lauermann, Stephan; Speit, Andre - In: Econometrica 91 (2023) 2, pp. 493-527

This paper studies a first‐price common‐value auction in which bidders do not know the number of their competitors. In … contrast to the case of common‐value auctions with a known number of rival bidders, the inference from winning is not monotone …

Persistent link: https://www.econbiz.de/10014503402