Search Results - subject:"Winner's curse"

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/10014228926

The winner's curse in dynamic forecasting of auction data : empirical evidence from eBay

Haruvy, Ernan; Nia, Meisam Hejazi; Özer, Özalp; … - In: Manufacturing & service operations management : M & SOM 25 (2023) 3, pp. 1155-1175

Persistent link: https://www.econbiz.de/10014302862

Inference on winners

Andrews, Isaiah; Kitagawa, Toru; McCloskey, Adam - 2020

on historical data. Such settings give rise to a winner's curse, where conventional estimates are biased and conventional … valid conditional on the target selected and so overcome this winner's curse. If one requires validity only on average over …

Persistent link: https://www.econbiz.de/10012621120

The winner's curse on art markets

Kräussl, Roman; Mirgorodskaya, Elizaveta - 2020

We investigate the effect of overreaction in the fine art market. Using a unique sample of auction prices of modern prints, we define an overvalued (undervalued) print as a print that was bought for a price above (below) its high (low) auction pricing estimate. Based on the overreaction...

Persistent link: https://www.econbiz.de/10012520357