Narrow search
Showing 1 - 10 of 2,719
Cover Image
Informational Advantage in US Treasury Auctions
Tchuindjo, Leonard - 2019
We extend Wilson (1979) share auction framework to model the uniform-price US Treasury auction as a two-stage multiple … its bidding behavior in handling the risk of being short-squeezed or face the winner curse in the post-auction market …
Persistent link: https://www.econbiz.de/10012893365
Cover Image
Split-Award Procurement Auctions with Uncertain Scale Economies : Theory and Data
Anton, James J. - 2010
In a number of observed procurements, the buyer has employed an auction format that allows for a split-award outcome …-award format relative to a winner-take-all unit auction format. Model predictions are assessed with data on submitted ‘step …
Persistent link: https://www.econbiz.de/10013144802
Cover Image
Information and Competition in U.S. Forest Service Timber Auctions
Athey, Susan; Levin, Jonathan - 2013
timber auctions, the Forest Service publicly announces its estimates of the tract characteristics before the auction, and …
Persistent link: https://www.econbiz.de/10014038312
Cover Image
The price of inattention : evidence from the Swedish housing market
Repetto, Luca; Solis, Alex - 2017 - This Version: September 27, 2017
auction. This effect appears not to be driven by i) differences in observable characteristics; ii) differences in real estate …
Persistent link: https://www.econbiz.de/10011756510
Cover Image
Chapter 32 An Empirical Perspective on Auctions
Hendricks, Ken; Porter, Robert H. - In: Handbook of industrial organization : volume 3, (pp. 2073-2143). 2007
We describe the economics literature on auction markets, with an emphasis on the connection between theory, empirical …
Persistent link: https://www.econbiz.de/10014024584
Cover Image
On the Persistence of Overconfidence : Evidence from Multi-Unit Auctions
Morales-Camargo, Emmanuel - 2013
correlation between confidence prior to session two and confidence prior to session one is significantly higher than for those …
Persistent link: https://www.econbiz.de/10013090267
Cover Image
Empirical Tests of Information Aggregation
Yin, Pai-Ling - 2008
This paper proposes tests to empirically examine whether auction prices aggregate information away from the limit …
Persistent link: https://www.econbiz.de/10014063648
Cover Image
Comparing open and sealed bid auctions : theory and evidence from timber auctions
Athey, Susan; Levin, Jonathan; Seira, Enrique - 2004
Persistent link: https://www.econbiz.de/10002994053
Cover Image
Empirical Implications of Equilibrium Bidding in First-Price, Symmetric, Common Value Auctions
Hendricks, Kenneth; Pinkse, Joris; Porter, Robert H. - 2003
This paper studies federal auctions for wildcat leases on the Outer Continental Shelf from 1959 to 1970. These are leases where bidders privately acquire (at some cost) noisy, but equally informative signals about the amount of oil and gas that may be present. We develop a test of equilibrium...
Persistent link: https://www.econbiz.de/10014175755