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ArticleLearning in common value auctions: Some initial observations

Susan Garvin1994

Article1994

Learning in common value auctions: Some initial observations

Susan Garvin · John H. Kagel

120 citations·0/0 files stored·Journal of Economic Behavior & Organization

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Auction Theory and Applications Decision-Making and Behavioral Economics Experimental Behavioral Economics Studies

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References

1982A Theory of Auctions and Competitive Bidding 1993Rational Learning Leads to Nash Equilibrium 1971Competitive Bidding in High-Risk Situations 1977A Bidding Model of Perfect Competition 1999The Winner's Curse and Public Information in Common Value Auctions: Reply 2013Research in experimental economics 1991Negative Time Preference 20093 The Winner’s Curse and Public Information in Common Value Auctions

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2006Electronic reverse auction configuration and its impact on buyer price and supplier perceptions of opportunism: A laboratory experiment 20096 Revenue Effects and Information Processing in English Common Value Auctions 1999Common Value Auctions with Insider Information 2001Rationality in Economics 2009Experimental Comparison of Multi-Stage and One-Stage Contests 2001Super-Experienced Bidders in First-Price Common-Value Auctions: Rules of Thumb, NASH Equilibrium Bidding, and the Winner's Curse

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1988Laboratory Experimentation in Economics: A Methodological Overviewarticle · 5 shared references 2007Rationality in Economics: Constructivist and Ecological Formsarticle · 5 shared references 2009Common Value Auctions and the Winner's Cursebook · 5 shared references 1992Chapter 8 Strategic analysis of auctionschapter · 5 shared references 1996AUCTIONS: AN INTRODUCTIONarticle · 4 shared references 1989BUBBLES AND FADS IN ASSET PRICESarticle · 4 shared references

Details

Year1994

Typearticle

Published1994-12-01

VenueJournal of Economic Behavior & Organization

ISSN-L0167-2681

Languageen

Citations120

Files0 public / 0

ShelfAuction Theory and Applications

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doi10.1016/0167-2681(94)90105-8

openalex_workW1968250830

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2008The value of victory: social origins of the winner’s curse in common value auctions

1997Second‐Price Auctions with Asymmetric Payoffs: An Experimental Investigation