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Volumn 65, Issue 6, 1997, Pages 1247-1281

The loser's curse and information aggregation in common value auctions

Author keywords

Common value auctions; Information aggregation

Indexed keywords


EID: 0000369606     PISSN: 00129682     EISSN: None     Source Type: Journal    
DOI: 10.2307/2171736     Document Type: Article
Times cited : (121)

References (14)
  • 2
    • 0001463389 scopus 로고
    • Bargaining and Competition Part I: Characterization
    • GALE, DOUGLAS (1986): "Bargaining and Competition Part I: Characterization," Econometrica, 54, 785-806.
    • (1986) Econometrica , vol.54 , pp. 785-806
    • Gale, D.1
  • 3
    • 38249043748 scopus 로고
    • Symmetric Bidding in Second-Price, Common Value Auctions
    • HARSTAD, RONALD M., AND DAN LEVIN (1986): "Symmetric Bidding in Second-Price, Common Value Auctions," Economics Letters, 20, 315-319.
    • (1986) Economics Letters , vol.20 , pp. 315-319
    • Harstad, R.M.1    Levin, D.A.N.2
  • 4
    • 0000451226 scopus 로고
    • A Convergence Theorem for Competitive Bidding with Differential Information
    • MILGROM, PAUL R. (1979): "A Convergence Theorem for Competitive Bidding with Differential Information," Econometrica, 47, 670-688.
    • (1979) Econometrica , vol.47 , pp. 670-688
    • Milgrom, P.R.1
  • 5
    • 0001757116 scopus 로고
    • Rational Expectations, Information Acquisition, and Competitive Bidding
    • _ (1981): "Rational Expectations, Information Acquisition, and Competitive Bidding," Econometrica, 49, 921-943.
    • (1981) Econometrica , vol.49 , pp. 921-943
  • 6
    • 0001757115 scopus 로고
    • A Theory of Auctions and Competitive Bidding
    • MILGROM, PAUL R., AND ROBERT J. WEBER (1982): "A Theory of Auctions and Competitive Bidding," Econometrica, 50, 1089-1122.
    • (1982) Econometrica , vol.50 , pp. 1089-1122
    • Milgrom, P.R.1    Weber, R.J.2
  • 7
    • 0022162275 scopus 로고
    • Distributional Strategies for Games with Incomplete Information
    • _ (1985): "Distributional Strategies for Games with Incomplete Information," Mathematics of Operations Research, 10, 619-632.
    • (1985) Mathematics of Operations Research , vol.10 , pp. 619-632
  • 8
    • 0002588344 scopus 로고
    • Uncertainty Resolution, Private Information Aggregation and the Cournot Competitive Limit
    • PALFREY, THOMAS R. (1985): "Uncertainty Resolution, Private Information Aggregation and the Cournot Competitive Limit," Review of Economic Studies, 52, 69-83.
    • (1985) Review of Economic Studies , vol.52 , pp. 69-83
    • Palfrey, T.R.1
  • 11
    • 84959793812 scopus 로고
    • Decentralized Trading, Strategic Behavior and the Walrasian Outcome
    • RUBINSTEIN, ARIEL, AND ASHER WOLINSKY (1990): "Decentralized Trading, Strategic Behavior and the Walrasian Outcome," Review of Economic Studies, 57, 63-78.
    • (1990) Review of Economic Studies , vol.57 , pp. 63-78
    • Rubinstein, A.1    Wolinsky, A.2
  • 13
    • 84925910020 scopus 로고
    • A Bidding Model of Perfect Competition
    • WILSON, ROBERT (1977): "A Bidding Model of Perfect Competition," Review of Economic Studies, 44, 511-518.
    • (1977) Review of Economic Studies , vol.44 , pp. 511-518
    • Wilson, R.1
  • 14
    • 0009124331 scopus 로고
    • Uniform Conditional Stochastic Order
    • WITT, WARD (1980): "Uniform Conditional Stochastic Order," Journal of Applied Probability, 17, 112-123.
    • (1980) Journal of Applied Probability , vol.17 , pp. 112-123
    • Witt, W.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.