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Volumn 42, Issue 3-5, 1998, Pages 757-769

Auctions with almost common values: The 'Wallet Game' and its applications

Author keywords

Airwaves auction; Auction theory; Common values; Corporate acquisitions; Mergers; PCS auction; Spectrum auction; Takeovers; Winner's curse

Indexed keywords


EID: 0001416324     PISSN: 00142921     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0014-2921(97)00123-2     Document Type: Article
Times cited : (194)

References (20)
  • 1
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    • Second-price auctions with asymmetric payoffs: An experimental investigation
    • Avery, C., Kagel, J.H., 1997. Second-price auctions with asymmetric payoffs: an experimental investigation. Journal of Economics and Management Strategy 6, 573-603.
    • (1997) Journal of Economics and Management Strategy , vol.6 , pp. 573-603
    • Avery, C.1    Kagel, J.H.2
  • 3
    • 38249029171 scopus 로고
    • Reputation in repeated second-price auctions
    • Bikhchandani, S., 1988. Reputation in repeated second-price auctions. Journal of Economic Theory 46, 97-119.
    • (1988) Journal of Economic Theory , vol.46 , pp. 97-119
    • Bikhchandani, S.1
  • 5
    • 1542637776 scopus 로고    scopus 로고
    • Toeholds and takeovers
    • Nuffield College, Oxford University
    • Bulow, J., Huang, M., Klemperer, P., 1997. Toeholds and takeovers. Discussion Paper, Nuffield College, Oxford University.
    • (1997) Discussion Paper
    • Bulow, J.1    Huang, M.2    Klemperer, P.3
  • 8
    • 84993907793 scopus 로고
    • Initial shareholdings and overbidding in takeover contests
    • Burkart, M., 1995. Initial shareholdings and overbidding in takeover contests. Journal of Finance 50, 1491-1515.
    • (1995) Journal of Finance , vol.50 , pp. 1491-1515
    • Burkart, M.1
  • 10
  • 11
    • 34547188092 scopus 로고
    • Auctions with price-proportional benefits to bidders
    • Englebrecht-Wiggans, R., 1994. Auctions with price-proportional benefits to bidders. Games and Economic Behavior 6, 339-346.
    • (1994) Games and Economic Behavior , vol.6 , pp. 339-346
    • Englebrecht-Wiggans, R.1
  • 15
    • 0001757116 scopus 로고
    • Rational expectations, information acquistion, and competitive bidding
    • Milgrom, P.R., 1981. Rational expectations, information acquistion, and competitive bidding. Econometrica 49, 921-943.
    • (1981) Econometrica , vol.49 , pp. 921-943
    • Milgrom, P.R.1
  • 17
    • 0001757115 scopus 로고
    • A theory of auctions and competitive bidding
    • September
    • Milgrom, P.R., Weber, R.J., 1982. A theory of auctions and competitive bidding. Econometrica 50 (5), 1089-1122 September.
    • (1982) Econometrica , vol.50 , Issue.5 , pp. 1089-1122
    • Milgrom, P.R.1    Weber, R.J.2
  • 19
    • 0028113696 scopus 로고
    • Efficiency of on-the-job training
    • Stevens, M., 1994. Efficiency of on-the-job training. Economic Journal 104, 408-419.
    • (1994) Economic Journal , vol.104 , pp. 408-419
    • Stevens, M.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.