The winner's curse and public information in common value auctions: Comment

American Economic Review

Volumn 89, Issue 1, 1999, Pages 319-324

  Cox, James C ^a   Dinkin, Samuel H ^b   Smith, Vernon L ^a  

^a UNIVERSITY OF ARIZONA   (United States)

^b Law and Economics Consulting Group   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0345928324     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: 10.1257/aer.89.1.319     Document Type: Note

References (8)

1. Cox, James C.; Dinkin, Samuel H. and Smith, Vernon L. "Endogenous Entry and Exit in Common Value Auctions." Working paper, University of Arizona, 1996.
2. Cox, James C. and Hayne, Stephen C. "Group vs. Individual Decision-making in Strategic Market Games." Working paper, University of Arizona, 1998.
3. Kagel, John H. "Auctions: A Survey of Experimental Research," in John H. Kagel and Alvin E. Roth, eds., Handbook of experimental economics. Princeton, NJ: Princeton University Press, 1995, pp. 501-85.
4. Kagel, John H. and Levin, Dan. "The Winner's Curse and Public Information in Common Value Auctions." American Economic Review, December 1986, 76(5), pp. 894-920.
5. -. "Common Value Auctions with Asymmetric Information." Discussion paper, Ohio State University, May 1996.
6. Kagel, John H.; Levin, Dan and Harstad, Ronald M. "Comparative Static Effects of Number of Bidders and Public Information on Behavior in Second-Price Common Value Auctions." International Journal of Game Theory, 1995, 24(3), pp. 293-319.
7. Levin, Dan; Kagel, John H. and Richard, Jean-Francois. "Revenue Effects and Information Processing in English Common Value Auctions." American Economic Review, June 1996, 86(3), pp. 442-60. (Pubitemid 126417086)
8. Milgrom, Paul R. and Weber, Robert J. "A Theory of Auctions and Competitive Bidding." Econometrica, September 1982, 50(5), pp. 1089-122.