메뉴 건너뛰기




Volumn 47, Issue 1, 2006, Pages 203-231

Demand reduction in multi-unit auctions with varying numbers of bidders: Theory and evidence from a field experiment

Author keywords

[No Author keywords available]

Indexed keywords


EID: 33645117025     PISSN: 00206598     EISSN: 14682354     Source Type: Journal    
DOI: 10.1111/j.1468-2354.2006.00377.x     Document Type: Article
Times cited : (48)

References (22)
  • 1
    • 0003692456 scopus 로고    scopus 로고
    • An efficient ascending-bid auction for multiple objects
    • AUSUBEL, L. M., "An Efficient Ascending-Bid Auction for Multiple Objects," American Economic Review (2002).
    • (2002) American Economic Review
    • Ausubel, L.M.1
  • 2
    • 0003489924 scopus 로고    scopus 로고
    • Demand reduction and inefficiency in multi-unit auctions
    • University of Maryland
    • _, AND P. C. CRAMTON, "Demand Reduction and Inefficiency in Multi-Unit Auctions," Working Paper, University of Maryland, 2002.
    • (2002) Working Paper
    • Cramton, P.C.1
  • 3
    • 85005315135 scopus 로고
    • On economists' belief in the law of small numbers
    • BUSCHE, K., AND P. KENNEDY, "On Economists' Belief in the Law of Small Numbers," Economic Inquiry 22 (1984), 602-03.
    • (1984) Economic Inquiry , vol.22 , pp. 602-603
    • Busche, K.1    Kennedy, A.P.2
  • 4
    • 33746824180 scopus 로고    scopus 로고
    • Multi-unit auctions with synergy
    • CHAKRABORTY, I., "Multi-Unit Auctions with Synergy," Economics Bulletin 4 (2004), 1-14.
    • (2004) Economics Bulletin , vol.4 , pp. 1-14
    • Chakraborty, I.1
  • 5
    • 33645131750 scopus 로고    scopus 로고
    • Truthful bidding in multi-unit uniform price auctions
    • University of Illinois
    • _, AND R. ENGELBRECHT-WIGGANS, "Truthful Bidding in Multi-Unit Uniform Price Auctions," Working Paper, University of Illinois, 2003.
    • (2003) Working Paper
    • Engelbrecht-Wiggans, R.1
  • 6
    • 33751066905 scopus 로고
    • Aggregation of test statistics: An evaluation of the evidence on contracting and size hypothesis
    • CHRISTIE, A. A., "Aggregation of Test Statistics: An Evaluation of the Evidence on Contracting and Size Hypothesis," Journal of Accounting and Economics 12 (1990), 15-36.
    • (1990) Journal of Accounting and Economics , vol.12 , pp. 15-36
    • Christie, A.A.1
  • 7
    • 34250446073 scopus 로고
    • Multipart pricing of public goods
    • CLARKE, E. H., "Multipart Pricing of Public Goods," Public Choice 11 (1971), 19-33.
    • (1971) Public Choice , vol.11 , pp. 19-33
    • Clarke, E.H.1
  • 8
    • 0043099894 scopus 로고    scopus 로고
    • An example of multi-unit auctions with atypically many equilibria
    • ENGELBRECHT-WIGGANS, R., "An Example of Multi-Unit Auctions with Atypically Many Equilibria," Economics Letters 65 (1999), 67-69.
    • (1999) Economics Letters , vol.65 , pp. 67-69
    • Engelbrecht-Wiggans, R.1
  • 9
    • 0032220548 scopus 로고    scopus 로고
    • Multi-unit auctions with uniform prices
    • _, AND C. M. KAHN, "Multi-Unit Auctions with Uniform Prices," Economic Theory 12 (1998), 227-58.
    • (1998) Economic Theory , vol.12 , pp. 227-258
    • Kahn, C.M.1
  • 10
    • 16244421784 scopus 로고    scopus 로고
    • Bidding behavior in mult-unit auctions - An experimental investigation and some theoretical insights
    • CERGE-EI
    • ENGELMANN, D., AND V. GRIMM, "Bidding Behavior in Mult-Unit Auctions - An Experimental Investigation and Some Theoretical Insights," Working Paper, CERGE-EI, 2003.
    • (2003) Working Paper
    • Engelmann, D.1    Grimm, A.V.2
  • 11
    • 0001314984 scopus 로고
    • Incentives in teams
    • GROVES, T., "Incentives in Teams," Econometrica 41 (1973), 617-31.
    • (1973) Econometrica , vol.41 , pp. 617-631
    • Groves, T.1
  • 12
    • 0000656084 scopus 로고    scopus 로고
    • Behavior in multi-unit demand auctions: Experiments with uniform price and dynamic vickrey auctions
    • KAGEL, I H., AND D. LEVIN, "Behavior in Multi-Unit Demand Auctions: Experiments with Uniform Price and Dynamic Vickrey Auctions," Econometrica 69 (2001), 413-54.
    • (2001) Econometrica , vol.69 , pp. 413-454
    • Kagel, I.H.1    Levin, A.D.2
  • 13
    • 33645128217 scopus 로고    scopus 로고
    • Asymptotic properties of equilibria in the discriminatory and uniform price auction
    • , Kennesaw State University
    • KATZMAN, B., "Asymptotic Properties of Equilibria in the Discriminatory and Uniform Price Auction," Working Paper, Kennesaw State University, 2004.
    • (2004) Working Paper
    • Katzman, B.1
  • 14
    • 33645119976 scopus 로고    scopus 로고
    • Demand reduction in multi-unit auctions: Comment
    • forthcoming
    • LEVIN, D., "Demand Reduction in Multi-Unit Auctions: Comment," American Economic Review (forthcoming).
    • American Economic Review
    • Levin, D.1
  • 15
    • 0001697397 scopus 로고    scopus 로고
    • Demand reduction in multi-unit auctions: Evidence from a sportscard field experiment
    • LIST, J. A., AND D. LUCKING-REILEY, "Demand Reduction in Multi-Unit Auctions: Evidence from a Sportscard Field Experiment," American Economic Review 90 (2000), 961-72.
    • (2000) American Economic Review , vol.90 , pp. 961-972
    • List, J.A.1    Lucking-Reiley, A.D.2
  • 16
    • 33645112386 scopus 로고    scopus 로고
    • Recombinant estimation for normal-form games, with applications to auctions and bargaining
    • MULLIN, C. H., AND D. H. REILEY, "Recombinant Estimation for Normal-Form Games, with Applications to Auctions and Bargaining," Games and Economic Behavior, 2005.
    • (2005) Games and Economic Behavior
    • Mullin, C.H.1    Reiley, A.D.H.2
  • 17
    • 0003524139 scopus 로고    scopus 로고
    • Fewer bidders can increase price in first-price auctions with affiliated private values
    • University of British Columbia
    • PINSKE, J., AND G. TAN, "Fewer Bidders Can Increase Price in First-Price Auctions with Affiliated Private Values," Working Paper, University of British Columbia, 2000.
    • (2000) Working Paper
    • Pinske, J.1    Tan, A.G.2
  • 18
    • 33645117418 scopus 로고    scopus 로고
    • An experimental examination of demand reduction in multi-unit versions of sealed bid and english auctions
    • PORTER, D., AND R. VRAGOV, "An Experimental Examination of Demand Reduction in Multi-Unit Versions of Sealed Bid and English Auctions," Managerial and Decision Economics, 2004.
    • (2004) Managerial and Decision Economics
    • Porter, D.1    Vragov, A.R.2
  • 19
    • 0002476903 scopus 로고    scopus 로고
    • Efficiency of large private value auctions
    • SWINKELS, J., "Efficiency of Large Private Value Auctions," Econometrica 69 (2001), 37-68.
    • (2001) Econometrica , vol.69 , pp. 37-68
    • Swinkels, J.1
  • 20
    • 84980096808 scopus 로고
    • Counterspeculation, auctions, and competitive sealed tenders
    • VICKREY, W., "Counterspeculation, Auctions, and Competitive Sealed Tenders," Journal of Finance 16 (1961), 8-37.
    • (1961) Journal of Finance , vol.16 , pp. 8-37
    • Vickrey, W.1
  • 21
    • 0009096778 scopus 로고
    • Auction and bidding games
    • Morgenstern and A. Tucker, eds. Princeton: Princeton University Press
    • _, "Auction and Bidding Games," in Morgenstern and A. Tucker, eds., Recent Advances in Game Theory (Princeton: Princeton University Press, 1962), 15-27.
    • (1962) Recent Advances in Game Theory , pp. 15-27
  • 22
    • 0032286785 scopus 로고    scopus 로고
    • Strategic bidding in a multi-unit auction: An empirical analysis of bids to supply electricity in england and wales
    • WOLFRAM, C. D., "Strategic Bidding in a Multi-Unit Auction: An Empirical Analysis of Bids to Supply Electricity in England and Wales," RAND Journal of Economics 29 (1998), 703-25.
    • (1998) RAND Journal of Economics , vol.29 , pp. 703-725
    • Wolfram, C.D.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.