From the Back Cover
"This book shows that the kind of winner's curse at issue is pervasive across various types of auctions and is not eliminated by experience or even by using expert bidders. One of its main contributions is the specification of naive bidding models that explain patterns of deviations from (Nash) theoretical predictions. The ex post perspectives about how to improve experimental designs and procedures for dealing with bankruptcies were particularly interesting."--Charles A. Holt, University of Virginia
"I know of no book that offers such a comprehensive treatment of theory and experiments in common value auctions. The papers it brings together represent very significant contributions to both auction theory and auction behavior and are of the highest quality."--Douglas Davis, Virginia Commonwealth University
" About the Author
John H. Kagel is University Chaired Professor of Economics at Ohio State University. A leading economic theorist, he is coeditor of, and a contributor to, "The Handbook of Experimental Economics" (Princeton). Dan Levin is Professor of Economics and Joan Huber Fellow at Ohio State University. He has published numerous articles on competitive bidding and industrial organization in leading economic journals.
John Henry Kagel Common Value Auctions and the Win
- Typ Okładki: Twarda oprawa
- Wydawnictwo: Princeton University Press
- Autor: John Henry Kagel,Dan Levin
- Język książki: Angielski
- Rozmiar: 15.6 x 2.7 x 23.4 cm
- Ilość stron: 420
- Data premiery: 2002-07-01
TERMIN WYSYŁKI 7-10 DNI ROBOCZYCH
John Henry Kagel Common Value Auctions and the Winner's Curse - kliknij po więcej informacji