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Out‐Of‐Equilibrium Bids in First‐Price Auctions: Wrong Expectations or Wrong Bids

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  • Oliver Kirchkamp
  • J. Philipp Reiß

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File URL: http://hdl.handle.net/10.1111/j.1468-0297.2011.02455.x
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Bibliographic Info

Article provided by Royal Economic Society in its journal The Economic Journal.

Volume (Year): 121 (2011)
Issue (Month): 557 (December)
Pages: 1361-1397

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Handle: RePEc:ecj:econjl:v:121:y:2011:i:557:p:1361-1397

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Cited by:
  1. Reiss, J. Philipp & Levin, Dan, 2013. "Could we overcome the Winner's Curse by (behavioral) auction design?," Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79926, Verein für Socialpolitik / German Economic Association.
  2. Tibor Neugebauer & Sascha Fllbrunn, 2013. "Varying the number of bidders in the first-price sealed-bid auction: experimental evidence for the one-shot game," LSF Research Working Paper Series 13-10, Luxembourg School of Finance, University of Luxembourg.
  3. Neri, Claudia, 2012. "Eliciting Beliefs in Continuous-Choice Games: A Double Auction Experiment," Economics Working Paper Series 1207, University of St. Gallen, School of Economics and Political Science, revised Dec 2012.
  4. Sascha Füllbrunn & Tibor Neugebauer, 2013. "Varying the number of bidders in the first-price sealed-bid auction: experimental evidence for the one-shot game," Theory and Decision, Springer, vol. 75(3), pages 421-447, September.

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