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Industry concentration in common value auctions: theory and evidence

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Author Info
Vlad Mares ()
Mikhael Shor ()

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Abstract

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File URL: http://hdl.handle.net/10.1007/s00199-007-0223-x
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Publisher Info
Article provided by Springer in its journal Economic Theory.

Volume (Year): 35 (2008)
Issue (Month): 1 (April)
Pages: 37-56
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Handle: RePEc:spr:joecth:v:35:y:2008:i:1:p:37-56

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Related research
Keywords: Common value auctions; Information; Joint bidding; Industry concentration; D44; L41; C92;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Boyan Jovanovic & Peter L. Rousseau, 2002. "The Q-Theory of Mergers," American Economic Review, American Economic Association, vol. 92(2), pages 198-204, May. [Downloadable!]
    Other versions:
  2. Hong, Han & Shum, Matthew, 2002. "Increasing Competition and the Winner's Curse: Evidence from Procurement," Review of Economic Studies, Blackwell Publishing, vol. 69(4), pages 871-98, October.
    Other versions:
  3. Hendricks, Kenneth & Porter, Robert H, 1992. "Joint Bidding in Federal OCS Auctions," American Economic Review, American Economic Association, vol. 82(2), pages 506-11, May. [Downloadable!] (restricted)
  4. K. Goeree & Theo Offerman, 2002. "Efficiency in Auctions with Private and Common Values: An Experimental Study," American Economic Review, American Economic Association, vol. 92(3), pages 625-643, June. [Downloadable!]
    Other versions:
  5. Harford, Jarrad, 2005. "What drives merger waves?," Journal of Financial Economics, Elsevier, vol. 77(3), pages 529-560, September. [Downloadable!] (restricted)
  6. Mark Bagnoli & Ted Bergstrom, 2005. "Log-concave probability and its applications," Economic Theory, Springer, vol. 26(2), pages 445-469, 08. [Downloadable!] (restricted)
    Other versions:
  7. Sandro Brusco & Giuseppe Lopomo & David T. Robinson & S. Viswanathan, 2007. "Efficient Mechanisms For Mergers And Acquisitions," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 48(3), pages 995-1035, 08. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Gino Loyola, 2008. "On bidding markets: the role of competition," Economics Working Papers we083318, Universidad Carlos III, Departamento de Economía. [Downloadable!]
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This page was last updated on 2009-11-25.


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