Industry concentration in common value auctions: theory and evidence
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DOI: 10.1007/s00199-007-0223-x
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Citations
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Cited by:
- Brocas, Isabelle & Carrillo, Juan D. & Castro, Manuel, 2017.
"Second-price common value auctions with uncertainty, private and public information: Experimental evidence,"
Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 67(C), pages 28-40.
- Carrillo, Juan & Brocas, Isabelle & Castro, Manuel, 2015. "Second-price common value auctions with uncertainty, private and public information: experimental evidence," CEPR Discussion Papers 10377, C.E.P.R. Discussion Papers.
- Forges, Françoise & Orzach, Ram, 2011.
"Core-stable rings in second price auctions with common values,"
Journal of Mathematical Economics, Elsevier, vol. 47(6), pages 760-767.
- Forges, Francoise & Orzach, Ram, 2010. "Core-stable Rings in Second Price Auctions with Common Values," Sustainable Development Papers 96668, Fondazione Eni Enrico Mattei (FEEM).
- Francoise Forges & Ram Orzach, 2011. "Core-stable rings in second price auctions with common values," Post-Print hal-00659016, HAL.
- Françoise Forges & Ram Orzach, 2010. "Core-stable Rings in Second Price Auctions with Common Values," Working Papers 2010.119, Fondazione Eni Enrico Mattei.
- Loyola, Gino, 2008. "On bidding markets: the role of competition," UC3M Working papers. Economics we083318, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Vlad Mares & Mikhael Shor, 2013.
"Information concentration in common value environments,"
Review of Economic Design, Springer;Society for Economic Design, vol. 17(3), pages 183-203, September.
- Vlad Mares & Mikhael Shor, 2008. "Information Concentration in Common Value Environments," Working papers 2012-23, University of Connecticut, Department of Economics.
- Sander Onderstal, 2020.
"Premium auctions in the field,"
Review of Economic Design, Springer;Society for Economic Design, vol. 24(1), pages 39-63, June.
- Sander Onderstal, 2017. "Premium Auctions in the Field," Tinbergen Institute Discussion Papers 17-024/VII, Tinbergen Institute.
- Joel O. Wooten & Joan M. Donohue & Timothy D. Fry & Kathleen M. Whitcomb, 2020. "To Thine Own Self Be True: Asymmetric Information in Procurement Auctions," Production and Operations Management, Production and Operations Management Society, vol. 29(7), pages 1679-1701, July.
- Lorentziadis, Panos L., 2016. "Optimal bidding in auctions from a game theory perspective," European Journal of Operational Research, Elsevier, vol. 248(2), pages 347-371.
- Carrillo, Juan & Brocas, Isabelle & Castro, Manuel, 2010.
"The nature of information and its effect on bidding behavior: laboratory evidence in a common value auction,"
CEPR Discussion Papers
7848, C.E.P.R. Discussion Papers.
- Isabelle Brocas & Juan D. Carrillo & Manuel Castro, 2011. "The nature of information and its effect on bidding behavior: laboratory evidence in a common value auction," Working Paper 8510, USC Lusk Center for Real Estate.
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"Joint Bidding, Governance And Public Procurement Costs:A Case Of Road Projects,"
Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 80(3), pages 393-429, September.
- Antonio Estache & A. Iimi, 2009. "Joint bidding, governance and public procurement costs: A case of road projects," ULB Institutional Repository 2013/43906, ULB -- Universite Libre de Bruxelles.
- Ken Hendricks & Robert Porter & Guofu Tan, 2008. "Bidding rings and the winner's curse," RAND Journal of Economics, RAND Corporation, vol. 39(4), pages 1018-1041, December.
- Marquez, Robert & Singh, Rajdeep, 2013. "The economics of club bidding and value creation," Journal of Financial Economics, Elsevier, vol. 108(2), pages 493-505.
- Paul Klemperer, 2007.
"Bidding Markets,"
Journal of Competition Law and Economics, Oxford University Press, vol. 3(1), pages 1-47.
- Paul Klemperer, 2005. "Bidding Markets," Law and Economics 0508007, University Library of Munich, Germany.
- Karl Hackenbrack & Mikhael Shor, 2012. "Auditor Preference," Working papers 2012-20, University of Connecticut, Department of Economics.
- Mares Vlad & Shor Mikhael, 2012. "On the Competitive Effects of Bidding Syndicates," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 12(1), pages 1-33, September.
- Maxim Ivanov, 2013. "Information revelation in competitive markets," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 52(1), pages 337-365, January.
- Brocas, Isabelle & Carrillo, Juan D. & Castro, Manuel, 2015. "The nature of information and its effect on bidding behavior: Laboratory evidence in a first price common value auction," Journal of Economic Behavior & Organization, Elsevier, vol. 109(C), pages 26-40.
- Gino Loyola, 2021. "Effects of competition in first-price auctions," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(4), pages 1527-1567, June.
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More about this item
Keywords
Common value auctions; Information; Joint bidding; Industry concentration; D44; L41; C92;All these keywords.
JEL classification:
- D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
- L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices
- C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
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