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Random Reservation Prices and Bidding Behavior in OCS Drainage Auctions

  • Hendricks, Kenneth
  • Porter, Robert H
  • Spady, Richard H

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Article provided by University of Chicago Press in its journal Journal of Law & Economics.

Volume (Year): 32 (1989)
Issue (Month): 2 (October)
Pages: S83-106

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Handle: RePEc:ucp:jlawec:v:32:y:1989:i:2:p:s83-106
Contact details of provider: Web page: http://www.journals.uchicago.edu/JLE/

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  1. John H. Kagel & Colin M. Campbell & Dan Levin, 1999. "The Winner's Curse and Public Information in Common Value Auctions: Reply," American Economic Review, American Economic Association, vol. 89(1), pages 325-334, March.
  2. Engelbrecht-Wiggans, Richard & Milgrom, Paul R. & Weber, Robert J., 1983. "Competitive bidding and proprietary information," Journal of Mathematical Economics, Elsevier, vol. 11(2), pages 161-169, April.
  3. McAfee, R Preston & McMillan, John, 1987. "Auctions and Bidding," Journal of Economic Literature, American Economic Association, vol. 25(2), pages 699-738, June.
  4. Hendricks, Kenneth & Porter, Robert H, 1988. "An Empirical Study of an Auction with Asymmetric Information," American Economic Review, American Economic Association, vol. 78(5), pages 865-83, December.
  5. Thaler, Richard H, 1988. "Anomalies: The Winner's Curse," Journal of Economic Perspectives, American Economic Association, vol. 2(1), pages 191-202, Winter.
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