Prices and the Winner's Curse
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KeywordsAuction theory; common value; winner's curse; PCS auction; spectrum auction; airwaves auction; initial public offerings; IPO;
- D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
- L96 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Telecommunications
- G30 - Financial Economics - - Corporate Finance and Governance - - - General
- G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage
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