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" Common value auctions and the winner's curse / "
John H. Kagel and Dan Levin.
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BL
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| Record Number
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1030021
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b784391
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| Main Entry
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Kagel, John H., (John Henry),1942-
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| Title & Author
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Common value auctions and the winner's curse /\ John H. Kagel and Dan Levin.
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| Publication Statement
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Princeton, N.J. :: Princeton University Press,, ©2002.
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| Page. NO
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1 online resource (xvi, 401 pages) :: illustrations
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| ISBN
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0691016674
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: 1282158759
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: 1400830133
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: 6612158751
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: 9780691016672
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: 9781282158757
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: 9781400830138
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: 9786612158759
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0691016674
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Includes bibliographical references and index.
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| Abstract
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Few forms of market exchange intrigue economists as do auctions, whose theoretical and practical implications are enormous. John Kagel and Dan Levin, complementing their own distinguished research with papers written with other specialists, provide a new focus on common value auctions and the "winner's curse." In such auctions the value of each item is about the same to all bidders, but different bidders have different information about the underlying value. Virtually all auctions have a common value element; among the burgeoning modern-day examples are those organized by Internet companies su.
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Auctions.
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Paradoxes.
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Value.
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Auctions.
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BUSINESS ECONOMICS-- Industries-- Retailing.
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BUSINESS ECONOMICS-- Investments Securities-- General.
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BUSINESS ECONOMICS-- Marketing-- Direct.
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Paradoxes.
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TRAVEL-- Shopping.
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Value.
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Economische waarde.
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Paradoxen.
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Veilingen.
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| Dewey Classification
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381/.17
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| LC Classification
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HF5476.K27 2002eb
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| Added Entry
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Levin, Dan,1947-
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