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Department of Economics, University of California-San Diego (UCSD)
Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
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Level-k Auctions: Can a
Non-Equilibrium
Model of Strategic Thinking Explain the Winner's Curse and Overbidding in Private-Value Auctions?
Crawford, Vincent P.
;
Iriberri, Nagore
-
Department of Economics, University of California-San …
-
2005
This paper proposes a structural
non-equilibrium
model of initial responses to incomplete-information games based on …
Persistent link: https://www.econbiz.de/10011130676
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