Kirchkamp, Oliver (contributor); Reiss, Philipp (contributor) - 2006
bidding behaviour in first-price auctions with private values. Auc-
tions of this kind have been analysed theoretically and … valuations (see
Kirchkamp and Reiß, 2004).
Understanding the reason behind off equilibrium bids helps us to find better bidding … aversion is not always a
convincing explanation for bids which are higher than risk neutral equilibrium bids. Over-
bidding due …