Showing 1 - 10 of 125
Persistent link: https://www.econbiz.de/10010191077
Persistent link: https://www.econbiz.de/10011757800
Persistent link: https://www.econbiz.de/10014480905
The objects for sale in most auctions possess both private and common value elements. This salient feature has not yet been incorporated into a strategic analysis of equilibrium bidding behaviour. This paper reports such an analysis for a stylised model in which bidders receive a private value...
Persistent link: https://www.econbiz.de/10011303293
The objects for sale in most auctions possess both private and common value elements. This salient feature has not yet been incorporated into a strategic analysis of equilibrium bidding behaviour. This paper reports such an analysis for a stylised model in which bidders receive a private value...
Persistent link: https://www.econbiz.de/10010324705
Persistent link: https://www.econbiz.de/10001483843
Persistent link: https://www.econbiz.de/10001781861
beliefs of the employers are self-fulfilling. Theoretically and in an experiment, we investigate under what circumstances … evidence for statistical discrimination in the standard no-competition setup of Coate and Loury (1993). When we introduce … competition between workers of different groups, the non-discrimination equilibrium ceases to be stable. In line with this …
Persistent link: https://www.econbiz.de/10013037417
beliefs of the employers are self-fulfilling. Theoretically and in an experiment, we investigate under what circumstances … evidence for statistical discrimination in the standard no-competition setup of Coate and Loury (1993). When we introduce … competition between workers of different groups, the non-discrimination equilibrium ceases to be stable. In line with this …
Persistent link: https://www.econbiz.de/10010326203
roughly the same manner as rational bidders, with observed efficiencies close to predicted levels. Increased competition and …
Persistent link: https://www.econbiz.de/10011303292