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On the Persistence of Overconfidence : Evidence from Multi-Unit Auctions

Morales-Camargo, Emmanuel - 2013

We analyze pre and post-task confidence in an experiment in which subjects bid in multi-unit common value auctions. Subjects return for a second session, so we are able to assess how performance affects the evolution of confidence. Those with low confidence prior to the first session...

Persistent link: https://www.econbiz.de/10013090267

Split-Award Procurement Auctions with Uncertain Scale Economies : Theory and Data

Anton, James J. - 2010

In a number of observed procurements, the buyer has employed an auction format that allows for a split-award outcome …-award format relative to a winner-take-all unit auction format. Model predictions are assessed with data on submitted ‘step …

Persistent link: https://www.econbiz.de/10013144802

Estimation of bid functions for location choice and price modeling with a latent variable approach

Hurtubia, Ricardo; Bierlaire, Michel - In: Networks and spatial economics : a journal of … 14 (2014) 1, pp. 47-65

Persistent link: https://www.econbiz.de/10011308132

Strategic behavior and underpricing in uniform price auctions : evidence from Finnish treasury auctions

Keloharju, Matti; Nyborg, Kjell G.; Rydqvist, Kristian - 2003

Persistent link: https://www.econbiz.de/10001753251

Comparing open and sealed bid auctions : theory and evidence from timber auctions

Athey, Susan; Levin, Jonathan; Seira, Enrique - 2004

Persistent link: https://www.econbiz.de/10002994053

Behavioral biases of dealers in US Treasury auctions

Goldreich, David - 2004

Persistent link: https://www.econbiz.de/10002994270

Empirical Implications of Equilibrium Bidding in First-Price, Symmetric, Common Value Auctions

Hendricks, Kenneth; Pinkse, Joris; Porter, Robert H. - 2003

This paper studies federal auctions for wildcat leases on the Outer Continental Shelf from 1959 to 1970. These are leases where bidders privately acquire (at some cost) noisy, but equally informative signals about the amount of oil and gas that may be present. We develop a test of equilibrium...

Persistent link: https://www.econbiz.de/10014175755

The Fragility of Discretionary Liquidity Provision - Lessons from the Collapse of the Auction Rate Securities Market

Han, Song; Li, Dan - 2011

. The laboratory of our study is the recent collapse of the auction rate securities (ARS) market. Using a comprehensive … dataset constructed from auction reports and intraday transactions data on municipal ARS, we present quantitative evidence … that auction dealers acted at their own discretion as "market makers" before the market collapsed. We show that this …

Persistent link: https://www.econbiz.de/10014179447

Buying Fields and Marrying Daughters : An Empirical Analysis of Rosca Auctions in a South Indian Village

Klonner, Stefan - 2003

A bidding rotating savings and credit association (Rosca) is modeled as a sequence of symmetric-independent-private-value auctions with price-proportional benefits to bidders. We estimate a structural econometric model which, by introducing an altruistic component into each bidder's utility...

Persistent link: https://www.econbiz.de/10014085911

Are Estimates of Asymmetric First-Price Auctions Credible? Semi- & Nonparametric Analyses : Online Appendix

Chernomaz, Kirill - 2017

This online appendix contains the plots and supplemental descriptions for "Are Estimates of Asymmetric First-Price Auctions Credible? Semi- & Nonparametric Analyses."The paper "Are Estimates of Asymmetric First-Price Auctions Credible? Semi- & Nonparametric Analyses" to which this Supplement...

Persistent link: https://www.econbiz.de/10012973476