A Comment on “Can Relaxation of Beliefs Rationalize the Winner's Curse?: An Experimental Study”

DOI10.3982/ECTA11000zbMath1419.91322MaRDI QIDQ4614265

Makoto Shimoji, Miguel A. Costa-Gomes

Publication date: 30 January 2019

Published in: Econometrica (Search for Journal in Brave)

zbMATH Keywords

experimentscommon-value auctionsbeliefs-based models

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26) Experimental studies (91A90)

Related Items (4)

Hypothetical thinking and the winner's curse: an experimental investigation ⋮ The winner's curse: conditional reasoning and belief formation ⋮ Quantal response and nonequilibrium beliefs explain overbidding in maximum-value auctions ⋮ Revenue comparison of discrete private-value auctions via weak dominance

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