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A comment on "Can relaxation of beliefs rationalize the winner's curse? An experimental study"
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dc.contributor.author | Costa-Gomes, M.A. | |
dc.contributor.author | Shimoji, M. | |
dc.date.accessioned | 2015-08-31T13:40:05Z | |
dc.date.available | 2015-08-31T13:40:05Z | |
dc.date.issued | 2015-02-18 | |
dc.identifier.citation | Costa-Gomes , M A & Shimoji , M 2015 , ' A comment on "Can relaxation of beliefs rationalize the winner's curse? An experimental study" ' , Econometrica , vol. 83 , no. 1 , pp. 375-383 . https://doi.org/10.3982/ECTA11000 | en |
dc.identifier.issn | 0012-9682 | |
dc.identifier.other | PURE: 172483290 | |
dc.identifier.other | PURE UUID: 69151b8f-4ab6-4009-afd3-d6e791499807 | |
dc.identifier.other | Scopus: 84923067799 | |
dc.identifier.other | WOS: 000349962900014 | |
dc.identifier.uri | https://hdl.handle.net/10023/7366 | |
dc.description.abstract | Ivanov, Levin, and Niederle (2010) use a common-value second-price auction experiment to reject beliefs-based explanations for the winner's curse. ILN's conclusion, however, stems from the misuse of theoretical arguments. Beliefs-based models are even compatible with some observations from ILN's experiment. | |
dc.format.extent | 9 | |
dc.language.iso | eng | |
dc.relation.ispartof | Econometrica | en |
dc.rights | The copyright to this article is held by the Econometric Society, http://www.econometricsociety.org/. It may be downloaded, printed and reproduced only for personal or classroom use. Absolutely no downloading or copying may be done for, or on behalf of, any for-profit commercial firm or for other commercial purpose without the explicit permission of the Econometric Society. For this purpose, contact the Editorial Office of the Econometric Society at econometrica@econometricsociety.org. | en |
dc.subject | Beliefs-based models | en |
dc.subject | Common-value auctions | en |
dc.subject | Experiments | en |
dc.subject | HB Economic Theory | en |
dc.subject | BDC | en |
dc.subject | R2C | en |
dc.subject.lcc | HB | en |
dc.title | A comment on "Can relaxation of beliefs rationalize the winner's curse? An experimental study" | en |
dc.type | Journal article | en |
dc.description.version | Postprint | en |
dc.description.version | Postprint | en |
dc.contributor.institution | University of St Andrews. School of Economics and Finance | en |
dc.identifier.doi | https://doi.org/10.3982/ECTA11000 | |
dc.description.status | Peer reviewed | en |
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