The Bidder's Curse
收藏NBER2007-12-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w13699
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资源简介:
We employ a novel approach to identify overbidding in the field. We compare auction prices to fixed prices for the same item on the same webpage. In detailed board-game data, 42 percent of auctions exceed the simultaneous fixed price. The result replicates in a broad cross-section of auctions (48
提供机构:
美国国家经济研究局
创建时间:
2007-12-01



