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A comment on "Can relaxation of beliefs rationalize the winner's curse? An experimental study"

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A comment on "Can relaxation of beliefs rationalize the winner's curse? An experimental study". / Costa-Gomes, M.A.; Shimoji, M.

In: Econometrica, Vol. 83, No. 1, 2015, p. 375-383.

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Costa-Gomes, MA & 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

APA

Costa-Gomes, M. A., & Shimoji, M. (2015). A comment on "Can relaxation of beliefs rationalize the winner's curse? An experimental study". Econometrica, 83(1), 375-383. https://doi.org/10.3982/ECTA11000

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Costa-Gomes MA, Shimoji M. A comment on "Can relaxation of beliefs rationalize the winner's curse? An experimental study". Econometrica. 2015;83(1):375-383. https://doi.org/10.3982/ECTA11000

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Costa-Gomes, M.A. ; Shimoji, M. / A comment on "Can relaxation of beliefs rationalize the winner's curse? An experimental study". In: Econometrica. 2015 ; Vol. 83, No. 1. pp. 375-383.

Bibtex - Download

@article{69151b8f4ab64009afd3d6e791499807,
title = "A comment on {"}Can relaxation of beliefs rationalize the winner's curse? An experimental study{"}",
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.",
keywords = "Beliefs-based models, Common-value auctions, Experiments",
author = "M.A. Costa-Gomes and M. Shimoji",
note = "Date of Acceptance: 01/06/2014 (Manuscript Revised)",
year = "2015",
doi = "10.3982/ECTA11000",
language = "English",
volume = "83",
pages = "375--383",
journal = "Econometrica",
issn = "0012-9682",
publisher = "Wiley-Blackwell",
number = "1",

}

RIS (suitable for import to EndNote) - Download

TY - JOUR

T1 - A comment on "Can relaxation of beliefs rationalize the winner's curse? An experimental study"

AU - Costa-Gomes, M.A.

AU - Shimoji, M.

N1 - Date of Acceptance: 01/06/2014 (Manuscript Revised)

PY - 2015

Y1 - 2015

N2 - 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.

AB - 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.

KW - Beliefs-based models

KW - Common-value auctions

KW - Experiments

U2 - 10.3982/ECTA11000

DO - 10.3982/ECTA11000

M3 - Article

VL - 83

SP - 375

EP - 383

JO - Econometrica

T2 - Econometrica

JF - Econometrica

SN - 0012-9682

IS - 1

ER -

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