Can Relaxation of Beliefs Rationalize the Winner's Curse?: An Experimental Study

DOI10.3982/ECTA8112MaRDI QIDQ3587014zbMATH OpenOpenAlexWikidataFDO

Authors Asen Ivanov, Dan Levin, Muriel Niederle

Publication date 2 September 2010

Published in Econometrica (Search for Journal in Brave)

Full work available at URL https://doi.org/10.3982/ecta8112

zbMATH Keywords

level-\(k\) modelwinner's cursebeliefscommon-value auctionscursed equilibrium

Mathematics Subject Classification ID

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

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