The Existence and Persistence of a Winner's Curse: New Evidence from the (Baseball) Field. The Existence and Persistence of a Winner's Curse: New Evidence from the (Baseball) Field.

The Existence and Persistence of a Winner's Curse: New Evidence from the (Baseball) Field‪.‬

Southern Economic Journal 2008, July, 75, 1

Southern Economic Journal
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Publisher Description

1. Introduction In controlled experiments, bidders at auction often fall prey to a winner's curse, failing to consider factors conducive to overbidding and thus earning disappointing or even negative returns. What is more, this curse appears to be persistent, disappearing slowly (if at all) when experiments are structured to allow subjects to learn from past auction outcomes and modify their bidding behavior. (1)

GENRE
Business & Personal Finance
RELEASED
2008
1 July
LANGUAGE
EN
English
LENGTH
32
Pages
PUBLISHER
Southern Economic Association
PROVIDER INFO
The Gale Group, Inc., a Delaware corporation and an affiliate of Cengage Learning, Inc.
SIZE
292.7
KB

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