Quantal response and nonequilibrium beliefs explain overbidding in maximum-value auctions

Games and Economic Behavior - Tập 98 - Trang 243-263 - 2016
Colin Camerer1, Salvatore Nunnari2, Thomas R. Palfrey1
1Division of the Humanities and Social Sciences, California Institute of Technology, Pasadena, CA 91125, United States
2Department of Economics, Bocconi University, Milan, 20136, Italy

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