English, Article, Journal or magazine article edition: Competition on Common Value Markets with Naive Traders - A Theoretical and Experimental Analysis Nadine Chlaß; Werner Güth

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/1240
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Competition on Common Value Markets with Naive Traders - A Theoretical and Experimental Analysis
Author
  • Nadine Chlaß
  • Werner Güth
Physical Description
  • preprint
Notes
  • Theoretically and experimentally, we generalize the analysis of acquiring a company (Samuelson and Bazerman 1985) by allowing for competition of both, buyers and sellers. Naivety of both is related to the idea that higher prices exclude worse qualities. While competition of naive buyers increases prices, competition of naive sellers promotes effciency enhancing trade. Our predictions are tested experimentally.
  • incomplete information, common value auction, experiment
  • RePEc:jrp:jrpwrp:2007-105
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment