A Bidding Model of Perfect Competition¶
Wilson, R. B. (1977). A Bidding Model of Perfect Competition. Review of Economic Studies, 511-518.
Cited by¶
1 citation across 1 artifact.
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Primes¶
- Auction Theory
- The formal analysis appears in Wilson 1977
This sourceFoundational common-value-auction analysis proving the winning bid converges to true value; the locus classicus for the winner's-curse correction the prose attributes to 'Wilson 1977'. [tier B / inline; replaces mis-cited Charles Wilson insurance paper]
- The formal analysis appears in Wilson 1977
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