Loss Aversion in Sequential Auctions: Endogenous Interdependence, Informational Externalities and the "Afternoon Effect"
Author
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Jane Black & David de Meza, 1992.
"Systematic Price Differences Between Successive Auctionsare no Anomaly,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 1(4), pages 607-628, December.
- Black, Jane & De Meza, David, 1992. "Systematic Price Differences between Successive Auctions Are No Anomaly," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 1(4), pages 607-628, Winter.
- Johannes Abeler & Armin Falk & Lorenz Goette & David Huffman, 2011.
"Reference Points and Effort Provision,"
American Economic Review, American Economic Association, vol. 101(2), pages 470-492, April.
- Johannes Abeler & Armin Falk & Lorenz Götte & David Huffman, 2009. "Reference Points and Effort Provision," CESifo Working Paper Series 2585, CESifo.
- Falk, Armin & Goette, Lorenz & Huffman, David & Abeler, Johannes, 2009. "Reference Points and Effort Provision," CEPR Discussion Papers 7221, C.E.P.R. Discussion Papers.
- Abeler, Johannes & Falk, Armin & Götte, Lorenz & Huffman, David, 2011. "Reference Points and Effort Provision," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 358, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Abeler, Johannes & Falk, Armin & Götte, Lorenz & Huffman, David B., 2009. "Reference Points and Effort Provision," IZA Discussion Papers 3939, Institute of Labor Economics (IZA).
- Johannes Abeler & Armin Falk & Lorenz Goette & David Huffman, 2009. "Reference Points and Effort Provision," Discussion Papers 2009-02, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Flavio Menezes & Paulo Monteiro, 2003.
"Synergies and price trends in sequential auctions,"
Review of Economic Design, Springer;Society for Economic Design, vol. 8(1), pages 85-98, August.
- Menezes, F. & Monteiro, P.K., 1999. "Synergies and Price Trends in Sequential Auctions," Papers 366, Australian National University - Department of Economics.
- Menezes, Flavio Marques & Monteiro, P. K., 1999. "Synergies and price trends in sequential auctions," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 360, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
- Paulo Klinger Monteiro & Flavio Menezes, 1999. "Synergies and Price Trends in Sequential Auctions," Microeconomics 9901002, University Library of Munich, Germany, revised 03 Feb 1999.
- Heiko Karle & Georg Kirchsteiger & Martin Peitz, 2015.
"Loss Aversion and Consumption Choice: Theory and Experimental Evidence,"
American Economic Journal: Microeconomics, American Economic Association, vol. 7(2), pages 101-120, May.
- Kirchsteiger, Georg & Peitz, Martin & Karle, Heiko, 2012. "Loss Aversion and Consumption Choice: Theory and Experimental Evidence," CEPR Discussion Papers 9183, C.E.P.R. Discussion Papers.
- Karle, Heiko & Kirchsteiger, Georg & Peitz, Martin, 2013. "Loss Aversion and Consumption Choice: Theory and Experimental Evidence," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79943, Verein für Socialpolitik / German Economic Association.
- Botond Kőszegi & Matthew Rabin, 2006.
"A Model of Reference-Dependent Preferences,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 121(4), pages 1133-1165.
- Koszegi, Botond & Rabin, Matthew, 2004. "A Model of Reference-Dependent Preferences," Department of Economics, Working Paper Series qt0w82b6nm, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Botond Koszegi & Matthew Rabin, 2005. "A Model of Reference-Dependent Preferences," Levine's Bibliography 784828000000000341, UCLA Department of Economics.
- Botond Koszegi & Matthew Rabin, 2004. "A Model of Reference-Dependent Preferences," Method and Hist of Econ Thought 0407001, University Library of Munich, Germany.
- Jeitschko, Thomas D., 1999. "Equilibrium price paths in sequential auctions with stochastic supply," Economics Letters, Elsevier, vol. 64(1), pages 67-72, July.
- Bernhardt, Dan & Scoones, David, 1994.
"A Note on Sequential Auctions,"
American Economic Review, American Economic Association, vol. 84(3), pages 653-657, June.
- Bernhardt, Dan & Scoones, David, 1993. "A Note on Sequential Auctions," Working Papers 829, California Institute of Technology, Division of the Humanities and Social Sciences.
- Neugebauer, Tibor & Pezanis-Christou, Paul, 2007.
"Bidding behavior at sequential first-price auctions with(out) supply uncertainty: A laboratory analysis,"
Journal of Economic Behavior & Organization, Elsevier, vol. 63(1), pages 55-72, May.
- Tibor Neugebauer & Paul Pezanis-Christou, 2004. "Bidding Behavior at Sequential First-Price Auctions With(out) Supply Uncertainty : A Laboratory Analysis," Post-Print hal-00279237, HAL.
- Fabian Herweg & Daniel Muller & Philipp Weinschenk, 2010.
"Binary Payment Schemes: Moral Hazard and Loss Aversion,"
American Economic Review, American Economic Association, vol. 100(5), pages 2451-2477, December.
- Herweg, Fabian & Müller, Daniel & Weinschenk, Philipp, 2010. "Binary payment schemes: Moral hazard and loss aversion," Munich Reprints in Economics 19450, University of Munich, Department of Economics.
- Fabian Herweg & Daniel Müller & Philipp Weinschenk, 2010. "Binary Payment Schemes: Moral Hazard and Loss Aversion," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2010_38, Max Planck Institute for Research on Collective Goods.
- Val Lambson & Norman K Thurston, 2006. "Sequential Auctions: Theory and Evidence from the Seattle Fur Exchange," RAND Journal of Economics, The RAND Corporation, vol. 37(1), pages 70-80, Spring.
- David Gill & Victoria Prowse, 2012.
"A Structural Analysis of Disappointment Aversion in a Real Effort Competition,"
American Economic Review, American Economic Association, vol. 102(1), pages 469-503, February.
- Gill, David & Prowse, Victoria L., 2009. "A Structural Analysis of Disappointment Aversion in a Real Effort Competition," IZA Discussion Papers 4536, Institute of Labor Economics (IZA).
- Victoria Prowse & David Gill, 2009. "A Structural Analysis of Disappointment Aversion in a Real Effort Competition," Economics Series Working Papers 448, University of Oxford, Department of Economics.
- David Gill & Victoria Prowse, 2011. "A Structural Analysis of Disappointment Aversion in a Real Effort Competition," Discussion Papers 2011001, University of Oxford, Nuffield College.
- Ashenfelter, Orley & Genesove, David, 1992.
"Testing for Price Anomalies in Real-Estate Auctions,"
American Economic Review, American Economic Association, vol. 82(2), pages 501-505, May.
- Ashenfelter, O. & Genesove, D., 1992. "Testing for Price Anomalies in Real Estate Auctions," Working papers 92-2, Massachusetts Institute of Technology (MIT), Department of Economics.
- Ashenfelter, O. & Genesove, D., 1992. "Testing for Price Anomalies in real Estate Auctions," Papers 128, Princeton, Department of Economics - Financial Research Center.
- Orley Ashenfelter & David Genesove, 1992. "Testing for Price Anomalies in Real Estate Auctions," NBER Working Papers 4036, National Bureau of Economic Research, Inc.
- Mezzetti, Claudio & Pekec, Aleksandar Sasa & Tsetlin, Ilia, 2008.
"Sequential vs. single-round uniform-price auctions,"
Games and Economic Behavior, Elsevier, vol. 62(2), pages 591-609, March.
- Claudio Mezzetti & Aleksandar Pekec & Ilia Tsetlin, 2004. "Sequential vs. Single-Round Uniform-Price Auctions," Working Papers 2004.147, Fondazione Eni Enrico Mattei.
- Claudio Mezzetti & Aleksandar Pekec & Ilia Tsetlin, 2005. "Sequential vs. Single-Round Uniform-Price Auctions," Discussion Papers in Economics 05/26, Division of Economics, School of Business, University of Leicester, revised Apr 2007.
- David E. Bell, 1985. "Disappointment in Decision Making Under Uncertainty," Operations Research, INFORMS, vol. 33(1), pages 1-27, February.
- Archishman Chakraborty & Nandini Gupta & Rick Harbaugh, 2006. "Best Foot Forward or Best for Last in a Sequential Auction?," RAND Journal of Economics, The RAND Corporation, vol. 37(1), pages 176-194, Spring.
- Ashenfelter, Orley, 1989. "How Auctions Work for Wine and Art," Journal of Economic Perspectives, American Economic Association, vol. 3(3), pages 23-36, Summer.
- Victor A. Ginsburgh, 1998.
"Absentee Bidders and the Declining Price Anomaly in Wine Auctions,"
Journal of Political Economy, University of Chicago Press, vol. 106(6), pages 1302-1331, December.
- GINSBURGH, Victor, 1998. "Absentee bidders and the declining price anomaly in wine auctions," LIDAM Reprints CORE 1364, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Victor Ginsburgh, 1998. "Absentee bidders and the declining price anomaly in wine auctions," ULB Institutional Repository 2013/1701, ULB -- Universite Libre de Bruxelles.
- Claudio Mezzetti, 2011. "Sequential Auctions with Informational Externalities and Aversion to Price Risk: Decreasing and Increasing Price Sequences," Economic Journal, Royal Economic Society, vol. 121(555), pages 990-1016, September.
- Val E. Lambson & Norman K Thurston, 2006. "Sequential auctions: theory and evidence from the Seattle Fur Exchange," RAND Journal of Economics, RAND Corporation, vol. 37(1), pages 70-80, March.
- A. Banerji & Neha Gupta, 2014. "Detection, Identification, and Estimation of Loss Aversion: Evidence from an Auction Experiment," American Economic Journal: Microeconomics, American Economic Association, vol. 6(1), pages 91-133, February.
- Botond Koszegi & Matthew Rabin, 2007.
"Reference-Dependent Risk Attitudes,"
American Economic Review, American Economic Association, vol. 97(4), pages 1047-1073, September.
- Botond Koszegi & Matthew Rabin, 2006. "Reference-Dependent Risk Attitudes," Levine's Bibliography 122247000000001267, UCLA Department of Economics.
- Graham Loomes & Robert Sugden, 1986. "Disappointment and Dynamic Consistency in Choice under Uncertainty," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 53(2), pages 271-282.
- Neil Gandal, 1997. "Sequential Auctions of Interdependent Objects: Israeli Cable Television Licenses," Journal of Industrial Economics, Wiley Blackwell, vol. 45(3), pages 227-244, September.
- Philippe Février & William Roos & Michael Visser, 2005.
"The Buyer's Option in Multi‐Unit Ascending Auctions: The Case of Wine Auctions at Drouot,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 14(4), pages 813-847, December.
- Février Philippe & Roos William & Visser Michael, 2004. "The buyer's option in multi-unit ascending auctions : the case of wine auctions at Drouot," Research Unit Working Papers 0409, Laboratoire d'Economie Appliquee, INRA.
- Archishman Chakraborty & Nandini Gupta & Rick Harbaugh, 2006.
"Best foot forward or best for last in a sequential auction?,"
RAND Journal of Economics, RAND Corporation, vol. 37(1), pages 176-194, March.
- Archishman Chakraborty & Nandini Gupta & Rick Harbaugh, 2004. "Best Foot Forward or Best for Last in a Sequential Auction?," Working Papers 2004-07, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
- Gerard J. van den Berg & Jan C. van Ours & Menno P. Pradhan, 2001. "The Declining Price Anomaly in Dutch Dutch Rose Auctions," American Economic Review, American Economic Association, vol. 91(4), pages 1055-1062, September.
- Alan Beggs & Kathryn Graddy, 1997.
"Declining Values and the Afternoon Effect: Evidence from Art Auctions,"
RAND Journal of Economics, The RAND Corporation, vol. 28(3), pages 544-565, Autumn.
- Beggs, A. & Graddy, K., 1996. "Declining Values and the Afternoon Effect: Evidence from Art Auctions," Economics Series Working Papers 99184, University of Oxford, Department of Economics.
- Gale, Ian L. & Stegeman, Mark, 2001.
"Sequential Auctions of Endogenously Valued Objects,"
Games and Economic Behavior, Elsevier, vol. 36(1), pages 74-103, July.
- Gale, I.L. & Stegeman, M., 1993. "Sequential Auction of Endogenously Valued Objects," Working papers 9318, Wisconsin Madison - Social Systems.
- Carolyn Pitchik & Andrew Schotter, 1988.
"Perfect Equilibria in Budget-Constrained Sequential Auctions: An Experimental Study,"
RAND Journal of Economics, The RAND Corporation, vol. 19(3), pages 363-388, Autumn.
- Pitchik, Carolyn & Schotter, Andrew, 1986. "Perfect Equilibria in Budget Constrained Sequential Auctions: An Experimental Study," Working Papers 86-22, C.V. Starr Center for Applied Economics, New York University.
- Engelbrecht-Wiggans, Richard, 1994. "Sequential auctions of stochastically equivalent objects," Economics Letters, Elsevier, vol. 44(1-2), pages 87-90.
- Février Philippe & Laurent Linnemer & Michael Visser, 2007. "Buy or wait, that is the option," Post-Print hal-00558198, HAL.
- Lange, Andreas & Ratan, Anmol, 2010. "Multi-dimensional reference-dependent preferences in sealed-bid auctions - How (most) laboratory experiments differ from the field," Games and Economic Behavior, Elsevier, vol. 68(2), pages 634-645, March.
- Gul, Faruk, 1991. "A Theory of Disappointment Aversion," Econometrica, Econometric Society, vol. 59(3), pages 667-686, May.
- Philippe Février & Laurent Linnemer & Michael Visser, 2007.
"Buy or wait, that is the option: the buyer's option in sequential laboratory auctions,"
RAND Journal of Economics, RAND Corporation, vol. 38(1), pages 98-118, March.
- Philippe Fevrier & Laurent Linnemer & Michael Visser, 2001. "Buy or Wait, That is the Option. The Buyer’s Option in Sequential Laboratory Auctions," Working Papers 2001-30, Center for Research in Economics and Statistics.
- Février Philippe & Linnemer Laurent & Visser Michael, 2004. "Buy or wait, that is the option : the buyer's option in sequential laboratory auctions," Research Unit Working Papers 0410, Laboratoire d'Economie Appliquee, INRA.
- Botond Koszegi & Matthew Rabin, 2009. "Reference-Dependent Consumption Plans," American Economic Review, American Economic Association, vol. 99(3), pages 909-936, June.
- repec:bla:jindec:v:45:y:1997:i:3:p:227-44 is not listed on IDEAS
- Victor Ginsburgh & Pierre-Michel Menger, 1996. "Economics of the arts: selected essays," ULB Institutional Repository 2013/1655, ULB -- Universite Libre de Bruxelles.
- Chanel, O. & Gerard-Varet, L.A., 1996. "Auction Theory and Practice Evidence from the Market for Jewellery," G.R.E.Q.A.M. 96b05, Universite Aix-Marseille III.
- Ott, Marion & Ehrhart, Karl-Martin, 2014. "Reference-Dependent Bidding in Dynamic Auctions," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100591, Verein für Socialpolitik / German Economic Association.
- Milgrom, Paul R & Weber, Robert J, 1982.
"A Theory of Auctions and Competitive Bidding,"
Econometrica, Econometric Society, vol. 50(5), pages 1089-1122, September.
- Paul Milgrom & Robert J. Weber, 1981. "A Theory of Auctions and Competitive Bidding," Discussion Papers 447R, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- McAfee R. Preston & Vincent Daniel, 1993. "The Declining Price Anomaly," Journal of Economic Theory, Elsevier, vol. 60(1), pages 191-212, June.
- Keith M. Marzilli Ericson & Andreas Fuster, 2011. "Expectations as Endowments: Evidence on Reference-Dependent Preferences from Exchange and Valuation Experiments," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 126(4), pages 1879-1907.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Peter Csoka & P. Jean-Jacques Herings, 2022. "Centralized clearing mechanisms: A programming approach," The Journal of Mechanism and Institution Design, Society for the Promotion of Mechanism and Institution Design, University of York, vol. 7(1), pages 45-69, December.
- von Wangenheim, Jonas, 2019. "English versus Vickrey auctions with loss averse bidders," Discussion Papers 2019/1, Free University Berlin, School of Business & Economics.
- Benjamin Balzer & Antonio Rosato, 2018. "Expectations-Based Loss Aversion in Common-Value Auctions: Extensive vs. Intensive Risk," Working Paper Series 50, Economics Discipline Group, UTS Business School, University of Technology, Sydney.
- Dato, Simon & Grunewald, Andreas & Müller, Daniel & Strack, Philipp, 2017. "Expectation-based loss aversion and strategic interaction," Games and Economic Behavior, Elsevier, vol. 104(C), pages 681-705.
- Benjamin Balzer & Antonio Rosato & Jonas von Wangenheim, 2020. "Dutch versus First-Price Auctions with Dynamic Expectations-Based Reference-Dependent Preferences," Working Paper Series 2020/05, Economics Discipline Group, UTS Business School, University of Technology, Sydney.
- Ola Andersson & Tommy Andersson, 2017. "Timing and presentation effects in sequential auctions," The Journal of Mechanism and Institution Design, Society for the Promotion of Mechanism and Institution Design, University of York, vol. 2(1), pages 39-55, December.
- Andersson , Ola & Andersson , Tommy, 2015.
"Decomposing the Afternoon Effect: An Empirical Investigation of Sequential Train Ticket Auctions,"
Working Papers
2015:28, Lund University, Department of Economics.
- Andersson, Ola & Andersson, Tommy, 2015. "Decomposing the Afternoon Effect: An Empirical Investigation of Sequential Train Ticket Auctions," Working Paper Series 1085, Research Institute of Industrial Economics.
- Dato, Simon & Grunewald, Andreas & Müller, Daniel, 2015. "Expectation-Based Loss Aversion and Strategic Interaction," Bonn Econ Discussion Papers 02/2015, University of Bonn, Bonn Graduate School of Economics (BGSE).
- Meisner, Vincent & von Wangenheim, Jonas, 2019.
"School Choice and Loss Aversion,"
Rationality and Competition Discussion Paper Series
208, CRC TRR 190 Rationality and Competition.
- Vincent Meisner & Jonas von Wangenheim, 2021. "School Choice and Loss Aversion," CRC TR 224 Discussion Paper Series crctr224_2021_312, University of Bonn and University of Mannheim, Germany.
- Vincent Meisner & Jonas von Wangenheim, 2021. "School Choice and Loss Aversion," CESifo Working Paper Series 9479, CESifo.
- Rosato, Antonio, 2017. "Sequential negotiations with loss-averse buyers," European Economic Review, Elsevier, vol. 91(C), pages 290-304.
- Benjamin Balzer & Antonio Rosato, 2021. "Expectations-Based Loss Aversion in Auctions with Interdependent Values: Extensive vs. Intensive Risk," Management Science, INFORMS, vol. 67(2), pages 1056-1074, February.
- Dato, Simon & Müller, Daniel & Grunewald, Andreas, 2015. "Expectation-Based Loss Aversion and Strategic Interaction," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112947, Verein für Socialpolitik / German Economic Association.
- Bnaya Dreyfuss & Ofer Glicksohn & Ori Heffetz & Assaf Romm, 2022. "Deferred Acceptance with News Utility," NBER Working Papers 30635, National Bureau of Economic Research, Inc.
- von Wangenheim, Jonas, 2017. "English versus Vickrey Auctions with Loss Averse Bidders," Rationality and Competition Discussion Paper Series 48, CRC TRR 190 Rationality and Competition.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Mezzetti, Claudio, 2008.
"Aversion to Price Risk and the Afternoon Effect,"
Economic Research Papers
269855, University of Warwick - Department of Economics.
- Mezzetti, Claudio, 2008. "Aversion to Price Risk and the Afternoon Effect," The Warwick Economics Research Paper Series (TWERPS) 857, University of Warwick, Department of Economics.
- Sanna Laksa & Daniel Marszalec, 2020. "Morning-Fresh: Declining Prices and the Right-to-Choose in a Faroese Fish Market," CIRJE F-Series CIRJE-F-1141, CIRJE, Faculty of Economics, University of Tokyo.
- Dejan Trifunovic, 2014. "Sequential Auctions And Price Anomalies," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 59(200), pages 7-42, January –.
- Tibor Neugebauer & Paul Pezanis-Christou, 2003.
"Bidding at Sequential First-Price Auctions with(out) Supply Uncertainty: A Laboratory Analysis,"
UFAE and IAE Working Papers
558.03, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Tibor Neugebauer & Paul Pezanis-Christou, 2003. "Bidding at Sequential First-Price Auctions with(out) Supply Uncertainty: a Laboratory Analysis," Working Papers 24, Barcelona School of Economics.
- Audrey Hu & Liang Zou, 2016. "Sequential Auctions with Generalized Interdependent Values," Tinbergen Institute Discussion Papers 16-016/I, Tinbergen Institute.
- Vincent Meisner & Jonas von Wangenheim, 2022. "Loss aversion in strategy-proof school-choice mechanisms," Papers 2207.14666, arXiv.org.
- Ginsburgh, V. & van Ours, J.C., 2003.
"How to Organize Sequential Auctions : Results of a Natural Experiment by Christie's,"
Discussion Paper
2003-25, Tilburg University, Center for Economic Research.
- Ginsburgh, V. & van Ours, J.C., 2003. "How to Organize Sequential Auctions : Results of a Natural Experiment by Christie's," Other publications TiSEM 01ec6d80-7501-441c-a60b-c, Tilburg University, School of Economics and Management.
- Victor Ginsburgh & Jan van Ours, 2007. "How to organize a sequential auction: results of a natural experiment by Christie's," ULB Institutional Repository 2013/5255, ULB -- Universite Libre de Bruxelles.
- Vishnu V. Narayan & Enguerrand Prebet & Adrian Vetta, 2019. "The Declining Price Anomaly is not Universal in Multi-Buyer Sequential Auctions (but almost is)," Papers 1905.00853, arXiv.org.
- Ghosh, Gagan & Liu, Heng, 2021. "Sequential auctions with ambiguity," Journal of Economic Theory, Elsevier, vol. 197(C).
- Rosato, Antonio & Tymula, Agnieszka A., 2019.
"Loss aversion and competition in Vickrey auctions: Money ain't no good,"
Games and Economic Behavior, Elsevier, vol. 115(C), pages 188-208.
- Rosato, Antonio & Tymula, Agnieszka, 2016. "Loss Aversion and Competition in Vickrey Auctions: Money Ain't No Good," MPRA Paper 69331, University Library of Munich, Germany.
- Rosato, Antonio & Tymula, Agnieszka A., 2016. "Loss Aversion and Competition in Vickrey Auctions: Money Ain't No Good," Working Papers 2016-09, University of Sydney, School of Economics.
- Orley Ashenfelter & Kathryn Graddy, 2003.
"Auctions and the Price of Art,"
Journal of Economic Literature, American Economic Association, vol. 41(3), pages 763-787, September.
- Kathryn Graddy & Orley Ashenfelter & Princeton University and NBER, 2002. "Auctions and the Price of Art," Economics Series Working Papers 131, University of Oxford, Department of Economics.
- Meisner, Vincent & von Wangenheim, Jonas, 2019.
"School Choice and Loss Aversion,"
Rationality and Competition Discussion Paper Series
208, CRC TRR 190 Rationality and Competition.
- Vincent Meisner & Jonas von Wangenheim, 2021. "School Choice and Loss Aversion," CESifo Working Paper Series 9479, CESifo.
- Vincent Meisner & Jonas von Wangenheim, 2021. "School Choice and Loss Aversion," CRC TR 224 Discussion Paper Series crctr224_2021_312, University of Bonn and University of Mannheim, Germany.
- Meisner, Vincent & von Wangenheim, Jonas, 2023. "Loss aversion in strategy-proof school-choice mechanisms," Journal of Economic Theory, Elsevier, vol. 207(C).
- Antonio Rosato, 2016.
"Selling substitute goods to loss-averse consumers: limited availability, bargains, and rip-offs,"
RAND Journal of Economics, RAND Corporation, vol. 47(3), pages 709-733, August.
- Rosato, Antonio, 2013. "Selling Substitute Goods to Loss-Averse Consumers: Limited Availability, Bargains and Rip-offs," MPRA Paper 47168, University Library of Munich, Germany.
- Tibor Neugebauer, 2005. "Bidding Strategies Of Sequential First Price Auctions Programmed By Experienced Bidders," Experimental 0503007, University Library of Munich, Germany.
- Rosato, Antonio, 2023. "Loss aversion in sequential auctions," Theoretical Economics, Econometric Society, vol. 18(2), May.
- Macera, Rosario, 2018. "Intertemporal incentives under loss aversion," Journal of Economic Theory, Elsevier, vol. 178(C), pages 551-594.
- Dato, Simon & Grunewald, Andreas & Müller, Daniel & Strack, Philipp, 2017. "Expectation-based loss aversion and strategic interaction," Games and Economic Behavior, Elsevier, vol. 104(C), pages 681-705.
- Peter Csoka & P. Jean-Jacques Herings, 2022. "Centralized clearing mechanisms: A programming approach," The Journal of Mechanism and Institution Design, Society for the Promotion of Mechanism and Institution Design, University of York, vol. 7(1), pages 45-69, December.
- Jong-Hee Hahn & Jinwoo Kim & Sang-Hyun Kim & Jihong Lee, 2018.
"Price discrimination with loss averse consumers,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 65(3), pages 681-728, May.
- Jong-Hee Hahn & Jinwoo Kim & Sang-Hyun Kim & Jihong Lee, 2016. "Price Discrimination with Loss Averse Consumers," Working papers 2016rwp-97, Yonsei University, Yonsei Economics Research Institute.
More about this item
Keywords
Reference-Dependent Preferences; Loss Aversion; Sequential Auctions; Afternoon Effect.;All these keywords.
JEL classification:
- D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
- D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CTA-2014-06-28 (Contract Theory and Applications)
- NEP-EXP-2014-06-28 (Experimental Economics)
- NEP-MIC-2014-06-28 (Microeconomics)
- NEP-UPT-2014-06-28 (Utility Models and Prospect Theory)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:56824. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.