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

Colin F. Camerer, Salvatore Nunnari, Thomas R. Palfrey. Quantal response and nonequilibrium beliefs explain overbidding in maximum-value auctions. Games and Economic Behavior, 98:243-263, 2016. [doi]

Authors

Colin F. Camerer

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Salvatore Nunnari

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Thomas R. Palfrey

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