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Sophisticated Bidders in Beauty-Contest Auctions Online Appendix
| Content Provider | Semantic Scholar |
|---|---|
| Author | Galavotti, Stefano Moretti, Luigi Valbonesi, Paola |
| Copyright Year | 2017 |
| Abstract | This Online Appendix contains additional material that complements the paper “Sophisticated Bidders in Beauty-Contest Auctions”. In particular: Section A and B contain the proofs of Proposition 1 and 2, respectively; Section C presents the results of a simulation exercise that support the theoretical predictions of the Cognitive Hierarchy model; Section D contains additional descriptive and inferential evidence that is discussed in the empirical part of the paper. ∗Department of Economics and Management, University of Padova, Via del Santo 33, 35123 Padova, Italy. Email: stefano.galavotti@unipd.it. †Centre d'Economie de la Sorbonne, Université Paris 1 Panthéon-Sorbonne, 106-112 Bvd de l'Hôpital, 75013 Paris, France. Email: luigi.moretti@univ-paris1.fr. ‡Department of Economics and Management, University of Padova, Via del Santo 33, 35123 Padova, Italy; Higher School of Economics, National Research University, Moscow-Perm, Russia. Email: paola.valbonesi@unipd.it. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://assets.aeaweb.org/assets/production/files/5768.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |