Nothing Special   »   [go: up one dir, main page]
create a website
Bidding Rings and the Winners Curse: The Case of Federal Offshore Oil and Gas Lease Auctions. (2003). Tan, Guofu ; Porter, Robert ; Hendricks, Ken .
In: NBER Working Papers.
RePEc:nbr:nberwo:9836.

Full description at Econpapers || Download paper

Cited: 9

Citations received by this document

Cites: 28

References cited by this document

Cocites: 52

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Central counterparty auction design. (2017). Ferrara, Gerardo ; Li, Xin.
    In: Bank of England working papers.
    RePEc:boe:boeewp:0669.

    Full description at Econpapers || Download paper

  2. The performance of corporate alliances: Evidence from oil and gas drilling in the Gulf of Mexico. (2013). Beshears, John.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:110:y:2013:i:2:p:324-346.

    Full description at Econpapers || Download paper

  3. A Study of the Internal Organization of a Bidding Cartel. (2010). Asker, John.
    In: American Economic Review.
    RePEc:aea:aecrev:v:100:y:2010:i:3:p:724-62.

    Full description at Econpapers || Download paper

  4. On bidding markets: the role of competition. (2008). Loyola, Gino.
    In: UC3M Working papers. Economics.
    RePEc:cte:werepe:we083318.

    Full description at Econpapers || Download paper

  5. Bidding rings and the winners curse. (2008). Tan, Guofu ; Porter, Robert ; Hendricks, Ken .
    In: RAND Journal of Economics.
    RePEc:bla:randje:v:39:y:2008:i:4:p:1018-1041.

    Full description at Econpapers || Download paper

  6. Getting Big Too Fast: Strategic Dynamics with Increasing Returns and Bounded Rationality. (2007). BEINHOCKER, ERIC D. ; Henderson, Rebecca ; Newman, Lee I. ; Sterman, John D..
    In: Management Science.
    RePEc:inm:ormnsc:v:53:y:2007:i:4:p:683-696.

    Full description at Econpapers || Download paper

  7. Bidding Markets. (2005). Klemperer, Paul.
    In: Law and Economics.
    RePEc:wpa:wuwple:0508007.

    Full description at Econpapers || Download paper

  8. Do Vertical Mergers Facilitate Upstream Collusion? Second Version. (2005). Nocke, Volker ; White, Lucy .
    In: PIER Working Paper Archive.
    RePEc:pen:papers:05-013.

    Full description at Econpapers || Download paper

  9. Detecting Collusion. (2005). Porter, Robert.
    In: Review of Industrial Organization.
    RePEc:kap:revind:v:26:y:2005:i:2:p:147-167.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. [1] Athey, S., K. Bagwell, and C. Sanchirico (2002), Collusion and Price Rigidity, mimeo.
    Paper not yet in RePEc: Add citation now
  2. [10] Gaskins, D. and B. Vann (1976), Joint Buying and the Sellers Return: The Case of OCS Lease Sales, in Energy Industry Investigation, Hearings Before the Subcommittee on Monopolies and Commercial Law of the Committee on the Judiciary, House of Representatives, Ninety-Fourth Congress, U.S. Government Printing House, Washington, D.C., 207-235.
    Paper not yet in RePEc: Add citation now

  3. [11] Gilley, O.W., G. Karels, and R. Lyon (1985), Joint Ventures and Offshore Oil Lease Sales, Economic Inquiry, 24, 321-339.

  4. [12] Graham, D. and R. Marshall (1987), Collusive Bidder Behavior at Single-Object Second-Price and English Auctions, Journal of Political Economy, 95(6), 12171239. 31

  5. [13] Hendricks, K. and R. Porter (1992), Joint Bidding in the Federal OCS Auctions, American Economic Review, 82, 506-511.

  6. [14] Hendricks, K. and R. Porter (1996), Joint Bidding and Entry in Federal Offshore Oil and Gas Lease Auctions, mimeo.
    Paper not yet in RePEc: Add citation now

  7. [15] Hendricks, K., R. Porter and J. Pinkse (2003), Empirical Implications of Equilibrium Bidding in First-Price, Symmetric, Common Value Auctions, Review of Economic Studies, 70(1), 33-58.

  8. [16] Jackson, M. 0. and H. F. Sonnenschein (2003), The Linking of Collective Decisions and Efficiency, mimeo.

  9. [17] Klemperer P. (1998), Auctions with Almost Common Values: The ~Wallet Game and its Applications, European Economic Review, 42, 757-769.

  10. [18] Laffont, J.J. and Q. Vuong (1996), Structural Analysis of Auction Data, American Economic Review, 86(2), 414-420.

  11. [19] Mailath, G. and P. Zemsky (1991), Collusion in Second Price Auctions with Heterogeneous Bidders, Games and Economic Behavior, 3(4), 467-503.

  12. [2] Athey, S. and K. Bagwell (2001), Optimal Collusion with Private Information, Rand Journal of Economics, 32(3), 428-465.

  13. [20] Mead, W. J. (1968), The Competitive Significance of Joint Ventures, Antitrust Bulletin, 12, 819-49.
    Paper not yet in RePEc: Add citation now

  14. [22] McAfee, R.P. and J. McMillan (1992), Bidding rings, American Economic Review, 82(3), 579-599.

  15. [23] Milgrom, P. and R. Weber (1982), A Theory of Auctions and Competitive Bidding, Econometrica, 50, 1089-1122.

  16. [24] Myerson, R., (1981), Optimal Auction Design, Mathematics of Operations Research, 6, 58-73.

  17. [25] Pesendorfer, M. (2000), A Study of Collusion in First-Price Auctions, Review of Economic Studies, 67, 381-411.

  18. [26] Porter, R. (1995), The Role of Information in U.S. Offshore Oil and Gas Lease Auctions, Econometrica, 63(1), 1-27. 32

  19. [27] Porter, R. and D. Zona (1993), Detection of Bid Rigging in Procurement Auctions, Journal of Political Economy, 101, 5 18-538.

  20. [28] Porter, R. and D. Zona (1999), Ohio School Milk Markets: An Analysis of Bidding, RAND Journal of Economics, 30, 263-88.

  21. [29] Rockwood, A. (1983), The Impact of Joint Ventures on the Market for OCS Oil and Gas Leases, Journal of Industrial Economics, 31, 453-466.

  22. [3] Baldwin, L., R. Marshall and J.F. Richard (1997), Bidder Collusion at Forest Service Timber Sales, Journal of Political Economy, 105, 657-699.

  23. [30] Wilson, R. (1977), A Bidding Model of Perfect Competition, Review of Economic Studies, 44, 511-518.

  24. [4] Bulow, J. and P. Klemperer (2002), Prices and the Winners Curse, RAND Journal of Economics, 33(1), 1-21.

  25. [5] Campo, I. Perrigne, and Q. Vuong (2001), Asymmetry in First-Price Auctions with Affiliated Private Values, Journal of Applied Econometrics, forthcoming.
    Paper not yet in RePEc: Add citation now

  26. [7] Cramton, P. and T. Palfrey (1990), Cartel Enforcement with Uncertainty about Costs, International Economic Review, 31(1), 17-48.

  27. [8] Cramton, P. and T. Palfrey (1995), Ratifiable Mechanisms: Learning from Disagreement, Games and Economic Behavior, 10(2), 255-283.

  28. [9] Erickson, E.W. and R.M. Spann (1974), An Analysis of the Competitive Effects of Joint Ventures in the Bidding for Tracts in OCS Offshore Lease Sales, in Market Performance and Competition in the Oil Industry, Hearings Before the Special Subcommittee on Integrated Oil Operations of the Senate Committee on Interior and Insular Affairs, U.S. Government Printing House, Washington, D.C.
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. An externality-robust auction: Theory and experimental evidence. (2016). Netzer, Nick ; Bartling, Bjorn.
    In: Games and Economic Behavior.
    RePEc:eee:gamebe:v:97:y:2016:i:c:p:186-204.

    Full description at Econpapers || Download paper

  2. An Externality-Robust Auction: Theory and Experimental Evidence. (2014). Netzer, Nick ; Bartling, Björn.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_4771.

    Full description at Econpapers || Download paper

  3. Bidder collusion at first-price auctions. (2011). Marx, Leslie ; Sun, Peng ; Lopomo, Giuseppe.
    In: Review of Economic Design.
    RePEc:spr:reecde:v:15:y:2011:i:3:p:177-211.

    Full description at Econpapers || Download paper

  4. Harsanyi power solutions for graph-restricted games. (2011). van den Brink, Rene ; van der Laan, Gerard ; Pruzhansky, Vitaly .
    In: International Journal of Game Theory.
    RePEc:spr:jogath:v:40:y:2011:i:1:p:87-110.

    Full description at Econpapers || Download paper

  5. Core stable bidding rings in independent private value auctions with externalities. (2011). Biran, Omer.
    In: MPRA Paper.
    RePEc:pra:mprapa:32164.

    Full description at Econpapers || Download paper

  6. Core stable bidding rings in independent private value auctions with externalities. (2011). Biran, Omer.
    In: Working Papers.
    RePEc:hal:wpaper:halshs-00608008.

    Full description at Econpapers || Download paper

  7. Fighting collusion in auctions: An experimental investigation. (2011). Onderstal, Sander ; Hu, Audrey ; Offerman, Theo.
    In: International Journal of Industrial Organization.
    RePEc:eee:indorg:v:29:y:2011:i:1:p:84-96.

    Full description at Econpapers || Download paper

  8. Core-stable rings in auctions with independent private values. (2011). Forges, Francoise ; Biran, Omer.
    In: Games and Economic Behavior.
    RePEc:eee:gamebe:v:73:y:2011:i:1:p:52-64.

    Full description at Econpapers || Download paper

  9. Strategic manipulations and collusions in Knaster procedure: a comment. (2010). Corradi, Corrado.
    In: MPRA Paper.
    RePEc:pra:mprapa:28678.

    Full description at Econpapers || Download paper

  10. Simple collusive agreements in one-shot first-price auctions. (2010). Tauman, Yair ; Kivetz, Gil .
    In: Games and Economic Behavior.
    RePEc:eee:gamebe:v:69:y:2010:i:1:p:138-149.

    Full description at Econpapers || Download paper

  11. Auctions and corruption: An analysis of bid rigging by a corrupt auctioneer. (2010). Wolfstetter, Elmar ; Lengwiler, Yvan.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:34:y:2010:i:10:p:1872-1892.

    Full description at Econpapers || Download paper

  12. Core-stable Rings in Auctions with Independent Private Values. (2010). Forges, Francoise ; Biran, Omer.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_3067.

    Full description at Econpapers || Download paper

  13. Worst-case optimal redistribution of VCG payments in multi-unit auctions. (2009). Guo, Mingyu ; Conitzer, Vincent .
    In: Games and Economic Behavior.
    RePEc:eee:gamebe:v:67:y:2009:i:1:p:69-98.

    Full description at Econpapers || Download paper

  14. Mediators in position auctions. (2009). Monderer, Dov ; Tennenholtz, Moshe ; Ashlagi, Itai.
    In: Games and Economic Behavior.
    RePEc:eee:gamebe:v:67:y:2009:i:1:p:2-21.

    Full description at Econpapers || Download paper

  15. The effect of bidders asymmetries on expected revenue in auctions. (2008). Cantillon, Estelle.
    In: ULB Institutional Repository.
    RePEc:ulb:ulbeco:2013/9001.

    Full description at Econpapers || Download paper

  16. Ignorance Is Bliss: Matching in Auctions with an Uninformed Seller. (2008). Lamping, Jennifer.
    In: MPRA Paper.
    RePEc:pra:mprapa:24374.

    Full description at Econpapers || Download paper

  17. Controlling collusion in auctions: The role of ceilings and reserve prices. (2008). Roy Chowdhury, Prabal.
    In: Economics Letters.
    RePEc:eee:ecolet:v:98:y:2008:i:3:p:240-246.

    Full description at Econpapers || Download paper

  18. EFFECTS OF ASYMMETRY ON EX ANTE CORRUPTION AT AUCTIONS. (2008). Ko, evket Alper .
    In: Bogazici Journal, Review of Social, Economic and Administrative Studies.
    RePEc:boz:journl:v:22:y:2008:i:1+2:p:17-33.

    Full description at Econpapers || Download paper

  19. Auctions with Financial Externalities. (2007). Onderstal, Sander ; Maasland, Emiel.
    In: Economic Theory.
    RePEc:spr:joecth:v:32:y:2007:i:3:p:551-574.

    Full description at Econpapers || Download paper

  20. Collusion Via Resale. (2007). Zheng, Charles ; Garratt, Rodney ; Troger, Thomas.
    In: Staff General Research Papers Archive.
    RePEc:isu:genres:12829.

    Full description at Econpapers || Download paper

  21. Null or nullifying players: The difference between the Shapley value and equal division solutions. (2007). van den Brink, Rene.
    In: Journal of Economic Theory.
    RePEc:eee:jetheo:v:136:y:2007:i:1:p:767-775.

    Full description at Econpapers || Download paper

  22. Efficient collusion in optimal auctions. (2007). Dequiedt, Vianney.
    In: Journal of Economic Theory.
    RePEc:eee:jetheo:v:136:y:2007:i:1:p:302-323.

    Full description at Econpapers || Download paper

  23. Bidder collusion. (2007). Marx, Leslie ; Marshall, Robert.
    In: Journal of Economic Theory.
    RePEc:eee:jetheo:v:133:y:2007:i:1:p:374-402.

    Full description at Econpapers || Download paper

  24. Ratifiability of efficient collusive mechanisms in second-price auctions with participation costs. (2007). Yilankaya, Okan ; Tan, Guofu.
    In: Games and Economic Behavior.
    RePEc:eee:gamebe:v:59:y:2007:i:2:p:383-396.

    Full description at Econpapers || Download paper

  25. Controlling Collusion in Auctions: The Role of Ceilings and Reserve Prices. (2006). Roy Chowdhury, Prabal.
    In: MPRA Paper.
    RePEc:pra:mprapa:1503.

    Full description at Econpapers || Download paper

  26. Participation fees vs. reserve prices in auctions with asymmetric or colluding buyers. (2005). Kirkegaard, Rene.
    In: Economics Letters.
    RePEc:eee:ecolet:v:89:y:2005:i:3:p:328-332.

    Full description at Econpapers || Download paper

  27. Bribing and signaling in second price auctions. (2004). Schummer, James ; Eso, Peter.
    In: Games and Economic Behavior.
    RePEc:eee:gamebe:v:47:y:2004:i:2:p:299-324.

    Full description at Econpapers || Download paper

  28. Strategic Ex-ante Contracts: Rent-Extraction and Opportunity Costs. (2004). Hua, Xinyu .
    In: Econometric Society 2004 North American Summer Meetings.
    RePEc:ecm:nasm04:564.

    Full description at Econpapers || Download paper

  29. A Rent Extraction Theory of Right of First Refusal. (2004). Choi, Albert.
    In: Econometric Society 2004 Far Eastern Meetings.
    RePEc:ecm:feam04:759.

    Full description at Econpapers || Download paper

  30. Collusion via Signalling in Simultaneous Ascending Bid Auctions with Heterogeneous Objects, with and without Complementarities. (2004). Lopomo, Giuseppe (Pino) ; Brusco, Sandro.
    In: Levine's Bibliography.
    RePEc:cla:levrem:122247000000000385.

    Full description at Econpapers || Download paper

  31. Millers, Commission Agents and Collusion in Grain Auction Markets: Evidence from Basmati Auctions in North India. (2004). Meenakshi, J.V. ; Banerji, A..
    In: Working papers.
    RePEc:cde:cdewps:129.

    Full description at Econpapers || Download paper

  32. Collusion-proof implementation of optimal mechanisms. (2004). Che, Yeon-Koo ; Kim, J..
    In: Working papers.
    RePEc:att:wimass:20044.

    Full description at Econpapers || Download paper

  33. Bidding Rings and the Winners Curse: The Case of Federal Offshore Oil and Gas Lease Auctions. (2003). Tan, Guofu ; Porter, Robert ; Hendricks, Ken .
    In: NBER Working Papers.
    RePEc:nbr:nberwo:9836.

    Full description at Econpapers || Download paper

  34. Asymmetry in first-price auctions with affiliated private values. (2003). Perrigne, Isabelle ; Campo, Sandra ; Vuong, Quang.
    In: Journal of Applied Econometrics.
    RePEc:jae:japmet:v:18:y:2003:i:2:p:179-207.

    Full description at Econpapers || Download paper

  35. Collusive Bidding in the FCC Spectrum Auctions. (2002). Cramton, Peter ; Schwartz, Jesse .
    In: Papers of Peter Cramton.
    RePEc:pcc:pccumd:02collude.

    Full description at Econpapers || Download paper

  36. Collusion in private value ascending price auctions. (2002). Sherstyuk, Katerina.
    In: Journal of Economic Behavior & Organization.
    RePEc:eee:jeborg:v:48:y:2002:i:2:p:177-195.

    Full description at Econpapers || Download paper

  37. Optimal Repeated Auction with Tacit Collusion (joint with Atila Abdulkadiroglu). (2002). Chung, Kim-Sau.
    In: Theory workshop papers.
    RePEc:cla:uclatw:357966000000000093.

    Full description at Econpapers || Download paper

  38. Formation dune entente dans un appel doffres au premier prix et risque de détection exogène. (2001). Brisset, Karine.
    In: Recherches économiques de Louvain.
    RePEc:cai:reldbu:rel_674_0405.

    Full description at Econpapers || Download paper

  39. Competitive Bidding in Auctions with Private and Common Values. (2000). Goeree, Jacob ; JacobK. Goeree, ; Offerman, Theo.
    In: Tinbergen Institute Discussion Papers.
    RePEc:tin:wpaper:20000044.

    Full description at Econpapers || Download paper

  40. Collusive Bidding in the FCC Spectrum Auctions. (2000). Cramton, Peter ; Schwartz, Jesse .
    In: Econometric Society World Congress 2000 Contributed Papers.
    RePEc:ecm:wc2000:1210.

    Full description at Econpapers || Download paper

  41. Competitive Bidding in Auctions with Private and Common Values. (1999). Offerman, Theo ; Goeree, Jacob.
    In: Virginia Economics Online Papers.
    RePEc:vir:virpap:337.

    Full description at Econpapers || Download paper

  42. Collusive Bidding: Lessons from the FCC Spectrum Auctions. (1999). Cramton, Peter ; Schwartz, Jesse .
    In: Papers of Peter Cramton.
    RePEc:pcc:pccumd:00jre.

    Full description at Econpapers || Download paper

  43. Collusion in a Model of Repeated Auctions. (1999). Robert, J. ; Johnson, P..
    In: Cahiers de recherche.
    RePEc:mtl:montde:9909.

    Full description at Econpapers || Download paper

  44. Asymmetric private values auctions with application to joint bidding and mergers. (1999). Waehrer, Keith.
    In: International Journal of Industrial Organization.
    RePEc:eee:indorg:v:17:y:1999:i:3:p:437-452.

    Full description at Econpapers || Download paper

  45. Théorie des jeux et économie empirique : le cas des données issues denchères. (1998). Laffont, Jean-Jacques .
    In: Économie et Prévision.
    RePEc:prs:ecoprv:ecop_0249-4744_1998_num_132_1_5904.

    Full description at Econpapers || Download paper

  46. Enchères et externalités. (1998). Jehiel, Philippe.
    In: Économie et Prévision.
    RePEc:prs:ecoprv:ecop_0249-4744_1998_num_132_1_5901.

    Full description at Econpapers || Download paper

  47. Money Out of Thin Air: The Nationwide Narrowband PCS Auction. (1998). Cramton, Peter.
    In: Papers of Peter Cramton.
    RePEc:pcc:pccumd:95jems.

    Full description at Econpapers || Download paper

  48. Package Bidding for Spectrum Licenses. (1997). Wilson, Robert ; Vincent, Daniel ; Milgrom, Paul ; McMillan, John ; Cramton, Peter ; Miller, Bradley ; Mitchell, Bridger.
    In: Papers of Peter Cramton.
    RePEc:pcc:pccumd:97cra1b.

    Full description at Econpapers || Download paper

  49. A Survey of Noncooperative Game Theory with Reference to Agricultural Markets: Part 2. Potential Applications in Agriculture. (1994). Sexton, Richard J..
    In: Review of Marketing and Agricultural Economics.
    RePEc:ags:remaae:12484.

    Full description at Econpapers || Download paper

  50. Detecting Collusion in Procurement Auctions: A Selective Survey of Recent Research. (0000). Summers, Garrett ; Bajari, Patrick.
    In: Working Papers.
    RePEc:wop:stanec:01014.

    Full description at Econpapers || Download paper

  52. Too much cocited documents. This list is not complete

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2024-12-21 05:27:29 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.