relation: https://publications.ut-capitole.fr/id/eprint/2350/
title: Star-Shaped Probability Weighting Functions and Overbidding in First-Price Auctions
creator: Armantier, Olivier
creator: Treich, Nicolas
subject: B- ECONOMIE ET FINANCE
description: There is a debate about whether risk aversion is the main source of overbidding in a first-price independent private values auction. As an alternative, we adopt a non-expected utility framework, and identify an interpretable property on the probability weighting function which always induces overbidding.
publisher: Elsevier
date: 2009-08
type: Article
type: PeerReviewed
format: text
language: fr
identifier: https://publications.ut-capitole.fr/id/eprint/2350/1/armantier_2350.pdf
identifier:   Armantier, Olivier and Treich, Nicolas <https://www.idref.fr/176599940>  (2009) Star-Shaped Probability Weighting Functions and Overbidding in First-Price Auctions.    Economics Letters, 104 (2).  pp. 83-85.       
relation: http://tse-fr.eu/pub/20593
relation: 10.1016/j.econlet.2009.04.016
identifier: 10.1016/j.econlet.2009.04.016
doi: 10.1016/j.econlet.2009.04.016
language: en