Concepedia

Efficiency Under Common Values

Efficiency Under Common Values is a theoretical framework in auction theory that specifies the conditions under which an auction mechanism maximizes allocative efficiency when bidders share interdependent valuations and information is asymmetrically distributed among them.

31

Publications

1.6K

Citations

54

Authors

44

Institutions

Publications per year

2017–2026

3

Parents

Publications

31

Auctions with almost common values: The `Wallet Game' and its applications

Paul Klemperer · European Economic Review · 1998 · 357 citations

, , +13

Data envelopment analysis with common weights: the compromise solution approach

Chiang Kao, H-T Hung · Journal of the Operational Research Society · 2005 · 262 citations

, , +9

Bargaining with common values

Daniel R. Vincent · Journal of Economic Theory · 1989 · 134 citations

, , +8

Efficiency in Auctions with Private and Common Values: An Experimental Study

Jacob K. Goeree, Theo Offerman · American Economic Review · 2002 · 133 citations · Full text

, , +16

Signaling and Election Motivations in a Voting Model with Common Values and Responsive Candidates

Ronny Razin · Econometrica · 2003 · 126 citations

, , +15

1–5 of 31

Authors

54

  1. AM
    Alejandro M. Manelli

    Arizona State University, United States

    2 publications · 46 citations

    2

    h-index

  2. LD
    Lieven De Moor

    Vrije Universiteit Brussel, Belgium

    2 publications · 47 citations

    2

    h-index

  3. MS
    Martín Sefton

    University of Nottingham, United Kingdom

    2 publications · 46 citations

    2

    h-index

  4. JK
    Jacob K. Goeree

    University of Virginia, United States

    2 publications · 174 citations

    2

    h-index

  5. FV
    Filip Van den Bossche

    Hasselt University, Belgium

    2 publications · 47 citations

    2

    h-index

1–5 of 54

Institutions

44

  1. University of Nottingham

    Nottingham, United Kingdom

    2 h-index

    2 publications

    46 citations

  2. Arizona State University

    Tempe, United States

    2 h-index

    2 publications

    46 citations

  3. University of Southampton

    Southampton, United Kingdom

    2 h-index

    2 publications

    55 citations

  4. University of Amsterdam

    Amsterdam, The Netherlands

    2 h-index

    4 publications

    348 citations

  5. University of Oxford

    Oxford, United Kingdom

    2 h-index

    2 publications

    371 citations

  6. Centre for Economic Policy Research

    London, United Kingdom

    2 h-index

    3 publications

    44 citations

  7. Stanford University

    Stanford, United States

    2 h-index

    2 publications

    41 citations

  8. Northwestern University

    Evanston, United States

    1 h-index

    1 publications

    134 citations

1–8 of 44

Venues

  1. SSRN Electronic Journal

    Repository · 4 publications · 53 citations

    4

    h-index

  2. Journal of Economic Theory

    JET · 4 publications · 202 citations

    4

    h-index

  3. European Economic Review

    3 publications · 398 citations

    3

    h-index

  4. Journal of the Operational Research Society

    OR · 1 publications · 262 citations

    1

    h-index

  5. 1

    h-index

1–5