Search Results for "the-winner-s-curse"

Valuation

Valuation

Avoiding the Winner's Curse

  • Author: Kenneth R. Ferris,Barbara S. Pécherot Petitt
  • Publisher: FT Press
  • ISBN: 9780130348043
  • Category: Business & Economics
  • Page: 225
  • View: 1565
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InValuation: Avoiding the Winner's Curse, authors Kenneth R. Ferris and Barbara S. Pecherot Petitt will help you master both the science and the art of M&A valuation. Concise, realistic, and easy to use, it brings together the field's best "rules of thumb," compares every leading traditional and alternative approach, presents examples and case studies from many industries, and offers practical solutions for today's key accounting, reporting, and tax-related challenges.

Common Value Auctions and the Winner's Curse

Common Value Auctions and the Winner's Curse

  • Author: John H. Kagel,Dan Levin
  • Publisher: Princeton University Press
  • ISBN: 9781400830138
  • Category: Business & Economics
  • Page: 424
  • View: 6113
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Few forms of market exchange intrigue economists as do auctions, whose theoretical and practical implications are enormous. John Kagel and Dan Levin, complementing their own distinguished research with papers written with other specialists, provide a new focus on common value auctions and the "winner's curse." In such auctions the value of each item is about the same to all bidders, but different bidders have different information about the underlying value. Virtually all auctions have a common value element; among the burgeoning modern-day examples are those organized by Internet companies such as eBay. Winners end up cursing when they realize that they won because their estimates were overly optimistic, which led them to bid too much and lose money as a result. The authors first unveil a fresh survey of experimental data on the winner's curse. Melding theory with the econometric analysis of field data, they assess the design of government auctions, such as the spectrum rights (air wave) auctions that continue to be conducted around the world. The remaining chapters gauge the impact on sellers' revenue of the type of auction used and of inside information, show how bidders learn to avoid the winner's curse, and present comparisons of sophisticated bidders with college sophomores, the usual guinea pigs used in laboratory experiments. Appendixes refine theoretical arguments and, in some cases, present entirely new data. This book is an invaluable, impeccably up-to-date resource on how auctions work--and how to make them work.

The Winner's Curse

The Winner's Curse

  • Author: Marie Rutkoski
  • Publisher: A&C Black
  • ISBN: 1408858215
  • Category: Juvenile Fiction
  • Page: 368
  • View: 1931
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As a general's daughter in a vast empire that revels in war and enslaves those it conquers, Kestrel has two choices: she can join the military or get married. Kestrel has other ideas. One day, she is startled to find a kindred spirit in Arin, a young slave up for auction. Following her instinct, Kestrel buys him - and for a sensational price that sets the society gossips talking. It's not long before she has to hide her growing love for Arin. But he, too, has a secret and Kestrel quickly learns that the price she paid for him is much higher than she ever could have imagined. The first novel in a stunning new trilogy, The Winner's Curse is a story of romance, rumours and rebellion, where dirty secrets and careless alliances can be deadly – and everything is at stake.

The Winner's Curse

The Winner's Curse

Paradoxes and Anomalies of Economic Life

  • Author: Richard Thaler
  • Publisher: Simon and Schuster
  • ISBN: 1451697872
  • Category: Business & Economics
  • Page: 240
  • View: 9635
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Winner of the Nobel Memorial Prize in Economic Sciences Richard Thaler challenges the received economic wisdom by revealing many of the paradoxes that abound even in the most painstakingly constructed transactions. He presents literate, challenging, and often funny examples of such anomalies as why the winners at auctions are often the real losers—they pay too much and suffer the "winner's curse"—why gamblers bet on long shots at the end of a losing day, why shoppers will save on one appliance only to pass up the identical savings on another, and why sports fans who wouldn't pay more than $200 for a Super Bowl ticket wouldn't sell one they own for less than $400. He also demonstrates that markets do not always operate with the traplike efficiency we impute to them.

Beware the Winner's Curse

Beware the Winner's Curse

Victories that Can Sink You and Your Company

  • Author: G. Anandalingam,Henry C. Lucas
  • Publisher: Oxford University Press on Demand
  • ISBN: 0195177401
  • Category: Business & Economics
  • Page: 242
  • View: 8610
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'Beware the Winner's Curse' shows how hubris and badly aligned financial incentives lead managers to aggressively pursue victories, and end up worse off as a result. It explores recent disasters in business, sports, and entertainment, and offers concrete steps that managers can take to avoid encountering the curse.

The Winner's Curse and the Failure of the Law of Demand

The Winner's Curse and the Failure of the Law of Demand

  • Author: Jeremy Bulow,Paul Klemperer
  • Publisher: N.A
  • ISBN: N.A
  • Category: Supply and demand
  • Page: 41
  • View: 4508
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The Winner's Curse: Chapters 1-5

The Winner's Curse: Chapters 1-5

  • Author: Marie Rutkoski
  • Publisher: Farrar, Straus and Giroux (BYR)
  • ISBN: 1466860359
  • Category: Young Adult Fiction
  • Page: 42
  • View: 7204
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Download the first five chapters of THE WINNER'S CURSE by Marie Rutkoski! Winning what you want may cost you everything you love... As a general's daughter in a vast empire that revels in war and enslaves those it conquers, seventeen-year-old Kestrel has two choices: she can join the military or get married. But Kestrel has other intentions. One day, she is startled to find a kindred spirit in a young slave up for auction. Arin's eyes seem to defy everything and everyone. Following her instinct, Kestrel buys him—with unexpected consequences. It's not long before she has to hide her growing love for Arin. But he, too, has a secret, and Kestrel quickly learns that the price she paid for a fellow human is much higher than she ever could have imagined. Set in a richly imagined new world, The Winner's Curse is a story of deadly games where everything is at stake, and the gamble is whether you will keep your head or lose your heart.

The Winner's Kiss

The Winner's Kiss

  • Author: Marie Rutkoski
  • Publisher: Farrar, Straus and Giroux (BYR)
  • ISBN: 0374384746
  • Category: Young Adult Fiction
  • Page: 336
  • View: 5112
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War has begun. Arin is in the thick of it, with the East as his ally and the empire as his enemy. He's finally managed to dismiss the memory of Kestrel, even if he can't quite forget her. Kestrel turned into someone he could no longer recognize: someone who cared more for the empire than for the lives of innocent people-and certainly more than she cared for him. At least, that's what he thinks. But far north lies a work camp where Kestrel is a prisoner. Can she manage to escape before she loses herself? As the war intensifies, both Kestrel and Arin discover unexpected roles in battle, terrible secrets, and a fragile hope. The world is changing. The East is pitted against the West, and Kestrel and Arin are caught between. In a game like this, can anybody really win?