Even Wall Street's biggest money managers overbid in the traditional dollar auction. (by Paul B. Farrell)

Argues that investors should stay away from hedge funds because of cognitive biases and the winner's curse. (by Jonathan Reiss)

Discusses why economic analysis of sport is becoming increasingly more common (by Sue Kirchhoff)

A clever argument, applying simple insights from auction theory, that lobbyists have less power than commonly imagined. (by Tim Harford)

Describes Google's and Yahoo's online auctions for ad space, delving into the theory of first- and second-price auctions, and the winner's curse.

In suggesting investors buy Johnson and Johnson, the article touches upon the winner's curse in takeover abttles. (by Pat Dorsey)

Major auction houses forced to play rock-paper-scissors over rights to auction eccentric millionaire's art. "Sotheby's decided to leave its decision to chance, and had no particular strategy." (by Lloyd Garver)

Major auction houses forced to play rock-paper-scissors over rights to auction eccentric millionaire's art. "Sotheby's decided to leave its decision to chance, and had no particular strategy." (by Carol Vogel)

Amusing article about how misspelled auction listings are less likely to be found and thus create an arbitrage opportunity. (by Diana Jean Schemo)

A leading auctioneer discusses the winner's curse, reflecting industry experience but only a vague, rudimentary view of auction theory (by Deb Weidenhamer)

Ticketmaster begins to sell some concert tickets through auctions attempting to appropriate some surplus currently going to scalpers. (by Leslie Walker)

Points out that online auctions are not a panacea, and warns against concentrating solely on price.

Food giant Mars Inc. applies game theory and auction theory to improve logistics and decrease shipping costs.

Financial auction markets are better predictors of world events, from terrorism to elections.

A concise introduction to auction theory, including auction types, the winner's curse, and the FCC Spectrum Auctions.

The winner's curse impacts auctions for telecom licenses. Effects could be reduced through transparency and information-sharing. (by Bhaskar Chakravorti)

Economists design market mechanisms including auctions and the National Resident Matching Program.

Overbidding in auctions and quantal response equilibria.

Examines the role of the winner's curse in auctions for cell phones and IPOs.

Argues for an unregulated radio spectrum, without auctions distributing licenses for cell phones. (by Chris Anderson)

Baseball players are like oil wells, in that poor bidding strategy for either leads to the winner's curse. (by David Marasco)

German auction for new-generation mobile licenses

Hospitals bidding for nurses find themselves in a prisoner's dilemma.

How the excitement of art auctions at sea leads participants to overbid and overpay.

Auctions are useful market allocation mechanisms when the reward is mostly monetary, but do poorly when the prize is of psychological value. (by John Kay)

Third generation (3G) cell phone services auction in Britain

Information and toeholds in auctions for UK soccer teams

Despite the popularity of online auction sites, auctions suffer from several shortcomings including the winner's curse and design issues. (by Peter Coy)

Internet auctions take a strange turn in allocating ova to highest bidders.

Summarizes the theory of first versus second and private versus common value auctions but also discusses the role of addiction to auctions.

How online auctions worsen the winner's curse by introducing more and more irrational bidders.

Suggests Shubik's dollar auction as a fun family activity (though offers no disclaimer to the likely feud that will result).

The new round of the FCC specrum auctions received low prices in some areas, due to bidding increment rules and relatively low turnout.