Testing Vickery’s Revenue Equivalence Theory in Construction Auctions
Author:
Affiliation:
1. Associate Professor, Dept. of Building and Real Estate, Hong Kong Polytechnic Univ. Kowloon, Hong Kong. E-mail:
2. Professor, School of Construction Management and Property, Queensland Univ. of Technology, Brisbane, Australia. E-mail:
Publisher
American Society of Civil Engineers (ASCE)
Subject
Strategy and Management,Industrial relations,Building and Construction,Civil and Structural Engineering
Link
http://ascelibrary.org/doi/pdf/10.1061/%28ASCE%290733-9364%282006%29132%3A4%28425%29
Reference16 articles.
1. I Won the Auction But Don't Want the Prize
2. Bidding in Common Value Auctions: How the Commercial Construction Industry Corrects for the Winner's Curse
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