The Spite Motive and Equilibrium Behavior in Auctions

By John Morgan, K. Steiglitz, George Reis. 2003

173 citations recorded by the source corpus.

Subfields: Management Science and Operations Research, Marketing, Safety Research

View Paper: https://www.semanticscholar.org/paper/db5dec74a3f0422c69cbe232998364684ce22166

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Management Science and Operations Research

1. Richard Engelbrecht-Wiggans
2. Elena Katok
3. Ernan Haruvy
4. David J. Cooper
5. Hanming Fang
6. Xuanming Su
7. Jaideep Roy
8. Sujoy Chakravarty

In Marketing

1. Richard Engelbrecht-Wiggans
2. Elena Katok
3. Ernan Haruvy
4. David J. Cooper
5. Hanming Fang
6. Jaideep Roy
7. Sujoy Chakravarty

In Safety Research

1. Richard Engelbrecht-Wiggans
2. Elena Katok
3. Ernan Haruvy
4. David J. Cooper
5. Hanming Fang
6. Xuanming Su
7. Jaideep Roy
8. Sujoy Chakravarty

Citations in the corpus

• Regret in auctions: theory and evidence (2007, background): “Note that this utility function is general enough to admit, for example, concerns for social utility (see Bolton and Ockenfels 2000) or spite (Morgan et al. 2003), and the general argument requires neither independent types nor privately-known values; specifically, a bidder’s value may be a function”
• A Comparison of Buyer-Determined and Price-Based Multiattribute Mechanisms (2007, methodology): “…explain some aspects of behavior using direction learning theory (Neugebauer and Selten 2006), impulse balance equilibrium (Ockenfels and Selten 2005), hierarchical models of others (Gneezy 2005), spiteful bidding (Morgan et al. 2003), and sensitivity to regret (EngelbrechtWiggans and Katok 2007).”
• Understanding Overbidding In Second Price Auctions: An Experimental Study (2008, methodology): “Morgan et al. (2003) incorporates bidder i0s spite motives into her payo function as follows:”