The Participant's Curse and the Perception of Unequal Treatment.
If participation is subject to congestion externalities then, conditional upon participation, the returns to activities are less than suggested by an unconditional valuation of returns. This phenomenon is investigated in general terms, and with respect to markets and auctions.
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| Format: | Journal article |
| Sprache: | English |
| Veröffentlicht: |
2007
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