HIGHLIGHTS
- who: JB from the Graduate School of Business, UC Berkeley Haas School, University offrom Oil and Gas Drilling in Gulf of Mexico have published the research: The Effect of Peer Information, in the Journal: (JOURNAL)
- what: BHCOST, BHOP, and BHNPV are winsorized at the 1st and 99th percentiles for the purposes of this table. The specific parameterization of the model described here is a trivial extension of the parameterization studied by Avery and Kagel , so I refer the reader to their appendix for a proof of the claims regarding equilibrium bidding strategies. The model makes . . .
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