{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,2,23]],"date-time":"2026-02-23T20:16:55Z","timestamp":1771877815844,"version":"3.50.1"},"reference-count":31,"publisher":"Elsevier BV","issue":"2","license":[{"start":{"date-parts":[[2003,2,1]],"date-time":"2003-02-01T00:00:00Z","timestamp":1044057600000},"content-version":"tdm","delay-in-days":0,"URL":"https:\/\/www.elsevier.com\/tdm\/userlicense\/1.0\/"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Journal of Economic Theory"],"published-print":{"date-parts":[[2003,2]]},"DOI":"10.1016\/s0022-0531(03)00031-0","type":"journal-article","created":{"date-parts":[[2003,4,25]],"date-time":"2003-04-25T02:16:19Z","timestamp":1051236979000},"page":"345-364","source":"Crossref","is-referenced-by-count":81,"title":["Bidding for the future: signaling in auctions with an aftermarket"],"prefix":"10.1016","volume":"108","author":[{"given":"Jacob K.","family":"Goeree","sequence":"first","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"78","reference":[{"key":"10.1016\/S0022-0531(03)00031-0_BIB1","doi-asserted-by":"crossref","first-page":"345","DOI":"10.2307\/2297563","article-title":"Strategic delays in bargaining","volume":"54","author":"Admati","year":"1987","journal-title":"Rev. Econom. Stud."},{"issue":"2","key":"10.1016\/S0022-0531(03)00031-0_BIB2","doi-asserted-by":"crossref","first-page":"303","DOI":"10.1016\/0304-405X(89)90060-3","article-title":"Signaling by underpricing in the IPO market","volume":"23","author":"Allen","year":"1989","journal-title":"J. Financial Econom."},{"key":"10.1016\/S0022-0531(03)00031-0_BIB3","doi-asserted-by":"crossref","first-page":"350","DOI":"10.1006\/jeth.1998.2400","article-title":"Logconcavity versus logconvexity","volume":"80","author":"An","year":"1998","journal-title":"J. Econom. Theory"},{"issue":"3","key":"10.1016\/S0022-0531(03)00031-0_BIB4","doi-asserted-by":"crossref","first-page":"327","DOI":"10.1016\/0899-8256(92)90043-R","article-title":"Simultaneous signaling through investment in an R&D game with private information","volume":"4","author":"Aoki","year":"1992","journal-title":"Games Econom. Behav."},{"key":"10.1016\/S0022-0531(03)00031-0_BIB5","series-title":"The Rate and Direction of Inventive Activity","article-title":"Economic welfare and the allocation of resources for inventions","author":"Arrow","year":"1962"},{"issue":"2","key":"10.1016\/S0022-0531(03)00031-0_BIB6","doi-asserted-by":"crossref","first-page":"185","DOI":"10.1111\/1467-937X.00041","article-title":"Strategic jump bidding in English auctions","volume":"65","author":"Avery","year":"1998","journal-title":"Rev. Econom. Stud."},{"key":"10.1016\/S0022-0531(03)00031-0_BIB7","doi-asserted-by":"crossref","first-page":"311","DOI":"10.1093\/rfs\/2.3.311","article-title":"Auctions with resale markets","volume":"3","author":"Bikhchandani","year":"1989","journal-title":"Rev. Financial Studies"},{"issue":"1","key":"10.1016\/S0022-0531(03)00031-0_BIB8","doi-asserted-by":"crossref","first-page":"44","DOI":"10.1006\/game.1993.1003","article-title":"A signaling theory of congressional oversight","volume":"5","author":"Cameron","year":"1993","journal-title":"Games Econom. Behav."},{"issue":"1","key":"10.1016\/S0022-0531(03)00031-0_BIB9","doi-asserted-by":"crossref","first-page":"25","DOI":"10.2307\/2938239","article-title":"Aggregation and imperfect competition","volume":"59","author":"Caplin","year":"1991","journal-title":"Econometrica"},{"key":"10.1016\/S0022-0531(03)00031-0_BIB10","doi-asserted-by":"crossref","first-page":"179","DOI":"10.2307\/1885060","article-title":"Signaling games and stable equilibria","volume":"102","author":"Cho","year":"1987","journal-title":"Q. J. Econom."},{"key":"10.1016\/S0022-0531(03)00031-0_BIB11_1","doi-asserted-by":"crossref","first-page":"431","DOI":"10.1162\/105864097567165","article-title":"Money out of thin air","volume":"6","author":"Cramton","year":"1997","journal-title":"J. Econom. Man. Strategy"},{"key":"10.1016\/S0022-0531(03)00031-0_BIB11A","doi-asserted-by":"crossref","unstructured":"G. Das Varma, Bidding for a process innovation under alternative modes of competition, Int. J. Ind. Organ. (2003), forthcoming.","DOI":"10.1016\/S0167-7187(02)00035-8"},{"issue":"2","key":"10.1016\/S0022-0531(03)00031-0_BIB12","first-page":"361","article-title":"The fat-cat effect, the puppy-dog ploy, and the lean and hungry look","volume":"74","author":"Fudenberg","year":"1984","journal-title":"Amer. Econom. Rev."},{"key":"10.1016\/S0022-0531(03)00031-0_BIB13","unstructured":"P.A. Haile, Auctions with private uncertainty and resale opportunities, J. Econom. Theory, forthcoming."},{"key":"10.1016\/S0022-0531(03)00031-0_BIB14","doi-asserted-by":"crossref","first-page":"84","DOI":"10.2307\/2555793","article-title":"Strategic nonparticipation","volume":"27","author":"Jehiel","year":"1996","journal-title":"RAND J. Econom."},{"key":"10.1016\/S0022-0531(03)00031-0_BIB15","first-page":"814","article-title":"How (not) to sell nuclear weapons","volume":"86","author":"Jehiel","year":"1996","journal-title":"Amer. Econom. Rev."},{"issue":"4","key":"10.1016\/S0022-0531(03)00031-0_BIB16","doi-asserted-by":"crossref","first-page":"768","DOI":"10.2307\/2696358","article-title":"Auctions with downstream interaction among buyers","volume":"31","author":"Jehiel","year":"2001","journal-title":"RAND J. Econom."},{"key":"10.1016\/S0022-0531(03)00031-0_BIB17","series-title":"Handbook of Game Theory","article-title":"Patent licensing","author":"Kamien","year":"1992"},{"key":"10.1016\/S0022-0531(03)00031-0_BIB18","doi-asserted-by":"crossref","first-page":"471","DOI":"10.2307\/1885693","article-title":"Fees versus royalties and the private value of a patent","volume":"101","author":"Kamien","year":"1986","journal-title":"Q. J. Econom."},{"key":"10.1016\/S0022-0531(03)00031-0_BIB19","doi-asserted-by":"crossref","first-page":"483","DOI":"10.1016\/0304-4068(92)90036-7","article-title":"Optimal licensing of cost reducing innovations","volume":"21","author":"Kamien","year":"1992","journal-title":"J. Math. Econom."},{"key":"10.1016\/S0022-0531(03)00031-0_BIB20","doi-asserted-by":"crossref","first-page":"504","DOI":"10.2307\/2555509","article-title":"On the licensing of innovations","volume":"16","author":"Katz","year":"1985","journal-title":"RAND J. Econom."},{"key":"10.1016\/S0022-0531(03)00031-0_BIB21_1","doi-asserted-by":"crossref","first-page":"567","DOI":"10.2307\/1885697","article-title":"How to license intangible property","volume":"101","author":"Katz","year":"1986","journal-title":"Q. J. Econom."},{"key":"10.1016\/S0022-0531(03)00031-0_BIB21A","doi-asserted-by":"crossref","unstructured":"B. Katzman, M. Rhodes-Kropf, The consequences of information revealed in auctions, working paper, 2002, Columbia University.","DOI":"10.2139\/ssrn.287576"},{"issue":"2","key":"10.1016\/S0022-0531(03)00031-0_BIB22","doi-asserted-by":"crossref","first-page":"373","DOI":"10.1016\/0022-0531(88)90137-8","article-title":"An abstract two-period game with simultaneous signaling\u2014existence of separating equilibria","volume":"46","author":"Mailath","year":"1988","journal-title":"J. Econom. Theory"},{"key":"10.1016\/S0022-0531(03)00031-0_BIB23","doi-asserted-by":"crossref","first-page":"417","DOI":"10.2307\/2937856","article-title":"Simultaneous signaling in a oligopoly model","volume":"104","author":"Mailath","year":"1989","journal-title":"Q. J. Econom."},{"key":"10.1016\/S0022-0531(03)00031-0_BIB24","doi-asserted-by":"crossref","first-page":"280","DOI":"10.1016\/0022-0531(82)90031-X","article-title":"Predation, reputation, and entry deterrence","volume":"27","author":"Milgrom","year":"1982","journal-title":"J. Econom. Theory"},{"issue":"4","key":"10.1016\/S0022-0531(03)00031-0_BIB25","doi-asserted-by":"crossref","first-page":"798","DOI":"10.1086\/261408","article-title":"Price and advertising signals of product quality","volume":"94","author":"Milgrom","year":"1986","journal-title":"J. Political Econom."},{"issue":"5","key":"10.1016\/S0022-0531(03)00031-0_BIB26","doi-asserted-by":"crossref","first-page":"1089","DOI":"10.2307\/1911865","article-title":"A theory of auctions and competitive bidding","volume":"50","author":"Milgrom","year":"1982","journal-title":"Econometrica"},{"key":"10.1016\/S0022-0531(03)00031-0_BIB27","series-title":"Introduction to the Theory of Statistics","author":"Mood","year":"1974"},{"key":"10.1016\/S0022-0531(03)00031-0_BIB28","doi-asserted-by":"crossref","first-page":"432","DOI":"10.1257\/jel.39.2.432","article-title":"Silver signals","volume":"39","author":"Riley","year":"2001","journal-title":"J. Econom. Lit."},{"key":"10.1016\/S0022-0531(03)00031-0_BIB29","doi-asserted-by":"crossref","first-page":"355","DOI":"10.2307\/1882010","article-title":"Job market signaling","volume":"87","author":"Spence","year":"1973","journal-title":"Q. J. Econom."}],"container-title":["Journal of Economic Theory"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/api.elsevier.com\/content\/article\/PII:S0022053103000310?httpAccept=text\/xml","content-type":"text\/xml","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/api.elsevier.com\/content\/article\/PII:S0022053103000310?httpAccept=text\/plain","content-type":"text\/plain","content-version":"vor","intended-application":"text-mining"}],"deposited":{"date-parts":[[2020,3,18]],"date-time":"2020-03-18T10:00:41Z","timestamp":1584525641000},"score":1,"resource":{"primary":{"URL":"https:\/\/linkinghub.elsevier.com\/retrieve\/pii\/S0022053103000310"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2003,2]]},"references-count":31,"journal-issue":{"issue":"2","published-print":{"date-parts":[[2003,2]]}},"alternative-id":["S0022053103000310"],"URL":"https:\/\/doi.org\/10.1016\/s0022-0531(03)00031-0","relation":{},"ISSN":["0022-0531"],"issn-type":[{"value":"0022-0531","type":"print"}],"subject":[],"published":{"date-parts":[[2003,2]]}}}