4ROCK Kevin. Why New Issues are Underpficed[ J]. Journal of Financial Economics, 1986, 15 (1 -2) : 187 -212.
5GOETZMANN William, SPIEGEL Matthew. Private Value Components, and the Winner's Curse in An Art Index[ J]. European Economic Re- view, 1995, 39(3 -4) : 549 -555.
6TSE Manrice, PRETORIUS Frederik, CHAU K. Market Sentiments, Winner's Curse and Bidding Outcome in Land Auctions[ J]. The Journal of Real Estate Finance and Economics, 2011,42(3) : 247 -274.
7STIGLITZ Joseph E, WEISS Andrew. Credit Rationing in Markets with Imperfect Information. [ J ]. American Economic Review, 1981,71 (3) : 393 - 410.
8BAZERMAN Max H, SAMUELSON William. I Won the Auction but Don' t Want the Prize[J]. Journal of Conflict Resolution, 1983, 27(4) : 618 -634.
9ROLL Richard. The Hubris Hypothesis of Corporate Takeovers[ J]. Journal of Business, 1986, 59 (2) : 197 - 216.
10THALER Richard H. Anomalies: the Winners Curse[ J]. Journal of Economic Perspectives, 1988, 2( 1 ): 191 -202.