Background
HOLT, Charles A was born in 1948 in Richmond, Virginia, United States of America.
HOLT, Charles A was born in 1948 in Richmond, Virginia, United States of America.
Bachelor of Arts Washington and Lee University, 1970. Master of Science, Doctor of Philosophy Camegie-Mellon University, 1974, 1977.
Assistant Professor, Association Professor of Economics, University Minnesota, Minneapolis, Minnesota, 1976-1982, 1982-1983. Association Professor of Economics, University Virginia, Charlottesville, Virginia, United States of America, since 1983. Editorial Board, Atlantic Economics 7., since 1982.
Early work was mainly concerned with game theoretic models of bidding behaviour in auctions. The initial results pertaining to the effects of procurement contract provision on bidding behaviour are contained in Number.l above, which received the 1977 Savage Dissertation Award. The effects of alternative auction institutions were considered in subsequent papers.
The analysis of the effect of bidder risk aversion on expected procurement costs in the 1980 Journal of Political Economy paper was a generalisation of Vickrey’s earlier work on this topic.
Most recent work has focussed on behaviour in laboratory experiments. Current experimental research involves an analysis of factors that facilitate tacit collusion in oligopoly markets and reconsideration of convergence of prices to competitive levels in oral double auctions.