Auctioned and Re-auctioned Children in 19th Century Sweden

During the 19th century, poor and orphan Swedish children were boarded out. The foster-parents' compensation was determined in English auctions. Some children were re-auctioned. We use historical data from such auctions to study whether informational asymmetry and possibly adverse selection affected the outcome in the market for re-auctioned children. The empirical findings are consistent with adverse selection.

MoreLess

Year of publication:	1998-05-13
Authors:	Bergman, Mats ; Lundberg, Sofia
Institutions:	Institutionen för Nationalekonomi, Umeå Universitet
Subject:	Adverse selection \| asymmetric information \| common value \| English auction \| private values

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Series:	Umeå Economic Studies.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Umeå Economic Studies Number 468 29 pages
Classification:	D44 - Auctions ; N33 - Europe: Pre-1913
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005197992