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at a fixed price before an auction. In the "Buy-It-Now" format, the seller has the bargaining power and offers a price … prior to the auction; whereas in the "Sell-It-Now" format, it is the buyer. Both formats are extensively used in online and … auction. …
Persistent link: https://www.econbiz.de/10011407823
In many markets, sellers advertise their good with an asking price. This is a price at which the seller is willing to take his good off the market and trade immediately, though it is understood that a buyer can submit an offer below the asking price and that this offer may be accepted if the...
Persistent link: https://www.econbiz.de/10009696885
in predicting whether or not an artwork sells at auction, (3) there is little supporting evidence for the widespread …
Persistent link: https://www.econbiz.de/10003688791
This paper assesses the effects of changes in scoring weights in auctions, using a unique sample of biddings of private Welfare-to-Work (WTW) organizations to reintegrate groups of unemployed and disabled workers. WTW-organizations did not only bid on prices, but also received points for three...
Persistent link: https://www.econbiz.de/10009683192
. Interestingly, we find that the required degree of production complementarity for positive sorting is increasing in the number of …
Persistent link: https://www.econbiz.de/10012583359
connections at the expense of higher procurement costs. -- Procurement auction ; collusion ; public works ; time in office …
Persistent link: https://www.econbiz.de/10003962924
We investigate the emergence of discrimination in an experiment where individuals affiliated to different groups compete for a monetary prize, submitting independent bids to an auctioneer. The auctioneer receives perfect information about the bids (i.e. there is no statistical discrimination),...
Persistent link: https://www.econbiz.de/10009523534
. In our environment, sellers achieve this by posting an auction with a reserve price equal to their own valuation, along …
Persistent link: https://www.econbiz.de/10010387737
experiment in which buyers and sellers trade a fictitious good in double auction markets. A per-unit tax is imposed on sellers …
Persistent link: https://www.econbiz.de/10010350418
In a market in which sellers compete for heterogeneous buyers by posting mechanisms, we analyze how the properties of the meeting technology affect the allocation of buyers to sellers. We show that a separate submarket for each type of buyer is the efficient outcome if and only if meetings are...
Persistent link: https://www.econbiz.de/10011476548