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Paintings and Numbers : An Econometric Investigation of Sales Rates, Prices and Returns in Latin American Art Auctions
Campos, Nauro F. - 2020
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/10012705816
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The Impact of Scoring Weights on Price and Quality Outcomes : An Application to the Procurement of Welfare-to-Work Contracts
Koning, Pierre - 2013
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/10013088652
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Charters Without Lotteries : Testing Takeovers in New Orleans and Boston
Abdulkadiroglu, Atila - 2015
Lottery estimates suggest oversubscribed urban charter schools boost student achievement markedly. But these estimates needn't capture treatment effects for students who haven't applied to charter schools or for students attending charters for which demand is weak. This paper reports estimates...
Persistent link: https://www.econbiz.de/10013023765
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Bidding for Talent : A Test of Conduct in a High-Wage Labor Market
Roussille, Nina; Scuderi, Benjamin - 2023
We develop a procedure for adjudicating between models of firm wage-setting conduct. Using data on workers' choice sets and decisions over real jobs from a U.S. job search platform, we first estimate workers' rankings over firms' non-wage amenities. We document three key findings: 1) On average,...
Persistent link: https://www.econbiz.de/10014345572
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Multiple Applications, Competing Mechanisms, and Market Power
Albrecht, James - 2019
We consider a labor market with search frictions in which workers make multiple applications and firms can post and commit to general mechanisms that may be conditioned both on the number of applications received and on the number of offers received by its candidate. When the contract space...
Persistent link: https://www.econbiz.de/10012864863
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'Buy-it-Now' or 'Sell-it-Now' Auctions : Effects of Changing Bargaining Power in Sequential Trading Mechanisms
Grebe, Tim - 2015
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 … offline markets. Despite very different strategic implications for buyers and sellers, results from our experiment suggest no …
Persistent link: https://www.econbiz.de/10013009500
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Search Frictions, Competing Mechanisms and Optimal Market Segmentation
Cai, Xiaoming - 2016
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/10012990861
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Publish or Perish? Incentives and Careers in Italian Academia
Checchi, Daniele - 2014
We derive a theoretical model of effort in the presence of career concern based on the multi-unit all-pay auction, and …
Persistent link: https://www.econbiz.de/10013049745
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Lotteries vs. All-Pay Auctions in Fair and Biased Contests
Epstein, Gil S. - 2012
-type endogenously determined lottery is always superior to an all-pay-auction; it yields larger expected efforts (revenues) for the … optimal lottery is equal to his expected payoff under the optimal all-pay auction …
Persistent link: https://www.econbiz.de/10013096475
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Job Search with Bidder Memories
Carrillo-Tudela, Carlos - 2009
This paper revisits the no-recall assumption in job search models with take-it-or-leave-it offers. Workers who can recall previously encountered potential employers in order to engage them in Bertrand bidding have a distinct advantage over workers without such attachments. Firms account for this...
Persistent link: https://www.econbiz.de/10013157530