This paper contains a review of the burgeoning research that has been designed to shed light on how the art auction … are fairly long periods in which art prices may diverge across geographic areas and even auction houses. Third, we review … collusion with Christie's, the other great public auction house, was actually engineered. Contrary to the way the proceeds from …

drop in foreign producer surplus relative to free trade. Previous estimates of auction revenue are in the range of $3 7 … auction revenue is $1 3-2.15 billion, and the foreign loss is $0.5-O.7 billion relative to free trade. One alternative to … auction quotas is a system of tariff-rate quotas, which are designed to keep supplier countries welfare equal to that in free …

We explore the implications of ownership concentration for the recently-concluded incentive auction that re …. We show that in the reverse auction, in which TV stations bid to relinquish their licenses, multi-license owners have an …