Showing 1 - 10 of 95
theory of auctions shows that it is unlikely that successful buyers as a group were injured. …
Persistent link: https://www.econbiz.de/10005047917
theory of auctions shows that it is unlikely that successful buyers as a group were injured. …
Persistent link: https://www.econbiz.de/10005548018
Competition in some product markets takes the form of a contest. If some firms cooperate in such markets, they must decide how to allocate effort on each of their products and whether to reduce the number of their products in the competition. We show how this decision depends on the convexity...
Persistent link: https://www.econbiz.de/10010307019
Competition in some product markets takes the form of a contest. If some firms cooperate in such markets, they must decide how to allocate effort on each of their products and whether to reduce the number of their products in the competition. We show how this decision depends on the convexity...
Persistent link: https://www.econbiz.de/10009367922
estimates in auctions. We then look at whether items that fail at auction subsequently return less than items that have not …
Persistent link: https://www.econbiz.de/10014023803
collusion with Christie`s, the other great public auction house, was actually engineered. Contrary to the way the proceeds from … the collusion, but that sellers were. In addition, based on the public record of settlement, it appears that the … auctions, much of it in response to empirical findings, and we review three key findings. First, the evidence suggests that art …
Persistent link: https://www.econbiz.de/10005090695
This paper tests for reference dependence, using data from Impressionist and Contemporary Art auctions. We distinguish …
Persistent link: https://www.econbiz.de/10005051134
This paper presents an empirical study of paintings that have failed to meet their reserve price at auction. In the art trade it is often claimed that when an advertised item goes unsold at auction, its future value will be affected. We have constructed a new dataset specifically for the purpose...
Persistent link: https://www.econbiz.de/10005051155
Persistent link: https://www.econbiz.de/10010505316
Persistent link: https://www.econbiz.de/10012148966