Paredes, Ricardo D.; Crisosto, Andrés; Martí, Philippe - In: Estudios de economía 41 (2014) 2, pp. 171-186
Using a sample of 680 and 1,300 judicial and private auctions respectively, we analyze the effect on the wealth of … those the law is intended to protect of different regulations applicable to each type of auctions. We find that consistent … with a simple economic model, Courts assign judicial auctions in a discretional manner, and that the assigned auctioneers …
