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...