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Asymmetric information and adverse selection in Mauritian slave auctions
Dionne, Georges; St.-Amour, Pascal; Vencatachellum, Désiré - 2008
Information asymmetry is a necessary prerequisite for testing adverse selection. This paper applies this sequence of tests to Mauritian slave auctions. Dynamic auction theory with private value highlights more aggressive bidding by uninformed bidders and higher prices when an informed...
Persistent link: https://www.econbiz.de/10003966182
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Asymmetric Information and Adverse Selection in Mauritian Slave Auctions
DIONNE, Georges; ST-AMOUR, Pascal; VENCATACHELLUM, Desire
Information asymmetry is a necessary prerequisite for testing adverse selection. This paper applies this sequence of tests to Mauritian slave auctions. Dynamic auction theory with private value highlights more aggressive bidding by uninformed bidders and higher prices when an informed...
Persistent link: https://www.econbiz.de/10005162961
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Information Asymmetry in Mauritius Slave Auctions
DIONNE, Georges; ST-AMOUR, Pascal; VENCATACHELLUM, Désiré - Départment d'économétrie et d'économie politique … - 2007
slave auctions in Mauritius between 1825 and 1835, involving 4,286 slaves. In addition to slave characteristics, the acts … case, pointing toward the presence of information asymmetry in the market for slaves in Mauritius. …
Persistent link: https://www.econbiz.de/10005518805
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Adverse Selection in the Market for Slaves in Mauritius, 1825-1835
Dionne, Georges; St-Amour, Pascal; Vencatachellum, Désiré - Centre Interuniversitaire sur le Risque, les Politiques … - 2006
public slave auctions in Mauritius between 1825 and 1835, involving 4,286 slaves. In addition to slave characteristics, the … that this is the case, pointing toward presence of residual adverse selection in the market for slaves in Mauritius. …
Persistent link: https://www.econbiz.de/10005670297
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Asymmetric Information and Adverse Selection inMauritian Slave Auctions
Dionne, Georges; St-Amour, Pascal; Vencatachellum, Désiré - 2008
Information asymmetry is a necessary prerequisite for testing adverse selection.This paper applies this sequence of tests to Mauritian slave auctions. Dynamicauction theory with private value highlights more aggressive bidding by uninformedbidders and higher prices when an informed participant...
Persistent link: https://www.econbiz.de/10005868840
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Slaves Prices from Succession and Bankruptcy Sales in Mauritius, 1825-1827
Chenny, Shirley; St-Amour, Pascal; Vencatachellum, Désiré - 2003
We construct a unique data set from succession and bankruptcy sales in Mauritius to investigate the determinants of … not think that slavery would be abolished in the near future or thought that they would be compensated in such an event …
Persistent link: https://www.econbiz.de/10014086573
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Asymmetric information and adverse selection in Mauritian slave auctions
Dionne, Georges; St.-Amour, Pascal; Vencatachellum, Désiré - In: The review of economic studies 76 (2009) 4, pp. 1269-1295
Persistent link: https://www.econbiz.de/10003881110
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Information asymmetry in Mauritius slave auctions
Dionne, Georges; St.-Amour, Pascal; Vencatachellum, Désiré - 2007
Persistent link: https://www.econbiz.de/10003596253
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Slave labor productivity and wine output : Stellenbosch : 1680-1828
Fourie, Johan; Greyling, Jan - In: Journal of wine economics 18 (2023) 3, pp. 191-204
This paper examines wine output and slave labor productivity in the Dutch and British Cape Colony, leveraging annual tax censuses. We document a substantial increase in wine production, but, despite substantial institutional changes over more than a century, we find surprisingly stable median...
Persistent link: https://www.econbiz.de/10014465436
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Slave Prices from Succession and Bankruptcy Sales in Mauritius, 1825--1827
Chenny, Shirley; St-Amour, Pascal; Vencatachellum, Désiré - Centre Interuniversitaire de Recherche en Analyse des … - 2002
We construct a unique data set from succession and bankruptcy sales in Mauritius to investigate the determinants of … not think that slavery would be abolished in the near future or thought that they would be compensated in such an event …
Persistent link: https://www.econbiz.de/10005100832