Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10000944193
Persistent link: https://www.econbiz.de/10001226238
We study the order of sale in art auctions. The final bid relative to the auctioneer's estimated price declines throughout the course of an auction. A theoretical model shows that in an auction ordered by declining valuation, even in the presence of risk-neutral strategic bidders, the price...
Persistent link: https://www.econbiz.de/10014221358
Persistent link: https://www.econbiz.de/10003381053
Persistent link: https://www.econbiz.de/10003361978
Persistent link: https://www.econbiz.de/10003818295
Persistent link: https://www.econbiz.de/10003863225