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The Declining Price Anomaly in Dutch Dutch Rose Auctions Author info | Abstract | Publisher info | Download info | Related research | Statistics Gerard J. van den Berg
Jan C. van Ours
Menno P. Pradhan
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Article provided by American Economic Association in its journal American Economic Review .
Volume (Year): 91 (2001)
Issue (Month): 4 (September)
Pages: 1055-1062
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Handle: RePEc:aea:aecrev:v:91:y:2001:i:4:p:1055-1062Contact details of provider: Email: Web page: http://www.aeaweb.org/aer/ More information through EDIRC
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Keywords: References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.:
McAfee, R Preston & McMillan, John, 1987.
"Auctions and Bidding ,"
Journal of Economic Literature ,
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Ashenfelter, Orley & Genesove, David, 1992.
"Testing for Price Anomalies in Real-Estate Auctions ,"
American Economic Review ,
American Economic Association, vol. 82(2), pages 501-05, May.
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Orley Ashenfelter & David Genesove, 1992.
"Testing for Price Anomalies in Real Estate Auctions ,"
NBER Working Papers
4036, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Ashenfelter, O. & Genesove, D., 1992.
"Testing for Price Anomalies in Real Estate Auctions ,"
Working papers
92-2, Massachusetts Institute of Technology (MIT), Department of Economics.
Ashenfelter, O. & Genesove, D., 1992.
"Testing for Price Anomalies in real Estate Auctions ,"
Papers
128, Princeton, Department of Economics - Financial Research Center.
Black, Jane & De Meza, David, 1992.
"Systematic Price Differences between Successive Auctions Are No Anomaly ,"
Journal of Economics & Management Strategy ,
Blackwell Publishing, vol. 1(4), pages 607-28, Winter.
Berg, G.J. van den & Ours, J.C. van & Pradhan, M.P., 1999.
"Declining prices in the sequential dutch flower auction of roses ,"
Discussion Paper
52, Tilburg University, Center for Economic Research.
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Other versions: Engelbrecht-Wiggans, Richard, 1994.
"Sequential auctions of stochastically equivalent objects ,"
Economics Letters ,
Elsevier, vol. 44(1-2), pages 87-90.
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Branco, Fernando, 1997.
"Sequential auctions with synergies: An example ,"
Economics Letters ,
Elsevier, vol. 54(2), pages 159-163, February.
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Fl. Menezes & P.K.Monteiro, 1994.
"Sequential Asymmetric Auctions With Endogenous Participation ,"
Microeconomics
9402001, EconWPA, revised 09 Jun 1994.
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Bernhardt, Dan & Scoones, David, 1994.
"A Note on Sequential Auctions ,"
American Economic Review ,
American Economic Association, vol. 84(3), pages 653-57, June.
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Other versions: Robert J. Weber, 1981.
"Multiple-Object Auctions ,"
Discussion Papers
496, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
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Laffont, J.J., 1996.
"Game Theory and Empirical Economics: The Case of Auction Data ,"
Papers
95.394, Toulouse - GREMAQ.
Other versions: Wolfstetter, Elmar, 1996.
" Auctions: An Introduction ,"
Journal of Economic Surveys ,
Blackwell Publishing, vol. 10(4), pages 367-420, December.
Other versions: Ashenfelter, Orley, 1989.
"How Auctions Work for Wine and Art ,"
Journal of Economic Perspectives ,
American Economic Association, vol. 3(3), pages 23-36, Summer.
[Downloadable!] (restricted)
Gerard J. van den Berg & Jan C. van Ours & Menno P. Pradhan, 1999.
"Declining Prices in the Sequential Dutch Flower Auction of Roses ,"
Tinbergen Institute Discussion Papers
99-074/3, Tinbergen Institute.
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Alan Beggs & Kathryn Graddy, 1997.
"Declining Values and the Afternoon Effect: Evidence from Art Auctions ,"
RAND Journal of Economics ,
The RAND Corporation, vol. 28(3), pages 544-565, Autumn.
[Downloadable!] (restricted)
Other versions: Victor A. Ginsburgh, 1998.
"Absentee Bidders and the Declining Price Anomaly in Wine Auctions ,"
Journal of Political Economy ,
University of Chicago Press, vol. 106(6), pages 1302-1331, December.
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Chris Jones & Flavio Menezes & Francis Vella, 2004.
"Auction Price Anomalies: Evidence from Wool Auctions in Australia ,"
The Economic Record ,
The Economic Society of Australia, vol. 80(250), pages 271-288, 09.
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Other versions: Milgrom, Paul R & Weber, Robert J, 1982.
"A Theory of Auctions and Competitive Bidding ,"
Econometrica ,
Econometric Society, vol. 50(5), pages 1089-1122, September.
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Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Février Philippe & Roos William & Visser Michael, 2004.
"The buyer's option in multi-unit ascending auctions : the case of wine auctions at Drouot ,"
Research Unit Working Papers
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Other versions: Olivier Chanel & Stéphanie Vincent, 2004.
"Computing price trends in sequential auctions ,"
Recherches économiques de Louvain ,
De Boeck Université, vol. 70(4), pages 443-460.
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Other versions: Andrew Sweeting, 2008.
"Equilibrium Price Dynamics in Perishable Goods Markets: The Case of Secondary Markets for Major League Baseball Tickets ,"
NBER Working Papers
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Johannes Horner & Julian Jamison, 2006.
"Private Information in Sequential Common-Value Auctions ,"
Discussion Papers
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Rasim Ozcan, 2004.
"Sequential Auctions with Endogenously Determined Reserve Prices ,"
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Mezzetti, Claudio, 2008.
"Aversion to Price Risk and the Afternoon Effect ,"
The Warwick Economics Research Paper Series (TWERPS)
857, University of Warwick, Department of Economics.
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Février Philippe & Linnemer Laurent & Visser Michael, 2004.
"Buy or wait, that is the option : the buyer's option in sequential laboratory auctions ,"
Research Unit Working Papers
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Other versions: Emiel Maasland & Sander Onderstal, 2006.
"Going, Going, Gone! A Swift Tour of Auction Theory and its Applications ,"
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