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Bottom-Fishing and Declining Prices in Sequential Auctions

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Author Info
Gale Ian L.
Hausch Donald B.
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File URL: http://www.sciencedirect.com/science/article/B6WFW-45NJVWY-2/2/1964f66a6d826ce56bfb225328fc57d4
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Article provided by Elsevier in its journal Games and Economic Behavior.

Volume (Year): 7 (1994)
Issue (Month): 3 (November)
Pages: 318-331
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:eee:gamebe:v:7:y:1994:i:3:p:318-331

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  1. Goeree, Jacob & Plott, Charles & Wooders, John, 2003. "Bidders' choice auctions: Raising revenues through the right to choose," Working Papers 1181, California Institute of Technology, Division of the Humanities and Social Sciences. [Downloadable!]
    Other versions:
  2. 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 0409, Laboratoire d'Economie Appliquee, INRA. [Downloadable!]
    Other versions:
  3. Gerard Marty & Raphaele Preget, 2007. "A Socio-economic Analysis of French Public Timber Sales," Working Papers - Cahiers du LEF 2007-03, Laboratoire d'Economie Forestiere, AgroParisTech-INRA. [Downloadable!]
  4. Flavio Menezes & Paulo Klinger Monteiro, 1996. "Simultaneous Pooled Auctions," Microeconomics 9611001, EconWPA. [Downloadable!]
    Other versions:
  5. Andrew Sweeting, 2008. "Equilibrium Price Dynamics in Perishable Goods Markets: The Case of Secondary Markets for Major League Baseball Tickets," NBER Working Papers 14505, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  6. L. Picci & A. E. Scorcu, 1999. "Price Dynamics in sequential auctions. New evidence using art auction data," Working Papers 352, Dipartimento Scienze Economiche, Universita' di Bologna. [Downloadable!]
  7. Amar Cheema & Peter Leszczyc & Rajesh Bagchi & Richard Bagozzi & James Cox & Utpal Dholakia & Eric Greenleaf & Amit Pazgal & Michael Rothkopf & Michael Shen & Shyam Sunder & Robert Zeithammer, 2005. "Economics, Psychology, and Social Dynamics of Consumer Bidding in Auctions," Marketing Letters, Springer, vol. 16(3), pages 401-413, December. [Downloadable!] (restricted)
  8. Orley Ashenfelter & Kathryn Graddy, 2002. "Art Auctions: A Survey of Empirical Studies," NBER Working Papers 8997, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  9. Tibor Neugebauer & Paul Pezanis-Christou, 2003. "Bidding at Sequential First-Price Auctions with(out) Supply Uncertainty: A Laboratory Analysis," UFAE and IAE Working Papers 558.03, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC). [Downloadable!]
  10. Oliver Kirchkamp, & Eva Poen, & Philipp Reiß, 2006. "Outside options: Another reason to choose the first-price auction," CRIEFF Discussion Papers 0605, Centre for Research into Industry, Enterprise, Finance and the Firm. [Downloadable!]
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  11. Tibor Neugebauer, 2005. "Bidding Strategies Of Sequential First Price Auctions Programmed By Experienced Bidders," Experimental 0503007, EconWPA. [Downloadable!]
  12. 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. [Downloadable!]
  13. Kathryn Graddy & Orley Ashenfelter, 2002. "Auctions and the Price of Art," Economics Series Working Papers 131, University of Oxford, Department of Economics. [Downloadable!]
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  14. Carolyn Pitchik, 2008. "Budget-Constrained Sequential Auctions with Incomplete Information," Working Papers tecipa-342, University of Toronto, Department of Economics. [Downloadable!]
    Other versions:
  15. Peter Cramton, 1995. "Money Out of Thin Air: The Nationwide Narrowband PCS Auction," Papers of Peter Cramton 95jems, University of Maryland, Department of Economics - Peter Cramton, revised 09 Jun 1998. [Downloadable!]
    Other versions:
  16. Olivier Chanel & Stéphanie Vincent, 1999. "The Declining Price Effect in Sequential Auctions: What Theory Does Not Predict," CIE Discussion Papers 1999-13, University of Copenhagen. Department of Economics. Centre for Industrial Economics. [Downloadable!]
  17. Lucio Picci & Antonello Scorcu, 2003. "Bidders' and Sellers' Strategies in Sequential Auctions. New Evidence about the Afternoon Effect," Empirica, Springer, vol. 30(2), pages 163-178, June. [Downloadable!] (restricted)
  18. 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. [Downloadable!]
    Other versions:
  19. Sebastien Lecocq & Thierry Magnac & Marie-Claude Pichery & Michael Visser, 2004. "The impact of information on wine auction prices: results of an experiment," Research Unit Working Papers 0401, Laboratoire d'Economie Appliquee, INRA. [Downloadable!]
    Other versions:
  20. Stuart Kells, 2001. "Prices In Sequential Auctions: Preliminary Evidence From Australian Rare Book Auctions," Department of Economics - Working Papers Series 820, The University of Melbourne. [Downloadable!]
  21. Kfir Eliaz, 2003. "Creating competition out of thin air: Market thickening and right-to-choose auctions," Theory workshop papers 658612000000000047, UCLA Department of Economics. [Downloadable!]
    Other versions:
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