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Buy or Wait, That is the Option. The Buyer’s Option in Sequential Laboratory Auctions Author info | Abstract | Publisher info | Download info | Related research | Statistics Philippe Fevrier ; Laurent Linnemer ; Michael Visser (Crest)
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Paper provided by Centre de Recherche en Economie et Statistique in its series Working Papers with number
2001-30.
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Date of creation: 2001Date of revision:
Handle: RePEc:crs:wpaper:2001-30Contact details of provider: Postal: 15 Boulevard Gabriel Peri 92245 Malakoff Cedex Phone: 01 41 17 60 81 Web page: http://www.crest.fr More information through EDIRC
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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.: 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.
Gerard J. van den Berg & Jan C. van Ours & Menno P. Pradhan, 2001.
"The Declining Price Anomaly in Dutch Dutch Rose Auctions ,"
American Economic Review ,
American Economic Association, vol. 91(4), pages 1055-1062, September.
[Downloadable!] (restricted)
Kagel, John H & Levin, Dan, 2001.
"Behavior in Multi-unit Demand Auctions: Experiments with Uniform Price and Dynamic Vickrey Auctions ,"
Econometrica ,
Econometric Society, vol. 69(2), pages 413-54, March.
Branco, Fernando, 1997.
"Sequential auctions with synergies: An example ,"
Economics Letters ,
Elsevier, vol. 54(2), pages 159-163, February.
[Downloadable!] (restricted)
Burns, Penny, 1985.
"Market structure and buyer behaviour : Price adjustment in a multi-object progressive oral auction ,"
Journal of Economic Behavior & Organization ,
Elsevier, vol. 6(3), pages 275-300, September.
[Downloadable!] (restricted)
Philippe Février & William Roos & Michael Visser, 2005.
"The Buyer's Option in Multi-Unit Ascending Auctions: The Case of Wine Auctions at Drouot ,"
Journal of Economics & Management Strategy ,
Blackwell Publishing, vol. 14(4), pages 813-847, December.
[Downloadable!] (restricted)
Other versions: Kagel, John H & Harstad, Ronald M & Levin, Dan, 1987.
"Information Impact and Allocation Rules in Auctions with Affiliated Private Values: A Laboratory Study ,"
Econometrica ,
Econometric Society, vol. 55(6), pages 1275-1304, November.
[Downloadable!] (restricted)
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)
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.
[Downloadable!] (restricted)
Kagel, John H & Levin, Dan, 1993.
"Independent Private Value Auctions: Bidder Behaviour in First-, Second- and Third-Price Auctions with Varying Numbers of Bidders ,"
Economic Journal ,
Royal Economic Society, vol. 103(419), pages 868-79, July.
[Downloadable!] (restricted)
Other versions: Kagel, John H. & Levin, Dan, 2005.
"Multi-unit demand auctions with synergies: behavior in sealed-bid versus ascending-bid uniform-price auctions ,"
Games and Economic Behavior ,
Elsevier, vol. 53(2), pages 170-207, November.
[Downloadable!] (restricted)
Nagel, Rosemarie, 1995.
"Unraveling in Guessing Games: An Experimental Study ,"
American Economic Review ,
American Economic Association, vol. 85(5), pages 1313-26, December.
[Downloadable!] (restricted)
Robert J. Weber, 1981.
"Multiple-Object Auctions ,"
Discussion Papers
496, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
[Downloadable!]
Claude Montmarquette & Jacques Robert, 1999.
"Sequential Auctions with Multi-Unit Demand: Theory, Experiments and Simulations ,"
CIRANO Working Papers
99s-46, CIRANO.
[Downloadable!]
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
0409, Laboratoire d'Economie Appliquee, INRA.
[Downloadable!]
Other versions: Leufkens, Kasper & Peeters, Ronald & Vorsatz, Marc, 2006.
"Sequential auctions with synergies: An experimental analysis ,"
Research Memoranda
040, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization.
[Downloadable!]
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