Auction Theory and Practice Evidence from the Market for Jewellery
AbstractWe consider data on jewellery sold in English public auctions between June 1993 and May 1994 at Credit Municipal de Paris. We present the underlying model of this market derived from a "hedonic price equation".
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Bibliographic InfoPaper provided by Universite Aix-Marseille III in its series G.R.E.Q.A.M. with number 96b05.
Length: 16 pages
Date of creation: 1996
Date of revision:
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AUCTIONS; TESTS; MODELS; PRICES;
Find related papers by JEL classification:
- C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection
- D44 - Microeconomics - - Market Structure and Pricing - - - Auctions
- Z10 - Other Special Topics - - Cultural Economics - - - General
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- Orley Ashenfelter & Kathryn Graddy, 2002.
"Art Auctions: A Survey of Empirical Studies,"
NBER Working Papers
8997, National Bureau of Economic Research, Inc.
- Ashenfelter, Orley C & Graddy, Kathryn, 2002. "Art Auctions: A Survey of Empirical Studies," CEPR Discussion Papers 3387, C.E.P.R. Discussion Papers.
- Orley Ashenfelter & Kathryn Graddy, 2002. "Art Auctions: A Survey of Empirical Studies," Working Papers 121, Princeton University, Department of Economics, Center for Economic Policy Studies..
- repec:ebl:ecbull:v:26:y:2006:i:5:p:1-10 is not listed on IDEAS
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"Auctions and the Price of Art,"
Economics Series Working Papers
131, University of Oxford, Department of Economics.
- Alan Beggs & Kathryn Graddy, 2006.
"Failure to Meet the Reserve Price: The Impact on Returns to Art,"
Economics Series Working Papers
272, University of Oxford, Department of Economics.
- Alan Beggs & Kathryn Graddy, 2008. "Failure to meet the reserve price: the impact on returns to art," Journal of Cultural Economics, Springer, vol. 32(4), pages 301-320, December.
- Beggs, Alan & Graddy, Kathryn, 2006. "Failure to Meet the Reserve Price: The Impact on Returns to Art," CEPR Discussion Papers 5811, C.E.P.R. Discussion Papers.
- Tibor Neugebauer, 2005. "Bidding Strategies Of Sequential First Price Auctions Programmed By Experienced Bidders," Experimental 0503007, EconWPA.
- 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.
- 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.
- Ginsburgh, V. & Ours, J.C. van, 2003. "How to Organize Sequential Auctions: Results of a Natural Experiment by Christie's," Discussion Paper 2003-25, Tilburg University, Center for Economic Research.
- Calin Valsan & Robert Sproule, 2008. "Reservation Prices And Pre-Auction Estimates: A Study In Abstract Art," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 10(24), pages 257-272, June.
- Calin Valsan & Robert Sproule, 2006. "Hedonic Models and Pre-Auction Estimates: Abstract Art Revisited," Economics Bulletin, AccessEcon, vol. 26(5), pages 1-10.
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