Eklöf et al., 2003 - Google Patents
Open outcry auctions with secret reserve prices: an empirical application to executive auctions of tenant owner's apartments in SwedenEklöf et al., 2003
- Document ID
- 1155620926862551657
- Author
- Eklöf M
- Lunander A
- Publication year
- Publication venue
- Journal of Econometrics
External Links
Snippet
This paper considers an open outcry auction with a secret reserve price within the independent private-values paradigm. The theoretical model is mapped into an econometric specification and the distribution of private values is estimated. The objective is to quantify …
- 241001466737 Scopus 0 description 13
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- G06Q30/00—Commerce, e.g. shopping or e-commerce
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