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Bidding Off the Wall: Why Reserve Prices May Be Kept Secret
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- Daniel Quint, 2017. "Common Values and Low Reserve Prices," Journal of Industrial Economics, Wiley Blackwell, vol. 65(2), pages 363-396, June.
- David Grether & David Porter & Matthew Shum, 2011. "Intimidation or Impatience? Jump Bidding in On-line Ascending Automobile Auctions," Working Papers 11-07, Chapman University, Economic Science Institute.
- Raphaële Préget & Patrick Waelbroeck, 2006.
"Un modèle d'estimation de la valeur des lots de bois à partir de résultats d'enchères avec invendus,"
Revue économique, Presses de Sciences-Po, vol. 57(3), pages 593-603.
- Raphaële Preget & Patrick Waelbroeck, 2005. "Un modèle d'estimation de la valeur des lots de bois à partir de résultats d'enchères avec invendus," Post-Print hal-01072444, HAL.
- Raphaële Preget & Patrick Waelbroeck, 2006. "Un modèle d'estimation de la valeur des lots de bois à partir de résultats d'enchères avec invendus," Post-Print hal-01072385, HAL.
- Gordy, Michael B, 1998.
"Computationally Convenient Distributional Assumptions for Common-Value Auctions,"
Computational Economics, Springer;Society for Computational Economics, vol. 12(1), pages 61-78, August.
- Michael B. Gordy, "undated". "Computationally Convenient Distributional Assumptions for Common Value Auctions," Finance and Economics Discussion Series 1997-05, Board of Governors of the Federal Reserve System (U.S.), revised 10 Dec 2019.
- Michael B. Gordy, 1997. "Computationally convenient distributional assumptions for common value auctions," Finance and Economics Discussion Series 1997-5, Board of Governors of the Federal Reserve System (U.S.).
- Laurent Lamy, 2013.
"“Upping the ante”: how to design efficient auctions with entry?,"
RAND Journal of Economics, RAND Corporation, vol. 44(2), pages 194-214, June.
- Laurent Lamy, 2010. ""Upping the ante": How to design efficient auctions with entry?," PSE Working Papers halshs-00564888, HAL.
- Laurent Lamy, 2013. ""Upping the ante": how to design efficient auctions with entry?," PSE-Ecole d'économie de Paris (Postprint) halshs-00840844, HAL.
- Laurent Lamy, 2013. ""Upping the ante": how to design efficient auctions with entry?," Post-Print halshs-00840844, HAL.
- Laurent Lamy, 2010. ""Upping the ante": How to design efficient auctions with entry?," Working Papers halshs-00564888, HAL.
- Michael Peters, 1999.
"Competition among mechanism designers in a common value environment,"
Review of Economic Design, Springer;Society for Economic Design, vol. 4(3), pages 273-292.
- Michael Peters, 1996. "Competition Among Mechanism Designers in a Common Value Environment," Working Papers peters-96-01, University of Toronto, Department of Economics.
- Han, Jidong & Popkowski Leszczyc, Peter T.L. & Zhang, Zelin, 2021. "Empirical Analyses of Nonlinear Effects of Reserve Prices on Ending Prices in Online Auctions," Journal of Interactive Marketing, Elsevier, vol. 54(C), pages 86-102.
- Wilfred Amaldoss & Preyas S. Desai & Woochoel Shin, 2015. "Keyword Search Advertising and First-Page Bid Estimates: A Strategic Analysis," Management Science, INFORMS, vol. 61(3), pages 507-519, March.
- Rosar, Frank, 2014. "Secret reserve prices in first-price auctions," International Journal of Industrial Organization, Elsevier, vol. 37(C), pages 65-74.
- Stephanie Rosenkranz & Patrick W. Schmitz, 2007.
"Reserve Prices in Auctions as Reference Points,"
Economic Journal, Royal Economic Society, vol. 117(520), pages 637-653, April.
- Rosenkranz, Stephanie & Schmitz, Patrick W., 2004. "Reserve Prices in Auctions as Reference Points," CEPR Discussion Papers 4264, C.E.P.R. Discussion Papers.
- S. Rosenkranz & P. Schmitz, 2005. "Reserve prices in auctions as reference points," Working Papers 05-14, Utrecht School of Economics.
- Rosenkranz, Stephanie & Schmitz, Patrick W., 2005. "Reserve prices in auctions as reference points," Bonn Econ Discussion Papers 24/2005, University of Bonn, Bonn Graduate School of Economics (BGSE).
- Khoroshilov, Yuri & Dodonova, Anna, 2007. "Takeover auctions with actively participating targets," The Quarterly Review of Economics and Finance, Elsevier, vol. 47(2), pages 293-311, May.
- Audrey Hu & Steven A Matthews & Liang Zou, 2019.
"Low Reserve Prices in Auctions,"
The Economic Journal, Royal Economic Society, vol. 129(622), pages 2563-2580.
- Audrey Hu & Steven Matthews & Liang Zou, 2017. "Low Reserve Prices in Auctions," PIER Working Paper Archive 17-004, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 13 Mar 2017.
- Jiao, Feng, 2011. "Bidding behaviors in eBay auctions: secret reservation price and endogenous entry," MPRA Paper 35081, University Library of Munich, Germany.
- Onur A. Koska & Frank Stähler, 2017. "When should bidders learn reserve prices?," ERC Working Papers 1712, ERC - Economic Research Center, Middle East Technical University, revised Oct 2017.
- 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.
- Gérard Marty & Raphaële Préget, 2010. "A Socio-Economic Analysis of French Public Timber Sales," Post-Print hal-03930421, HAL.
- Patrick Bajari & Ali Hortaçsu, 2004. "Economic Insights from Internet Auctions," Journal of Economic Literature, American Economic Association, vol. 42(2), pages 457-486, June.
- Lu Ji & Tong Li, 2008. "Multi-round procurement auctions with secret reserve prices: theory and evidence," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 23(7), pages 897-923.
- Katkar Rama & Reiley David H, 2007.
"Public versus Secret Reserve Prices in eBay Auctions: Results from a Pokémon Field Experiment,"
The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 6(2), pages 1-25, January.
- Rama Katkar & David Lucking-Reiley, 2000. "Public versus secret reserve prices in ebay auctions: Results from a pokemon field experiment," Natural Field Experiments 00285, The Field Experiments Website.
- Rama Katkar & David Lucking-Reiley, 2001. "Public Versus Secret Reserve Prices in eBay Auctions: Results from a Pokemon Field Experiment," NBER Working Papers 8183, National Bureau of Economic Research, Inc.
- Orley Ashenfelter & Kathryn Graddy, 2003.
"Auctions and the Price of Art,"
Journal of Economic Literature, American Economic Association, vol. 41(3), pages 763-787, September.
- Kathryn Graddy & Orley Ashenfelter & Princeton University and NBER, 2002. "Auctions and the Price of Art," Economics Series Working Papers 131, University of Oxford, Department of Economics.
- 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..
- 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," NBER Working Papers 8997, National Bureau of Economic Research, Inc.
- Cramton, Peter & Hellerstein, Daniel & Higgins, Nathaniel & Iovanna, Richard & López-Vargas, Kristian & Wallander, Steven, 2021. "Improving the cost-effectiveness of the Conservation Reserve Program: A laboratory study," Journal of Environmental Economics and Management, Elsevier, vol. 108(C).
- Philippe Jehiel & Laurent Lamy, 2015.
"On absolute auctions and secret reserve prices,"
RAND Journal of Economics, RAND Corporation, vol. 46(2), pages 241-270, June.
- Jehiel, Philippe & Lamy, Laurent, 2014. "On absolute auctions and secret reserve prices," CEPR Discussion Papers 9791, C.E.P.R. Discussion Papers.
- Philippe Jehiel & Laurent Lamy, 2015. "On absolute auctions and secret reserve prices," PSE-Ecole d'économie de Paris (Postprint) halshs-01155875, HAL.
- Philippe Jehiel & Laurent Lamy, 2015. "On absolute auctions and secret reserve prices," Post-Print halshs-01155875, HAL.
- Simon Stevenson & James Young, 2015. "The Role of Undisclosed Reserves in English Open Outcry Auctions," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 43(2), pages 375-402, June.
- Elyakime, Bernhard & Loisel, Patrice, 2005. "An optimal standing timber auction?," Journal of Forest Economics, Elsevier, vol. 11(2), pages 107-120, September.
- Nicola Lacetera & Bradley J. Larsen & Devin G. Pope & Justin R. Sydnor, 2016.
"Bid Takers or Market Makers? The Effect of Auctioneers on Auction Outcome,"
American Economic Journal: Microeconomics, American Economic Association, vol. 8(4), pages 195-229, November.
- Nicola Lacetera & Bradley J. Larsen & Devin G. Pope & Justin R. Sydnor, 2013. "Bid Takers or Market Makers? The Effect of Auctioneers on Auction Outcomes," NBER Working Papers 19731, National Bureau of Economic Research, Inc.
- Diego Moreno & John Wooders, 2011.
"Auctions with heterogeneous entry costs,"
RAND Journal of Economics, RAND Corporation, vol. 42(2), pages 313-336, June.
- Wooders, John, 2006. "Auctions with heterogeneous entry costs," UC3M Working papers. Economics we061806, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Lorentziadis, Panos L., 2016. "Optimal bidding in auctions from a game theory perspective," European Journal of Operational Research, Elsevier, vol. 248(2), pages 347-371.
- Garrett T. Senney & Jonathan R. Lhost, 2024. "Balancing Attraction and Risk Revelation: The Optimal Reservation Price in Peer-to-Peer Loan Auctions," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 64(2), pages 289-314, March.
- Philippe Jehiel & Laurent Lamy, 2011. "Absolute auctions and secret reserve prices: Why are they used?," Levine's Working Paper Archive 786969000000000316, David K. Levine.
- Rama Katkar & David Lucking-Reiley, 2000. "Public Versus Secret Reserve Prices in eBay Auctions: Results of Pok�mon Field Experiment," Vanderbilt University Department of Economics Working Papers 0026, Vanderbilt University Department of Economics.
- Xinyan Shi, 2013. "Common-value auctions with asymmetrically informed bidders and reserve price," International Journal of Economic Theory, The International Society for Economic Theory, vol. 9(2), pages 161-175, June.
- Brunella Bruno & Emilia Garcia‐Appendini & Giacomo Nocera, 2018.
"Experience and Brokerage in Asset Markets: Evidence from Art Auctions,"
Financial Management, Financial Management Association International, vol. 47(4), pages 833-864, December.
- Bruno, Brunella & Garcia-Appendini, Emilia & Nocera, Giacomo, 2016. "Experience and Brokerage in Asset Markets: Evidence from Art Auctions," Working Papers on Finance 1605, University of St. Gallen, School of Finance.
- Bernard Elyakime & Patrice Loisel, 1997. "Asymétrie dans des enchères à prix de retrait secret," Revue Économique, Programme National Persée, vol. 48(4), pages 835-851.
- Kosmopoulou, Georgia & De Silva, Dakshina G., 2007.
"The effect of shill bidding upon prices: Experimental evidence,"
International Journal of Industrial Organization, Elsevier, vol. 25(2), pages 291-313, April.
- Georgia Kosmopoulou & Dakshina G. De Silva, 2005. "The Effect of Shill Bidding upon Prices: Experimental Evidence," Experimental 0512002, University Library of Munich, Germany.
- Lovo, Stefano & Spaenjers, Christophe, 2017. "No-trade in second-price auctions with entry costs and secret reserve prices," Economics Letters, Elsevier, vol. 156(C), pages 142-144.
- John K. Horowitz & Lori Lynch & Andrew Stocking, 2009.
"Competition-Based Environmental Policy: An Analysis of Farmland Preservation in Maryland,"
Land Economics, University of Wisconsin Press, vol. 85(4), pages 555-575.
- Horowitz, John K. & Lynch, Lori & Stocking, Andrew, 2007. "Competition-Based Environmental Policy: An Analysis of Farmland Preservation in Maryland," Working Papers 7340, University of Maryland, Department of Agricultural and Resource Economics.
- Eda Gülşen & Erdal Özmen, 2017. "Monetary Policy Trilemma, Inflation Targeting And Global Financial Crisis," ERC Working Papers 1714, ERC - Economic Research Center, Middle East Technical University, revised Nov 2017.
- Kevin Hasker & Robin Sickles, 2010. "eBay in the Economic Literature: Analysis of an Auction Marketplace," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 37(1), pages 3-42, August.
- Onur A. Koska & Frank Stähler, 2022.
"Reserve Prices as Signals,"
CESifo Working Paper Series
9581, CESifo.
- Onur A. Koska & Frank Stähler, 2022. "Reserve Prices as Signals," Working Papers in Economics 22/10, University of Canterbury, Department of Economics and Finance.
- Benjamin Balzer & Antonio Rosato, 2022. "Never Say Never: Optimal Exclusion and Reserve Prices with Expectations-Based Loss-Averse Buyers," Papers 2210.10938, arXiv.org, revised Jun 2023.
- Han, Xiao & Kant, Shashi & Xie, Yi, 2018. "A spatial hedonic stumpage analysis of standing timber auctions in Jiangxi Province of China," Forest Policy and Economics, Elsevier, vol. 96(C), pages 63-74.
- Kotowski, Maciej H., 2018. "On asymmetric reserve prices," Theoretical Economics, Econometric Society, vol. 13(1), January.
- Messer, Kent D. & Duke, Joshua M. & Lynch, Lori & Li, Tongzhe, 2017. "When Does Public Information Undermine the Efficiency of Reverse Auctions for the Purchase of Ecosystem Services?," Ecological Economics, Elsevier, vol. 134(C), pages 212-226.
- Syngjoo Choi & Lars Nesheim & Imran Rasul, 2016. "Reserve Price Effects In Auctions: Estimates From Multiple Regression-Discontinuity Designs," Economic Inquiry, Western Economic Association International, vol. 54(1), pages 294-314, January.
- De Silva, Dakshina G. & Dunne, Timothy & Kankanamge, Anuruddha & Kosmopoulou, Georgia, 2008.
"The impact of public information on bidding in highway procurement auctions,"
European Economic Review, Elsevier, vol. 52(1), pages 150-181, January.
- Dakshina De Silva & Timothy Dunne & Anuruddha Kankanamge & Georgia Kosmopoulou, 2005. "The Impact of Public Information on Bidding in Highway Procurement Auctions," Microeconomics 0511011, University Library of Munich, Germany.
- Han-Jang No & Dai-Won Kim & Jung-Suk Yu, 2017. "Do Reserve Prices Yield Reference Price Effects in Korean Court Auctions of Residential Real Estate?," International Real Estate Review, Global Social Science Institute, vol. 20(1), pages 75-104.
- Dakshina G. De Silva & Timothy Dunne & Georgia Kosmopoulou, 2003. "An Empirical Analysis of Entrant and Incumbent Bidding in Road Construction Auctions," Journal of Industrial Economics, Wiley Blackwell, vol. 51(3), pages 295-316, September.
- Brisset, Karine & Cochard, François & Le Gallo, Julie, 2015.
"Secret versus public reserve price in an “outcry” English procurement auction: Experimental results,"
International Journal of Production Economics, Elsevier, vol. 169(C), pages 285-298.
- Julie Le Gallo & Karine Brisset & Francois Cochard, 2015. "Secret versus public reserve price in an “outcry” English procurement auction: Experimental results," Post-Print hal-03282276, HAL.
- Simon Grant & Atsushi Kajii & Flavio Menezes & Matthew J. Ryan, 2006.
"Auctions with options to re‐auction,"
International Journal of Economic Theory, The International Society for Economic Theory, vol. 2(1), pages 17-39, March.
- Grant, S. & Kajii, A. & Menezes, F. & Ryan, M., 2002. "Auctions with Options to Re-auction," Other publications TiSEM 78aa0364-9221-4f88-963d-d, Tilburg University, School of Economics and Management.
- Grant, S. & Kajii, A. & Menezes, F. & Ryan, M., 2002. "Auctions with Options to Re-auction," Discussion Paper 2002-55, Tilburg University, Center for Economic Research.
- Grant, Simon & Kajii, Atsushi & Menezes, Flavio & Ryan, Matthew, 2003. "Auctions with Options to Re-auction," Working Papers 2003-15, Rice University, Department of Economics.
- Onur A. Koska & Ilke Onur & Frank Stähler, 2017. "The Economics of Vendor Bids," ERC Working Papers 1711, ERC - Economic Research Center, Middle East Technical University, revised Oct 2017.
- Tsuchihashi, Toshihiro, 2012. "Sequential Internet auctions with different ending rules," Journal of Economic Behavior & Organization, Elsevier, vol. 81(2), pages 583-598.
- Pasha Andreyanov & El Hadi Caoui, 2022. "Secret reserve prices by uninformed sellers," Quantitative Economics, Econometric Society, vol. 13(3), pages 1203-1256, July.
- Bernard Elyakime & Patrice Loisel, 1998. "Un modèle d'enchères de bois sur pied," Économie et Prévision, Programme National Persée, vol. 132(1), pages 93-101.
- Susobhan Ghosh & Sujit Gujar & Praveen Paruchuri & Easwar Subramanian & Sanjay P. Bhat, 2019. "Bidding in Smart Grid PDAs: Theory, Analysis and Strategy (Extended Version)," Papers 1911.08260, arXiv.org, revised Nov 2019.
- Axel Ockenfels & David Reiley & Abdolkarim Sadrieh, 2006. "Online Auctions," NBER Working Papers 12785, National Bureau of Economic Research, Inc.
- Lamy, Laurent, 2009.
"The Shill Bidding Effect versus the Linkage Principle,"
Journal of Economic Theory, Elsevier, vol. 144(1), pages 390-413, January.
- Laurent Lamy, 2005. "The 'Shill Bidding Effect' Versus the 'Linkage Principle'," Working Papers 2005-35, Center for Research in Economics and Statistics.
- Laurent Lamy, 2009. "The Shill Bidding Effect versus the Linkage Principle," PSE-Ecole d'économie de Paris (Postprint) halshs-00754404, HAL.
- Laurent Lamy, 2009. "The Shill Bidding Effect versus the Linkage Principle," Post-Print halshs-00754404, HAL.
- Reynolds, Kristy E. & Gilkeson, James H. & Niedrich, Ronald W., 2009. "The influence of seller strategy on the winning price in online auctions: A moderated mediation model," Journal of Business Research, Elsevier, vol. 62(1), pages 22-30, January.
- Eklof, Matias & Lunander, Anders, 2003. "Open outcry auctions with secret reserve prices: an empirical application to executive auctions of tenant owner's apartments in Sweden," Journal of Econometrics, Elsevier, vol. 114(2), pages 243-260, June.
- Indranil Chakraborty, 2002. "Bundling and the Reduction of the Winner's Curse," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 11(4), pages 663-684, December.
- Martin Spann & Robert Zeithammer & Marco Bertini & Ernan Haruvy & Sandy D. Jap & Oded Koenigsberg & Vincent Mak & Peter Popkowski Leszczyc & Bernd Skiera & Manoj Thomas, 2018. "Beyond Posted Prices: the Past, Present, and Future of Participative Pricing Mechanisms," Customer Needs and Solutions, Springer;Institute for Sustainable Innovation and Growth (iSIG), vol. 5(1), pages 121-136, March.
- Patrick Bajari & Ali Hortacsu, 2003. "Economic Insights from Internet Auctions: A Survey," NBER Working Papers 10076, National Bureau of Economic Research, Inc.
- David Grether & David Porter & Matthew Shum, 2015. "Cyber-Shilling in Automobile Auctions: Evidence from a Field Experiment," American Economic Journal: Microeconomics, American Economic Association, vol. 7(3), pages 85-103, August.