Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10261/1964
Title: Right To Choose In Oral Auctions
Keywords: Right to chosse
Oral auctions
Description: Trabajo publicado como artículo en Economics Letters 95(2): 167-173 (2007).-- http://dx.doi.org/10.1016/j.econlet.2006.09.028
Oral, right-to-choose auctions raise higher revenue when buyers are risk averse. When standard sequential and right-to-choose auctions allocate the objects en the same fashion, this means that sellers prefer the latter, which is consistent with normal practice in sales of real estate, for instance. Prices follow a declining pattern, as has also been observed.
URI: http://dspace.mediu.edu.my:8181/xmlui/handle/10261/1964
Other Identifiers: http://hdl.handle.net/10261/1964
Appears in Collections:Digital Csic

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