Results 141 to 150 of about 52,899 (317)
Auctions used to sell houses often attract a diverse group of bidders, with realtors and speculators out for a bargain competing against buyers with a real interest in the house. Value asymmetries such as these necessitate careful consideration of the auction format as revenue equivalence cannot be expected to hold.
Goeree, J.K., Offerman, Theo
openaire +1 more source
Money Out of Thin Air: The Nationwide Narrowband PCS Auction [PDF]
The Federal Communications Commission held its first auction of radio spectrum at the Nationwide Narrowband PCS Auction in July 1994. The simultaneous multiple-round auction, which lasted five days, was an ascending bid auction in which all licenses were
Peter Cramton
core
‘Fine Men from Afar’: Cricket and Empire on the Home Front
Abstract During the Second World War, contrary to enduring images of bombardment and scarcity, people on Britain's ‘Home Front’ continued to take part in a broad array of sporting activities. Cricket played a more significant role in the wartime sporting landscape than many historians have previously recognized.
Michael Collins
wiley +1 more source
postbid market interaction and auction choice [PDF]
We study the influence of product market competition on the first-price sealed auction and the English ascending auction with independent cost types. Bidders, valuing the license basing on the information released in the first stage license bidding game ...
Hongjun Zhong
core
Abstract In this essay I reveal contested common infrastructures in the interplay between vanishing public infrastructures in Venice and lack of care by governmental actors in a city with a shrinking number of inhabitants. I examine care and commodified public infrastructures in heritage cities facing mass tourism and climate change effects by zooming ...
Cornelia Dlabaja
wiley +1 more source
Abstract Marketplaces, crucial sites for low‐income populations as sources of affordable goods and social interaction, are at a critical juncture. They are experiencing decline due to the rise of shopping centres and neglect by public authorities, while at the same time being rediscovered as tourist attractions, sources of profit and tools for urban ...
Francesca Ru
wiley +1 more source
An Extension of Ausubel's Auction for Heterogeneous Discrete Goods [PDF]
Ausubel's dynamic private-values auction for heterogeneous discrete goods, Ausubel (2006), yields an efficient equilibrium outcome but it is designed for a limited class of environments.
Hakan Inal
core
BEHIND THE FACES OF AESTHETICIZED URBANISM IN TUNXI, CHINA
Abstract Urban policy in China has become increasingly predicated on securing an approved aesthetic that reflects ideological campaigns and political programmes. In highlighting the role of the aesthetic in Chinese urbanism, this article argues that the party‐state draws on an aesthetic palette that places the contemporary urban landscape in a ...
Yanpeng Jiang, Paul Waley, Asa Roast
wiley +1 more source
Optimal Mechanisms for an Auction Mediator [PDF]
We consider a dynamic auction environment with a long-lived seller and short-lived buyers mediated by a third party. A mediator has incomplete information about traders' values and selects an auction mechanism to maximize her expected revenue.
Andriy Zapechelnyuk, Alexander Matros
core
Dutch dilemma: Housing prices and flood risk exposure
Abstract This article studies the impact of flood risk exposure on housing prices in a major river delta. Analyzing 1.8 million property transactions from 1998 to 2023 in the Netherlands, we find an average price discount of 1.1%. We observe considerable heterogeneity in price effects driven by exposure intensity, institutional settings that vary ...
Piet Eichholtz +2 more
wiley +1 more source

