Boundedly rational bidding decision for land auctions during the transformation of real estate markets. [PDF]
Sci Rep, 2023 Liao R, Zhang J, Tan R, Wu Y, Yu M.
europepmc +1 more source
On some collusive and signaling equilibria in ascending auctions for multiple objects [PDF]
We consider two ascending auctions for multiple objects: the SEAMO (simultaneous English auction for multiple objects) and the the JAMO (Japanese auction for multiple objects).
ALBANO, Gian Luigi +2 more
core
Journal of Agricultural Economics, EarlyView.ABSTRACT Linking payments from agri‐environment schemes to ecological results or to collective outcomes is viewed as a promising way to increase the effectiveness of agri‐environmental conservation. However, the two approaches are rarely combined.
Thomas Rellensmann +3 more
wiley +1 more source
Private ex-ante transaction costs for repeated biodiversity conservation auctions: a case study [PDF]
The European Union’s Council Regulation (EC) No 1698/2005 on support for rural development by the European Agricultural Fund for Rural Development has introduced promising changes in rewarding farmers by the implementation of conservation auctions and ...
Markus Groth
core
Dutch dilemma: Housing prices and flood risk exposure
Real Estate Economics, EarlyView.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
Why Do IPO Auctions Fail? [PDF]
We document a somewhat surprising regularity: of the many countries that have used IPO auctions, virtually all have abandoned them. The common explanations given for the lack of popularity of the auction method in the US, viz., issuer reluctance to try a
Ann E. Sherman, Ravi Jagannathan
core
How much are you willing to pay to avoid lockdowns? Evidence from the real estate market
Real Estate Economics, EarlyView.Abstract In response to the COVID‐19 pandemic, numerous countries implemented lockdowns. In Victoria, Australia, a unique two‐tier system was employed, segregating areas with a Ring of Steel boundary and imposing additional restrictions within. This study focuses on the impact of lockdowns on housing prices and rents, exploring whether people are ...
Jian Liang, Chyi Lin Lee, Qiang Li
wiley +1 more source
Meta‐Virtuality: Strategies of Disembeddedness in Virtual Interiorities
Journal of Interior Design, EarlyView., 2022 ABSTRACT To reclaim their seat in the rapidly growing market of virtual space, designers of the built environment can benefit from reevaluating theories that see the virtual as a mere extension/reflection of the physical. By claiming ontological autonomy from external worlds, the virtual is liberated from the hegemonic control of the physical.
Vahid Vahdat
wiley +1 more source
BIDDING BEHAVIOR IN MULTI-UNIT AUCTIONS - AN EXPERIMENTAL INVESTIGATION AND SOME THEORETICAL INSIGHTS [PDF]
We present laboratory experiments of five different multi-unit auction mechanisms. Two units of a homogeneous object were auctioned off among two bidders with flat demand for two units.
Dirk Engelmann, Veronika Grimm
core +3 more sources
Asymptotic properties of equilibrium in discriminatory and uniform price ipv multi-unit auctions [PDF]
This paper confronts the tractability problems that accompany IPV auction models with multi-unit bidder demands. Utilizing a first order approach, the asymptotic properties of symmetric equilibria in discriminatory and uniform price auctions are derived.
Brett E Katzman
core