Results 141 to 150 of about 141,606 (307)
Abstract We estimate the price impact of very nearby concurrently listed properties in the Sydney housing market and assess their competition effects. We apply a hedonic model with spatiotemporal effects regularized via a graph Laplacian prior at the month‐by‐SA2 regional level to seven SA4 subregions of metropolitan Sydney. The model structure enables
Willem P. Sijp, Mengheng Li
wiley +1 more source
ABSTRACT A platform matches a unit mass of sellers, each owning a single product of heterogeneous quality, to a unit mass of buyers with differing valuations for unit‐quality. After matching, sellers make take‐it‐or‐leave‐it price‐offers to buyers. Initially, valuations of buyers are only known to them and the platform, but sellers make inferences from
Daniele Condorelli, Balazs Szentes
wiley +1 more source
Experimental Economists have designed over the years a wide range of scientific experiments that can be usefully employed nowadays as teaching aids.
Galán Ordax, José Manuel +7 more
doaj
Multi-Unit Auctions to Allocate Water Scarcity Simulating Bidding Behaviour with Agent Based Models [PDF]
Multi-unit auctions are promising mechanisms for the reallocation of water. The main advantage of such auctions is to avoid the lumpy bid issue. However, there is great uncertainty about the best auction formats when multi-unit auctions are used.
Atakelty Hailu, Sophie Thoyer
core
Why Is Exclusivity in Broadcasting Rights Prevalent and Why Does Simple Regulation Fail?
ABSTRACT Pay‐TV firms compete both downstream to attract viewers and upstream to acquire broadcasting rights. Because profits inherited from downstream competition satisfy a convexity property, allocating rights to the dominant firm maximizes the industry profit.
David Martimort, Jerome Pouyet
wiley +1 more source
An Experimental Investigation of Entry Cost Effects in Sealed Bid Dollar Auctions [PDF]
In numerous auction settings potential bidders incur costs to enter the auction. Such costs may potentially influence bidder’s behavior subsequently. In this paper we experimentally study the effect of entry costs on bidding and entry behavior, through a
Sudeep Ghosh, Surajeet Chakravarty
core
Initial public offering (IPO) underpricing, driven by information asymmetry, is a prevalent and serious global phenomenon. In addition to the influence of information providers such as IPO firms, investors’ ability to acquire information may also significantly affect IPO underpricing.
Haipeng Yu +3 more
wiley +1 more source
Private Land Ownership: Tax or Socialize?
ABSTRACT This study compares the land reform concepts of Henry George and Silvio Gesell, both of whom rejected private appropriation of land rent as unjust. While George proposed to “hollow out” private land ownership through a comprehensive land value tax, Gesell aimed at full socialization of land combined with lease auctions and compensation of ...
Dirk Loehr
wiley +1 more source
Design of online combinatorial auction mechanism for urban land transfer. [PDF]
Wang Y, Zhang Y.
europepmc +1 more source

