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The Emergence of an Auction Category: Iranian Art at Christie’s Dubai, 2006–2016
The expansion of the British auction houses Christie’s, Sotheby’s and Bonhams to markets in the Middle East has played a crucial role in building an international market for art from the region. They have also been essential in providing an international
Leili Sreberny-Mohammadi
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Auction Design and Auction Outcomes [PDF]
We study the impact of spectrum auction design on the prices paid by telecommunications operators for two decades across 85 countries. Our empirical strategy combines information about competition in the local market, the level of adoption and a wide range of socio-economic indicators and process specific variables.
Koutroumpis, P, Cave, M
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Smarter than others? Conjectures in lowest unique bid auctions. [PDF]
Research concerning various types of auctions, such as English auctions, Dutch auctions, highest-price sealed-bid auctions, and second-price sealed-bid auctions, is always a topic of considerable interest in interdisciplinary fields. The type of auction,
Cancan Zhou +3 more
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Fairness and Efficiency in Online Advertising Mechanisms
Online advertising often involves targeting ads to certain types of consumers where ads are commonly sold by generalized second price auctions. However, such an auction or mechanism could be considered unfair if similar consumers are consistently shown ...
Alison Watts
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SEAL: Sealed-Bid Auction Without Auctioneers [PDF]
We propose the first auctioneer-free sealed-bid auction protocol with a linear computation and communication complexity O(c), c being the bit length of the bid price. Our protocol, called Self-Enforcing Auction Lot (SEAL), operates in a decentralized setting, where bidders jointly compute the maximum bid while preserving the privacy of losing bids.
Samiran Bag +3 more
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The Benefits of Auctioneer Competition: Merging Auctions and Adding Auctioneers
In a lab experiment, we analyze the benefits of increasing competition on auction platforms hosting multiple auctioneers of a homogeneous good. We find that increasing competition by merging separated individual auctions increases market efficiency and also buyers' payoffs, while there is no evidence of an increase in the auctioneers' expected revenues.
Heczko, Alexander +2 more
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Generalized Second Price Auctions over a Network
We consider the problem of how to apply a generalized second price (GSP) auction to a buyer–seller network. GSP auctions are often used to sell online ads where buyers care about the position or placement of the ad. GSP auctions can also be applied
Alison Watts
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(Mal-)practices of Auctioneering on the English Property Market During the 19th Century
In the 19th century, auctions became a widespread form of transaction for real estate in England. Contemporaries viewed auctioning as an effective method for the transaction of land, in terms of price determination and transparency.
Fasold Stephan
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Analysis of the Interfering Factors about Auction Games [PDF]
This essay simply explores the complex world of auctions and how they basically work. Start with a brief summary of auction’s history, from the Babylonian era to the present, the essay shows how auctions have evolved over the history.
Cao Shengjie
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