The Declining Price Anomaly Is Not Universal in Multi-buyer Sequential Auctions (But Almost Is) [PDF]
The declining price anomaly states that the price weakly decreases when multiple copies of an item are sold sequentially over time. The anomaly has been observed in a plethora of practical applications. On the theoretical side, Gale and Stegeman proved that the anomaly is guaranteed to hold in full information sequential auctions with exactly two ...
Vishnu V Narayan, Vetta Adrian
exaly +3 more sources
Absentee Bidders and the Declining Price Anomaly in Wine Auctions [PDF]
The anomaly is concerned with the observation that in multiple item auctions of identical objects, prices tend to decline over time. I show that in the case of wine auctions, which have been analyzed frequently, the anomaly is likely to be caused by the fact that most bids are entered by absentees, who use nonoptimal bidding strategies. Therefore, wine
VÍCTOR Ginsburgh
exaly +3 more sources
The Declining Price Anomaly in Dutch Dutch Rose Auctions [PDF]
Jan C Van Ours +2 more
exaly +3 more sources
Sequential auctions and price anomalies [PDF]
In sequential auctions objects are sold one by one in separate auctions. These sequential auctions might be organized as sequential first-price, second-price, or English auctions. We will derive equilibrium bidding strategies for these auctions.
Trifunović Dejan
doaj +1 more source
Analysis of Big Trader Positions, Firm Profitability, Price Volatility and Their Impact on Sharia Stock Market Prices (A Study of the Jakarta Islamic Index on the Indonesia Stock Exchange) [PDF]
An intriguing anomaly emerged in the Indonesian market between 2021 and 2023. While the broader Indonesia Sharia Stock Index (ISSI) exhibited a general upward trend (bullish), the Jakarta Islamic Index (JII), which tracks the 30 largest and most liquid ...
Teguh Wijayanto +2 more
doaj +1 more source
Le paradoxe du déclin journalier des prix pour des ventes séquentielles de lots identiques interroge la théorie des enchères qui prédit l’uniformité des prix au cours d’une même vente. Ce phénomène est plus répandu que prévu chez des acheteurs rationnels en concurrence pour des biens identiques au cours d’interactions répétées. Parmi les hypothèses les
Salladarré, Frédéric +3 more
openaire +3 more sources
Key tropical crops at risk from pollinator loss due to climate change and land use. [PDF]
Millard J +7 more
europepmc +1 more source
A privacy preserving and auditable blockchain framework for seccure securites trading. [PDF]
Zhou E.
europepmc +1 more source
Revisiting price linkages between London and Shanghai base metal futures markets: A time-frequency connectedness analysis. [PDF]
Pan C, Shen W.
europepmc +1 more source
Research on the impact of climate change on food production resilience in China. [PDF]
Cai J, Zhang X, Du Z, Xian M.
europepmc +1 more source

