Results 161 to 170 of about 802 (180)

The declining price anomaly in sequential auctions of identical commodities with asymmetric bidders: empirical evidence from the Nephrops norvegicus market in France

Agricultural Economics, 2017
AbstractThe declining price anomaly for sequential sales of identical commodities challenges auction theory which predicts constant prices within a day. Among other hypotheses explaining the phenomenon stands the dual value of goods including a risk premium in early transactions.
Salladarré, Frédéric, Guillotreau, Patrice, Loisel, Patrice, Ollivier, Pierrick   +3 more
openaire   +3 more sources

Sequential Ascending Clock Auction and the Declining Price Anomaly: An Experimental Study

SSRN Electronic Journal, 2019
This paper experimentally investigates the bidding behavior in two-stage sequential ascending clock auction (i.e., English auction). The equilibrium given by Milgrom and Weber (2000) predicts that the prices of the two goods sold are exactly the same regardless of the value realization. We, in addition, show that this equilibrium can be obtained in our
openaire   +1 more source

On the declining price anomaly in wine auctions [PDF]

, 1997
The anomaly is concerned with the observation that in multiple-item auctions of identical ob- jects, prices tend to decline over time. We show that in the case of wine auctions which have been analyzed frequently, the anomaly is likely to be caused by the the fact that most bids are entered by absentees.
openaire  

The Declining Price Anomaly Is Not Universal in Multi-Buyer Sequential Auctions (but almost is)

Theory of Computing Systems, 2022
Vishnu V Narayan, Vetta Adrian
exaly  

Are declining auction prices a result of bidder behavior or auctioneer strategy? Evidence from cattle auctions

Journal of the Agricultural and Applied Economics Association, 2022
Jeffrey H Dorfman, Wenying Li, Jingfang Zhang   +2 more
exaly  

The prediction of price gap anomaly in Chinese stock market: Evidence from the dependent functional logit model

Finance Research Letters, 2022
Zhifang Su
exaly  

The declining price anomaly in sequential auctions of identical commodities with asymmetric bidders: empirical evidence from the Nephrops norvegicus market in France

Agricultural Economics (United Kingdom), 2017
Patrice Guillotreau, Patrice Loisel
exaly  

The declining price anomaly in Dutch rose auctions

American Economic Review, 2001
van den Berg, G., van Ours, J.C., Pradhan, M.P.   +2 more
openaire   +1 more source

Bargaining end customer prices for supply chain coordination in a declining price sensitive market

International Journal of Management Science and Engineering Management, 2017
Nikunja Mohan Modak
exaly  

Price gaps: Another market anomaly?

Investment Analysts Journal, 2017
Guglielmo Maria Caporale, Alex Plastun
exaly