The Declining Price Anomaly in Sequential Auction - The Empirical Analysis of Taipei Flowers Auction

碩士 === 國立清華大學 === 經濟學系 === 98 === In the literatures of sequential auction, the basic model expects that the auction prices in every round are the same, but the expectation of the basic model is not supported by empirical studies, which usually find price declines. In this paper, we analyze the data...

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Bibliographic Details
Main Authors: Shen, Wei-Gun, 申維綱
Other Authors: 周嗣文
Format: Others
Language:zh-TW
Published: 2010
Online Access:http://ndltd.ncl.edu.tw/handle/82300333253812754864