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...
Main Authors: | , |
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Other Authors: | |
Format: | Others |
Language: | zh-TW |
Published: |
2010
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Online Access: | http://ndltd.ncl.edu.tw/handle/82300333253812754864 |