An Empirical Analysis of Double Round Auctions

This article analyzes auctions that can feature two bidding rounds for the sale of a single good. In the first round, the seller, after analyzing the received bids, may elect to have k bidders rebid. The highest bidder in the second round then acquires the asset at the highest bid price. We use a sa...

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Veröffentlicht in:	Real estate economics 2021-06, Vol.49 (2), p.531-555
Hauptverfasser:	Kallberg, Jarl G., Liu, Crocker H., Nowak, Adam
Format:	Artikel
Sprache:	eng
Schlagworte:	Auctioning Auctions Bids Empirical analysis Hotels
Online-Zugang:	Volltext
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