Title of article :
Right to choose in oral auctions
Author/Authors :
Roberto Burguet، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2007
Abstract :
Oral, right-to-choose auctions raise higher revenue when buyers are risk averse. When standard sequential and right-to-choose auctions allocate the objects in the same fashion, this means that sellers prefer the latter.
Keywords :
Risk aversion , Sequential auctions
Journal title :
Economics Letters
Journal title :
Economics Letters