Raviv Y. New evidence on price anomalies in sequential auctions: Used cars in New Jersey [ J ].Journal of Business & Economic Statistics, 2006, 24(3): 301-312.Raviv, Y. (2006). New evidence on price anomalies in sequential auctions: Used cars in New Jersey. Journal of Business and ...
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UncertaintyI study the sequence of bidding in an open-outcry English auction to examine how uncertainty affects auction outcomes. I do this by analyzing a data set that was collected from a series of public auctions of used cars in New Jersey. I conjecture that the uncertainty is related to ...
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