Article ID Journal Published Year Pages File Type
5062579 Economics Letters 2007 7 Pages PDF
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
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Right to choose in oral auctions
Authors
,