| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5078399 | International Journal of Industrial Organization | 2008 | 18 Pages |
Abstract
The results continue to hold even when the auctioneer can set an optimal reserve price. Both the reserve price and the right of first refusal serve to elicit more aggressive bids and hence, to a certain degree, are substitute tools.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Joon-Suk Lee,