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Theory and practice of why auctions differFa study of two fish auctions in Norway

Journal from gdlhub / 2017-08-14 11:56:50
Oleh : Claire W. Armstrong, ELSEVIER
Dibuat : 2010-08-26, dengan 1 file

Keyword : Theory,practice,auctions, differ, fish,Norway

In this paper we will study two auctions for fish found in Norway, and compare them applying auction theoretical assumptions.We will use the Revenue Equivalence Theorem (RET) as a basis to explain why these two different auction mechanisms are chosen for the sale of fish. It is shown that the issues of risk aversion, common values and inclusion of travel costs may explain the choice of auction institution. r 2001 Published by Elsevier Science Ltd.

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PropertiNilai Properti
ID Publishergdlhub
OrganisasiELSEVIER
Nama KontakHerti Yani, S.Kom
AlamatJln. Jenderal Sudirman
KotaJambi
DaerahJambi
NegaraIndonesia
Telepon0741-35095
Fax0741-35093
E-mail Administratorelibrarystikom@gmail.com
E-mail CKOelibrarystikom@gmail.com

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