Academic literature on the topic 'Auctioneer market'
Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles
Consult the lists of relevant articles, books, theses, conference reports, and other scholarly sources on the topic 'Auctioneer market.'
Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.
You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.
Journal articles on the topic "Auctioneer market"
1
Ausubel, Lawrence M. "An Efficient Dynamic Auction for Heterogeneous Commodities." American Economic Review 96, no. 3 (2006): 602–29. http://dx.doi.org/10.1257/aer.96.3.602.
Full textAbstract:
This article proposes a new dynamic design for auctioning multiple heterogeneous commodities. An auctioneer wishes to allocate K types of commodities among n bidders. The auctioneer announces a vector of current prices, bidders report quantities demanded at these prices, and the auctioneer adjusts the prices. Units are credited to bidders at the current prices as their opponents' demands decline, and the process continues until every commodity market clears. Bidders, rather than being assumed to behave as price-takers, are permitted to strategically exercise their market power. Nevertheless, the proposed auction yields Walrasian equilibrium prices and, as from a Vickrey-Clarke-Groves mechanism, an efficient allocation.
2
Glaeser, Edward L. "A Review Essay on Alvin Roth’s Who Gets What—and Why." Journal of Economic Literature 55, no. 4 (2017): 1602–14. http://dx.doi.org/10.1257/jel.20161368.
Full textAbstract:
Alvin Roth's Who Gets What—And Why provides a richly accessible introduction to his pioneering work on market design. Much of economics ignores the institutions that allocate goods, blithely assuming that the mythical Walrasian auctioneer will handle everything perfectly. But markets do fail and Roth details those failures, like the market for law clerks that unravels because clerks and judges commit to each other too quickly. Roth combines theory and pragmatic experience to show how the economist can engineer successful markets. He has even enabled welfare-improving trades in kidney exchanges, where law and social repugnance forbids cash payments. (JEL C78, D47)
3
Lauermann, Stephan, and Gábor Virág. "Auctions in Markets: Common Outside Options and the Continuation Value Effect." American Economic Journal: Microeconomics 4, no. 4 (2012): 107–30. http://dx.doi.org/10.1257/mic.4.4.107.
Full textAbstract:
In this paper, we study auctions with outside options provided by future market interaction focusing on the revenue effects of some information revelation policies. We show that auctions with less information revelation may yield higher revenues. In particular, we show that it is never optimal for the auctioneer to reveal information after the auction. Moreover, it is also not optimal to reveal information before the auction unless bidders already have precise information on their own. Our model provides a novel explanation for the prevalence of opaque trading mechanisms, and it offers insights into information sharing in dynamic models of trade. (JEL D44, D83)
4
Ausubel, Lawrence M. "An Efficient Ascending-Bid Auction for Multiple Objects." American Economic Review 94, no. 5 (2004): 1452–75. http://dx.doi.org/10.1257/0002828043052330.
Full textAbstract:
When bidders exhibit multi-unit demands, standard auction methods generally yield inefficient outcomes. This article proposes a new ascending-bid auction for homogeneous goods, such as Treasury bills or telecommunications spectrum. The auctioneer announces a price and bidders respond with quantities. Items are awarded at the current price whenever they are “clinched,” and the price is incremented until the market clears. With private values, this (dynamic) auction yields the same outcome as the (sealed-bid) Vickrey auction, but has advantages of simplicity and privacy preservation. With interdependent values, this auction may retain efficiency, whereas the Vickrey auction suffers from a generalized Winner's Curse.
5
Pingle, Mark, and Leigh Tesfatsion. "ACTIVE INTERMEDIATION IN OVERLAPPING GENERATIONS ECONOMIES WITH PRODUCTION AND UNSECURED DEBT." Macroeconomic Dynamics 2, no. 2 (1998): 183–212. http://dx.doi.org/10.1017/s1365100598007032.
Full textAbstract:
It is well known that the first welfare theorem can fail for overlapping generations economies with private production and unsecured debt. This paper demonstrates that the reason for this failure is that intermediation is modeled as a purely passive coordination activity implemented by a Walrasian Auctioneer. When intermediation is modeled instead as a contestable activity carried out by a corporate intermediary owned by consumer-shareholders and operated in their interest, every equilibrium is Pareto efficient. In broader terms, these findings caution that the inefficiency observed in standard modelings of overlapping generations economies may not be the reflection of an intrinsic market failure. Rather, the observed inefficiency could instead be due to a fundamental incompleteness in the model specification — the presumed inability of private agents to exploit the earnings opportunities associated with incurring and forever rolling over debt.
6
Farajian, Nima, and Hossein Ebrahim pour-komleh. "Parallel Continuous Double Auction for Service Allocation in Cloud Computing." Computer Engineering and Applications Journal 4, no. 2 (2015): 133–42. http://dx.doi.org/10.18495/comengapp.v4i2.125.
Full textAbstract:
Cloud Computing is a service oriented architecture in which every computing resources is delivered to users as a service. Nowadays market-oriented approach has attracted a lot of researchers because of its great ability to manage Cloud services efficiently and dynamically. Each service consists of various resources which all should be allocated to utilize the service. In this paper a parallel continuous double auction method for efficient service allocation in cloud computing is presented in which by using a novel parallel sorting algorithm at auctioneer, enables consumers to order various resources as workflow for utilizing requested services efficiently. Also in the presented method consumers and providers make bid and offer prices based on time factor. Experimental results show that proposed method is efficient in success rate, resource utilization and average connection time and also overall performance of system is improved by parallel approach.
7
Coover, James. "Puttick's Auctions: Windows on the Retail Music Trade." Journal of the Royal Musical Association 114, no. 1 (1989): 56–68. http://dx.doi.org/10.1093/jrma/114.1.56.
Full textAbstract:
At the auction sale of Sterndale Bennett's library in 1875, Thomas Taphouse paid £52 for the autograph manuscript of Fingal's Cave Overture. Two months earlier, at another auction, the publisher John Williams paid £990 for the plates and copyrights of Charles Coote's Prince Imperial Galop, a music-hall favourite (done – it was reported – to the applause of those in attendance). This essay will not attempt to account for such seemingly irreconcilable events and values – the market-place was always alive with such contrasts – but will, instead, focus attention on the auctioneer at both of those sales, the London firm of Puttick & Simpson, sketching its history from 1846 to 1971, describing its music sales, and demonstrating the singular importance, today, of its surviving catalogues. It will, it is hoped, persuade others to consider different and more painstaking studies of those relics than have been undertaken to this point.
8
Hernando-Veciana, Ángel. "Competition among auctioneers in large markets." Journal of Economic Theory 121, no. 1 (2005): 107–27. http://dx.doi.org/10.1016/j.jet.2004.03.001.
Full text
9
Fitz-Gibbon, Desmond. "The London Auction Mart and the Marketability of Real Estate in England, 1808–1864." Journal of British Studies 55, no. 2 (2016): 295–319. http://dx.doi.org/10.1017/jbr.2015.228.
Full textAbstract:
AbstractThis article considers the cultural work of commoditization through the example of the London Auction Mart and the market for real estate in early nineteenth-century England. The auctioneers who founded this exchange sought to reconfigure the organization of property sales in an institution that would bring order and transparency to a world of informal institutions, local markets, and private exchange. The Auction Mart made visible the idea of a universal, abstract property market. At the same time, it offered a new social and cultural space in which to negotiate the often contradictory meanings of marketable property. This work of making the property market meaningful is told through institutional archives, published accounts, diaries, and estate correspondence.
10
Lacetera, Nicola, Bradley J. Larsen, Devin G. Pope, and Justin R. Sydnor. "Bid Takers or Market Makers? The Effect of Auctioneers on Auction Outcome." American Economic Journal: Microeconomics 8, no. 4 (2016): 195–229. http://dx.doi.org/10.1257/mic.20150020.
Full textAbstract:
Auction design has been studied extensively; however, within a given design, does the process of how an auction is conducted matter as well? We address this question by looking for heterogeneity in the performance of auctioneers in English auctions. We analyze over 850,000 wholesale used car auctions and find significant differences across auctioneers in outcomes for otherwise similar cars. The performance heterogeneities are stable across time and correlate with subjective evaluations by the auction house. We discuss the mechanisms driving differential performance and find evidence suggesting a role for tactics that generate bidder excitement or urgency. (JEL D44, D82, L62)
Dissertations / Theses on the topic "Auctioneer market"
1
Zajíc, Vladimír. "Vliv reklamy v dražební společnosti." Master's thesis, Vysoké učení technické v Brně. Ústav soudního inženýrství, 2010. http://www.nusl.cz/ntk/nusl-232485.
Full textAbstract:
In the framework of public auctions the auction-companies work, which on the one hand face the problem of realizing the public auction from the point of view of marketing, on the other hand, at the same time, they try to be visible in the relationship the auctioneer and the auction proposer. It is a closed cycle whose task is to strengthen the marketing potential and, at the same time to increase the financial profit of the firm. The aim of this diplom thesis is focused on the advertising acivities of a smalll auction company, which at present is not very effective. This auction company has been lately rather successful and has proved its vitality, on the contrary, its profits in the form af the auctioneer´s rewards have started to stagnate. One of the reasons may be its lack of financial means which might have been released for the purpose of advertising. That is why, the aim of this diploma thesis is to avaluate the present advertising activities of an auction company. The positive and negative working of a concrete auctioneer in the public auctions market is going to be specified by help of single cases. The aim is also the identifying of the elementary mistakes giving evidences of bad advertising activities of the company. In the conclusion some recommendations concerning advertising activities are defined; their task is to enable small auction companies to make themselves more visible in the public auctions market.
2
Ko, Guang-Jiunn, and 柯光峻. "A Study on the Investor Behavior in the Auctioned Real Estate Market." Thesis, 2007. http://ndltd.ncl.edu.tw/handle/98585988002826728837.
Full textAbstract:
碩士<br>國立臺北大學<br>不動產與城鄉環境學系<br>95<br>Previous studies of foreclosed properties paid primary attention to their price discount in comparison with otherwise similar ordinary properties and its possible causes. In contrast, little discussion is found as to the investors’ pricing behavior in purchasing and later selling those foreclosed properties. Given the scant knowledge of this market, the current study sets up to understand whether the auction price of a foreclosed property influences its price at a later sale. Interviews with professional investors and statistical analysis of auction and later sales data are undertaken. Evidence overall suggest that a significant proportion of investors have taken into account of the price they paid for foreclosed properties through auction in the price-determination at a later sale. This anchoring phenomenon seems to support the findings in a series of studies in which students are asked to participate in hypothetical property transactions. Those experimental studies repeatedly conclude that the previous purchase price of a property acts as an anchor against which a price is set when it is later sold. Nevertheless, in this study the price-anchoring effects do not consequently reflect on the final price. Other price-related information, however, also serves as pricing anchors in addition to the auction price. This study differs from most former ones in that their findings are reached in an experimental setting instead of analysis of market data as employed here. The contrasting conclusions between experiment-derived and market-based studies shall be able to help understand the price-determination when a previously auctioned property is sold in an ordinary market.
3
Teixeira, Bernardo Silvestre Abrantes Neto. "Taxidermia artística e bioética no mercado leiloeiro: Damien Hirst e Polly Morgan." Master's thesis, 2017. http://hdl.handle.net/10071/15638.
Full textAbstract:
Este trabalho estuda as obras de Taxidermia Artística e as suas diferentes características
artísticas, bem assim como a ética envolvida no processo de aquisição/obtenção dos animais
e da criação artística com este medium, nomeadamente na eventual morte propositada de
animais para a produção artística. Esta investigação analisa a influência dos princípios éticos
decorrentes da utilização de animais na arte, e do respetivo processo de valorização das obras
de Taxidermia Artística no mercado leiloeiro.
A morte e a metaforização do corpo integram as obras de Taxidermia Artística, as quais
se revelam inquietantes e produzem diferentes sensações em cada observador, num binómio
atração-repulsa.
A taxidermia tradicional compreende diversas categorias e a Taxidermia Artística
profusamente diversificada relativamente às obras dos artistas, integra vários géneros, que
se apresentam identificáveis nas obras dos artistas Damien Hirst e Polly Morgan.
As obras de Damien Hirst devido a um complexo conjunto de fatores, têm uma
valorização bastante elevada. Porém, os fatores que influenciam a valorização das obras de
Hirst poderão não ser os mesmos que influenciam as obras de Polly Morgan.
Alguns artistas têm preocupações éticas, porém, nem todos têm essas preocupações,
pelo que foram desenvolvidos alguns parâmetros para uma delimitação da Bioética no
Mercado Leiloeiro de Taxidermia Artística, procurando uma sensibilização de todos os
intervenientes do mercado e do mundo da arte.<br>This work studies the works of Taxidermy Art and its different artistic characteristics, as well
as the ethics involved in the process of acquiring / obtaining animals and artistic creation with
this medium, namely in the eventual purposive death of animals for artistic production. This
investigation analyzes the influence of the ethical principles deriving from the use of animals
in the art, and the respective process of valorization of the works of Artistic Taxidermy in the
auctioneer market.
The death and metaphorization of the body are part of the works of Artistic Taxidermy,
which are disturbing and produce different sensations in each observer, in an attractionrepulsion binomial.
The traditional taxidermy comprises several categories and Artistic Taxidermy profusely
diversified in relation to the works of the artists, integrates several genres, that can be identified
in the works of the artists Damien Hirst and Polly Morgan.
The works of Damien Hirst due to a complex set of factors, have a very high appreciation.
However, the factors that influence the valuation of Hirst's works may not be the same as those
influencing Polly Morgan's works.
Some artists have ethical concerns, however, not all have these concerns, so some
parameters have been developed for a definition of Bioethics in the Auction Market for Artistic
Taxidermy, seeking an awareness of all market players and the world of art.
4
Gonçalves, Leonor de Azevedo e. Bourbon Padinha Ribeiro. "Santo António no mercado de arte em Lisboa." Master's thesis, 2018. http://hdl.handle.net/10071/17132.
Full textAbstract:
A presente dissertação tem como objetivo perceber a importância da figura de
Santo António no mercado de arte em Lisboa, nomeadamente através de dados de
Leiloeiras e antiquários. Por Santo António ser um dos santos mais significativos de
Portugal, por ter nascido em Lisboa e continuar, ainda hoje, tão vivo no coração dos
portugueses e, talvez ainda mais, dos Lisboetas, tentámos apurar até que ponto esta
relação tão próxima tem impacto na procura deste tema nas mais variadas tipologias
que surgem no mercado.
Pretende-se apurar se efetivamente a figura de Santo António, tão querida
pelos lisboetas e tão marcante pela sua atualidade e devoção, é mais procurada por
possíveis compradores que outras figuras de santos, por ser um dos mais importantes
santos da cidade.
Desta maneira, depois de compreender o mercado da arte, nomeadamente o
português, em particular o mercado da arte sacra, avançamos com o estudo da vida
do santo para compreender melhor a sua vida, a sua religiosidade e o porquê desta
devoção que é tão religiosa, mas também tão popular.<br>The present dissertation aims to understand the importance of the figure of
Saint Anthony in Lisbon’s art market, namely through data from auction houses and
antique dealers. Because Saint Anthony is one of the most importante saints of
Portugal, mainly because he was born here in Lisbon and for continuing to be so
near to all portuguese (and specially Lisboners), we tried to understand how much
impact this has on the persuit of this kind of thematics that appears on the market,
It is intended to ascertain if the figure of Saint Anthony, so dear to the people of
Lisbon and so marked by its actuality and devotion, is more sought after by potential
buyers than other figures of saints, for being one of the most important saints of the
city.
In this way, after understanding the market of art, namely Portuguese,
especially the market of sacred art, we advance with the study of the life of the saint
to better understand his life, his religiosity and the reason for this devotion that is so
religious , but also so popular.
Books on the topic "Auctioneer market"
1
Farmer, Roger E. A. Shooting the auctioneer. National Bureau of Economic Research, 2006.
Find full textBook chapters on the topic "Auctioneer market"
1
De Marchi, Neil, and Hans J. Van Miegroet. "The Rise of the Dealer-Auctioneer in Paris:." In Art Market and Connoisseurship. Amsterdam University Press, 2008. http://dx.doi.org/10.2307/j.ctt46n267.8.
Full text
2
Albertson, Kevin, Mary Corcoran, and Jake Phillips. "Introduction Marketisation and privatisation in criminal justice: an overview." In Marketisation and Privatisation in Criminal Justice. Policy Press, 2020. http://dx.doi.org/10.1332/policypress/9781447345701.003.0001.
Full textAbstract:
This chapter outlines the process of political innovation through which governments have coordinated other agencies and sectors to achieve often complex goals, for example, through the transfer of political and/or financial risk, and through attempts to include and motivate non-state organisations in a range of ways. It is this pursuit of innovation which underpins both the reasoning behind privatisation and marketisation, and the continued efforts to manage its consequences, both expected and unforeseen. The essays in this volume consider the scale and impact of marketisation and privatisation in the area of criminal justice. concepts of marketisation are reflections of an increasingly monopolistic neo-liberal hegemony which promises citizens a utopian political project for ensuring individual freedom (subject only to market forces), and private and social enterprise opportunities to bid as the state transforms from provider to auctioneer of public goods and services. This chapter summarises the analyses offered in this edited collection and contextualises these perspectives to develop our knowledge and understanding of the process of privatisation and marketisation, the impact of it and the extent to which newly marketised and privatised services result in ‘justice’.
3
Lucey, Conor. "Building sales: advertising and the property market." In Building reputations. Manchester University Press, 2018. http://dx.doi.org/10.7228/manchester/9781526119940.003.0005.
Full textAbstract:
Having examined the building and decorating of the urban house, this chapter explores how the artisan approached marketing and selling real estate. As the first sustained analysis of property advertising in the eighteenth and early nineteenth-century Atlantic world, this chapter first considers how regional variations and social demographics (aristocratic audiences in London and Dublin compared with merchant audiences in Boston and Philadelphia) dictated the form and content of property notices, reflecting on issues such as location, quality of structural and decorative finish, convenience, and decorum. But while house-building and house-selling were principally economic activities, representing the motivating force for building mechanics to enter the real estate market, the evidence from property advertisements reveals that builders were cognizant of the semantics of advertising rhetoric and employed a vocabulary that emulated that of auctioneers, luxury goods manufacturers and other polite retailers.
4
Lei, Pouwan, Chris Chatwin, and Rupert Young. "Security and Trust of Online Auction Systems." In Encyclopedia of Information Science and Technology, First Edition. IGI Global, 2005. http://dx.doi.org/10.4018/978-1-59140-553-5.ch433.
Full textAbstract:
An auction is a market with an explicit set of rules determining resource allocation and prices on the basis of bids from market participants (McAfee & McMillan, 1987). Generally speaking, an auction is the standard means for performing an aggregation of supply and demand in the marketplace to effectively establish a price for a product or service. It establishes prices according to participants’ bids for buying and selling commodities, and the commodities are sold to the highest bidder. Simply stated, an auction is a method for allocating scarce goods, a method that is based upon competition between the participants. It is the purest of markets: a seller wishes to obtain as much money as possible for the commodity offered, and a buyer wants to pay as little as necessary for the same commodity. Traditionally, there are three protagonists in the auction: sellers, buyers, and auctioneers. An auction offers the advantage of simplicity in determining market-based prices. It is efficient in the sense that an auction usually ensures that resources accrue to those who value them most highly and ensures also that sellers receive the collective assessment of the value. Indeed, auctions are conducted in accordance with formal rules for governing market access, trade interaction, price determination, and trade generation (Friedman, 1993). In the case of a traditional physical auction, a seller will choose an auction house based on the service: the form of licensing, the availability of suitable insurance, suitable descriptions and access to the commodities, payment terms, and security of goods before and during the auction process. The buyer or seller needs to come to the market or sends his/her representative.
5
Gumussoy, Cigdem Altin, and Bilal Gumussoy. "Acceptance of E-Reverse Auction From the Buyer Perspective." In Advanced Methodologies and Technologies in Business Operations and Management. IGI Global, 2019. http://dx.doi.org/10.4018/978-1-5225-7362-3.ch008.
Full textAbstract:
E-reverse auction is an online, real-time dynamic auction between a buyer organization and a group of pre-qualified suppliers. There occurs a competitive environment, which can lead to great price reductions for the items auctioned. In addition, cycle-time savings for buyers and suppliers, growing markets, accessing to a larger pool of suppliers can be the other advantages. Using e-reverse auction also includes risks such as damaging supplier relationships and increasing the total cost of procurement. This leads to a resistance from internal users and suppliers in the use of e-reverse auction. In the chapter, a research model including risks and benefits of using e-reverse auction is proposed in order to understand the important factors in the decision to use e-reverse auction.
6
De Boever, Arne. "Financing the Novel: Ben Lerner’s 10:04." In Finance Fictions. Fordham University Press, 2018. http://dx.doi.org/10.5422/fordham/9780823279166.003.0007.
Full textAbstract:
Chapter Six shows how Ben Lerner’s 10:04 is a realist finance novel that takes on the financialization of the novel itself. If Houellebecq in his investigation of finance was mostly focused on art—understandably so, given that the art market obviously exceeds that of literature—Lerner puts the novel at the heart of such a project and delivers a novel that revolves around the promise of the novel: a projected novel, existing on contract, auctioned off for “a strong, six-figure advance” among the New York publishing houses on the basis of a short story that its author published in The New Yorker. The chapter shows that in its focus on the future, Lerner’s novel takes on the topics of capitalism and financialization, asking the difficult questions about the value of a commodity such as the novel and of what the chapter characterizes as a financial instrument such as the novel “on spec.” As a meditation on the future, Lerner’s novel is an investigation into finance and the possibility of a future that would remain outside of the financial logic, or at least operate critically within it.
7
"Appendix 2: Market Prices Of Coffee, Sugar, And Indigo Auctioned By The Nederlandsche Handel-Maatschappij In The Netherlands On Government Account In The Period 1840–60." In The Politics of Colonial Exploitation. Cornell University Press, 2018. http://dx.doi.org/10.7591/9781501719127-016.
Full textConference papers on the topic "Auctioneer market"
1
Zhao, Han, and Xiaolin Li. "AuctionNet: Market oriented task scheduling in heterogeneous distributed environments." In Distributed Processing, Workshops and Phd Forum (IPDPSW). IEEE, 2010. http://dx.doi.org/10.1109/ipdpsw.2010.5470798.
Full textReports on the topic "Auctioneer market"
1
Lacetera, Nicola, Bradley Larsen, Devin Pope, and Justin Sydnor. Bid Takers or Market Makers? The Effect of Auctioneers on Auction Outcomes. National Bureau of Economic Research, 2013. http://dx.doi.org/10.3386/w19731.
Full text