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Factors Influencing Auction Outcomes: Bidder Turnout, Auction Houses and Market Conditions
Abstract This study provides new evidence on the outcomes of auctions of residential real estate, focusing on the effects of bidder turnout, pricing, market conditions and auction houses. The analysi...(Continue Reading)
Can Calibration Reconcile Stated and Observed Preferences?
Hypothetical bias is a pervasive problem in stated-preference experiments. Recent research has developed two empirically successful calibrations to remove ......(Continue Reading)
William Vickrey's legacy: Innovative policies for social concerns
Every year you would see him hanging around at the Eastern Economic Association meetings. He often seemed rather disheveled and somewhat sleepy, the image ......(Continue Reading)
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