Please use this identifier to cite or link to this item: https://hdl.handle.net/20.500.11851/6363
Full metadata record
DC FieldValueLanguage
dc.contributor.authorAkyol, Ethem-
dc.date.accessioned2021-09-11T15:36:02Z-
dc.date.available2021-09-11T15:36:02Z-
dc.date.issued2021en_US
dc.identifier.issn0165-1765-
dc.identifier.issn1873-7374-
dc.identifier.urihttps://doi.org/10.1016/j.econlet.2021.109845-
dc.identifier.urihttps://hdl.handle.net/20.500.11851/6363-
dc.description.abstractWe consider second-price auctions with participation costs and investigate the revenue effects of a resale possibility. There are two potential bidders whose valuations are independently and identically distributed, and each bidder must incur a participation cost to bid in the auction. Due to these costs, there may be a resale opportunity in an otherwise efficient second-price auction. We show that when values are drawn from a uniform distribution, resale increases (decreases) entry of the lower-(higher-)cost bidder and decreases the original seller's expected revenue. (C) 2021 Elsevier B.V. All rights reserved.en_US
dc.language.isoenen_US
dc.publisherElsevier Science Saen_US
dc.relation.ispartofEconomics Lettersen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectSecond-price auctionsen_US
dc.subjectResaleen_US
dc.subjectParticipation costen_US
dc.subjectExpected revenueen_US
dc.titleCan resale harm the original seller in a second-price auction?en_US
dc.typeArticleen_US
dc.departmentFaculties, Faculty of Economics and Administrative Sciences, Department of Economicsen_US
dc.departmentFakülteler, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümütr_TR
dc.identifier.volume203en_US
dc.authorid0000-0002-2014-7152-
dc.identifier.wosWOS:000651119700011en_US
dc.identifier.scopus2-s2.0-85104090289en_US
dc.identifier.doi10.1016/j.econlet.2021.109845-
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.identifier.scopusqualityQ2-
item.grantfulltextnone-
item.fulltextNo Fulltext-
item.languageiso639-1en-
item.cerifentitytypePublications-
item.openairecristypehttp://purl.org/coar/resource_type/c_18cf-
item.openairetypeArticle-
crisitem.author.dept04.01. Department of Economics-
Appears in Collections:İktisat Bölümü / Department of Economics
Scopus İndeksli Yayınlar Koleksiyonu / Scopus Indexed Publications Collection
WoS İndeksli Yayınlar Koleksiyonu / WoS Indexed Publications Collection
Show simple item record

CORE Recommender

Page view(s)

32
checked on Dec 5, 2022

Google ScholarTM

Check

Altmetric


Items in GCRIS Repository are protected by copyright, with all rights reserved, unless otherwise indicated.