2012

An Empirical Investigation of Efficiency and Price Uniformity in Competing Auctions

Reprint No. 2012:51

Author(s): Tommy Andersson, Christer Andersson and Fredrik AnderssonYear: 2012 Title: Economics Letters Volume (No.): 116 (1) Pages: 99–101
Online article (restrictions may apply)

This paper investigates hypotheses related to efficiency and price uniformity in online competing auctions based on two theoretical predictions from Peters and Severinov [Peters, M., Severinov, S., 2006. Internet auctions with many traders. Journal of Economic Theory 130, 220–245]. The investigation is conducted using a large and ideal data set for online competing train ticket auctions, and the findings support the theoretical predictions in large parts.

Reference:
Andersson, Tommy, Christer Andersson and Fredrik Andersson (2012), "An Empirical Investigation of Efficiency and Price Uniformity in Competing Auctions". Economics Letters 116(1), 99–101.

Interdisciplinary European Studies

The European Union in a Changing World Order

This book explores how the European Union responds to the ongoing challenges to the liberal international order. These challenges arise both within the EU itself and beyond its borders, and put into question the values of free trade and liberal democracy.

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