𝔖 Bobbio Scriptorium
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Implementation of the revenue-maximizing auction by an ignorant seller

✍ Scribed by Bernard Caillaud; Jacques Robert


Publisher
Elsevier Science
Year
2005
Tongue
English
Weight
165 KB
Volume
9
Category
Article
ISSN
1434-4750

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## Abstract This paper tests three competing hypotheses regarding the effect of a “buy it now” option in silent auctions: that the option has a positive, negative, or neutral effect on the seller's revenues. These hypotheses were tested on 4 years of data from a university art museum's silent aucti