Combining Buy-In Penalties with Commissions at Auction Houses

DOI10.1287/MNSC.42.4.529MaRDI QIDQ4363615zbMATH OpenOpenAlexFDO

Authors Eric A. Greenleaf, Atanu R. Sinha

Publication date 5 February 1998

Published in Management Science (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1287/mnsc.42.4.529

zbMATH Keywords

auction housesbuy-in penalties

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Auctions, bargaining, bidding and selling, and other market models (91B26)

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(4)

• A model of auction contracts with liquidated damages
• Note on ``Guarantees in auctions: the auction house as negotiator and managerial decision maker
• Auctions with buyout price and fixed commission
• On managerial decision problem of the auction sites

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