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Towards Auctioning
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Book Synopsis Towards Auctioning by : Stefan Weishaar
Download or read book Towards Auctioning written by Stefan Weishaar and published by Kluwer Law International B.V.. This book was released on 2009-01-01 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emissions trading systems have come to the fore as the most economically efficient mechanisms that can be employed to bring about an optimal greenhouse gas reduction goal. Even though much has been written about the advantages and disadvantages of these systems, one element of crucial importance and emission allowance allocation and has not been considered in adequate depth until the present study. Such an analysis takes on increased importance as it seems likely that market-based auctioning will become the default allocation method throughout the EU under a proposed amendment to the Emissions Trading System (ETS) established by Directive 2003/87/EC. Taking a law and economics approach and that is, using a combined perspective of industrial economics and legal analysis and this important book examines the potential for anticompetitive distortion that may result from auctioning emission allowances. Among the issues investigated in depth are the following: whether the current setup of the EU ETS fosters allocative efficiency or whether this allocative efficiency is hindered by legal impediments or constraints; whether EU competition law can serve to remedy anticompetitive effects stemming from Member State actions taken pursuant to Directive 2003/87/EC; which allocation formats are most desirable from an allocative efficiency and environmental effectiveness point of view; the importance of initial allocation and adjustment of out-of-equilibrium situations under the amended ETS; whether auctioning allowances serves the attainment of market equilibrium even in the continuing presence of andpolluter havensand; the effect of the ECJands so-called andjoint application jurisprudenceand on the ETS; and the allocation of allowances from a state aid perspective. The book provides both a coherent typology of emission allowance allocation mechanisms and the main characteristics of the present emissions trading system, setting the gained insights into a broader perspective. It examines how various assignment mechanisms deal with issues such as price determination, allocative efficiency and environmental effectiveness. It considers how market-based allocation mechanisms compare with administrative allocation mechanisms, particularly those based on the widely applied grandfathering method. And perhaps most important and and of especial value to practitioners and policymakers and it identifies the auction design challenges that must be addressed by the Commission in its implementing regulation due by 30 June 2010.
Book Synopsis Putting Auction Theory to Work by : Paul Milgrom
Download or read book Putting Auction Theory to Work written by Paul Milgrom and published by Cambridge University Press. This book was released on 2004-01-12 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive introduction to modern auction theory and its important new applications. It is written by a leading economic theorist whose suggestions guided the creation of the new spectrum auction designs. Aimed at graduate students and professionals in economics, the book gives the most up-to-date treatments of both traditional theories of 'optimal auctions' and newer theories of multi-unit auctions and package auctions, and shows by example how these theories are used. The analysis explores the limitations of prominent older designs, such as the Vickrey auction design, and evaluates the practical responses to those limitations. It explores the tension between the traditional theory of auctions with a fixed set of bidders, in which the seller seeks to squeeze as much revenue as possible from the fixed set, and the theory of auctions with endogenous entry, in which bidder profits must be respected to encourage participation.
Book Synopsis A Practical Treatise on the Law of Auctions; with forms, tables, statutes, & cases, and directions to auctioneers ... Third edition, adapted to the recent alterations in the law by : Joseph BATEMAN
Download or read book A Practical Treatise on the Law of Auctions; with forms, tables, statutes, & cases, and directions to auctioneers ... Third edition, adapted to the recent alterations in the law written by Joseph BATEMAN and published by . This book was released on 1846 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Complete Idiot's Guide to Live Auctions by : National Auctioneers Association (U.S.)
Download or read book The Complete Idiot's Guide to Live Auctions written by National Auctioneers Association (U.S.) and published by Penguin. This book was released on 2008 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: A $227.5 billion enterprise around the world, live auctions feature everything from cars to homes, fine art to coal. The only book of its kind, this guide will show how lucrative, fast-paced, and exciting this business is. It covers rules, lingo, setting up an auction, hiring professional auctioneers, and how the most popular auctions work.Expert author team- a veteran business author and the National Association for AuctioneersDetailed run-down of every aspect of live auctionsResource section with auction house listings
Book Synopsis Legal Theory of Auction by : Kristijan Poljanec
Download or read book Legal Theory of Auction written by Kristijan Poljanec and published by Taylor & Francis. This book was released on 2022-09-09 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: The widespread understanding of auction structure considers auction as consisting of three contracts: contract between the seller and the auctioneer, contract between the auctioneer and the buyer and the sale contract between the seller and the buyer. The book challenges this concept, arguing that the traditional tripartite concept of auction is too narrow and does not correspond to the actual structure of auction relations. Demonstrating that an auction structure consists of a plethora of legal relationships, including noncontractual relations, this book explores the legal concept of auction sale and the structure of accompanying relations. The book provides a historical overview of auctions and different auction models. Following a brief introduction to the economic theory, auction models are examined against the following legal criteria: price formation, publicity, parties’ autonomy, legal form and applied technology to find a legal concept and nature of auction. The book explores the legal position of key auction figures and auction objects to identify the categories of legal relations that appear at auction. It explores the legal nature of the main contract, as well as the relations between the consignor and the auctioneer, the auctioneer and the bidders, the bidders themselves, the consignor and the bidders. The book covers relations arising from droit de suite, financial and bidding agreements to provide a comprehensive overview of lesserknown legal relations that commonly arise in auction practice.
Book Synopsis Consumer Protection and Online Auction Platforms by : Christine Riefa
Download or read book Consumer Protection and Online Auction Platforms written by Christine Riefa and published by Routledge. This book was released on 2016-03-03 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: Online auctions have undergone many transformations and continue to attract millions of customers worldwide. However these popular platforms remain understudied by legal scholars and misunderstood by legislators. This book explores the legal classification of online auction sites across a range of countries in Europe. Including empirical studies conducted on 28 online auction websites in the UK, the research focusses on the protection of consumers’ economic rights and highlights the shortcomings that the law struggles to control. With examinations into important developments, including the Consumer Rights Directive and the latest case law from the CJEU on the liability of intermediaries, Riefa anticipates changes in the law, and points out further changes that are needed to create a safe legal environment for consumers, whilst preserving the varied business model adopted by online auction sites. The study provides insights into how technical measures as well as a tighter legislative framework or enforcement pattern could provide consumers with better protection, in turn reinforcing trust, and ultimately benefiting the online auction platforms themselves.
Book Synopsis The Dynamics of Auction by : Christian Heath
Download or read book The Dynamics of Auction written by Christian Heath and published by Cambridge University Press. This book was released on 2012-11-12 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Each year art and antiques worth many billions of pounds are sold at auction. These auctions consist of numerous, intense episodes of social interaction through which the price of goods rapidly escalates until sold on the strike of a hammer. In this book, Christian Heath examines the fine details of interaction that arises at auctions, the talk and visible conduct of the participants and their use of various tools and technologies. He explores how auctioneers, buyers and their representatives are able to transact the sale of diversely priced goods in just seconds. Heath addresses how order, trust and competition are established at auctions and demonstrates how an economic institution of some global importance is founded upon embodied action and interaction. The analysis is based on video recordings of sales of art and antiques gathered within a range of national and international auction houses in Europe and the United States.
Book Synopsis A Practical Guide to E-auctions for Procurement by : Jacob Gorm Larsen
Download or read book A Practical Guide to E-auctions for Procurement written by Jacob Gorm Larsen and published by Kogan Page Publishers. This book was released on 2021-02-03 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: WINNER: 2021 Plume d'Or - Grand Prix ACA-Bruel Award. A Practical Guide to E-Auctions for Procurement provides guidance to procurement professionals on how to realize the potential of e-auctions. Now is the time to optimize your e-negotiation strategy using key insights from the author Jacob Gorm Larsen, who is responsible for one of the most successful and award-winning e-sourcing programs in the world. A Practical Guide to E-Auctions for Procurement presents a proven process for developing an e-auction and e-negotiation strategy, along with a catalogue of change management initiatives for securing buy-in internally in the organization. The different e-auction formats and benefits are explained in detail and demonstrated with practical examples, templates and advice that can be adopted by the reader. Jacob and the team at Maersk are at the forefront when it comes to developing robots that execute e-auctions from end-to-end and are kicking off a transformation that will fundamentally change how we consider e-auctions and negotiations. In addition, with learnings from more than 10,000 e-auctions globally, this is the book for those in procurement looking to implement, deliver and maintain a thriving e-auction program.
Download or read book Auction Theory written by Vijay Krishna and published by Elsevier. This book was released on 2002-04-25 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Auction Theory is the standard reference on auctions and the first source of authoritative information about multi-unit auctions. The book develops the main concepts of auction theory from scratch in a self-contained and theoretically rigorous manner. It explores auctions and competitive bidding as games of incomplete information through detailed examinations of themes central to auction theory. This book complements its superb presentation of auction theory with clear and concise proofs of all results on bidding strategies, efficiency, and revenue maximization. It provides discussions on auction-related subjects, including private value auctions; the Revenue Equivalence Principle; auctions with interdependent values; the Revenue Ranking (Linkage) Principle; mechanism design with interdependent values; bidding rings; multiple object auctions; equilibrium and efficiency with private values; and nonidentical objects. This book is essential reading for graduate students taking courses on auction theory, the economics of information, or the economics of incentives, as well as for any serious student of auctions. It will also appeal to professional economists or business analysts working in contract theory, experimental economics, industrial organization, and microeconomic theory. *The standard reference on auctions and the first source of authoritative information about multi-unit auctions*Explores auctions and competitive bidding as games of incomplete information*Uses accessible, detailed examinations of themes central to auction theory
Book Synopsis Adventures at the Auction by : Leslie Hindman
Download or read book Adventures at the Auction written by Leslie Hindman and published by Three Rivers Press. This book was released on 2002-01-22 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whether you're wondering how much your grandmother's silver tea set is worth, have always wanted to go to an auction but don't know the rules, or are itching to sit down and explore eBay, Adventures at the Auction is the ideal sourcebook. Combining her expertise in live auctions, appraisals, and the fast-growing field of Internet auctions, Leslie Hindman provides all the essential information you'll need to get started and arms you with hundreds of tips on auction strategy. Illustrated with an 8-page color insert and peppered with lively anecdotes from Hindman's 25 years as an auctioneer, this book will turn even a novice into a savvy auction-goer.
Book Synopsis The Everything Online Auctions Book by : Steve Encell
Download or read book The Everything Online Auctions Book written by Steve Encell and published by Simon and Schuster. This book was released on 2006-05-11 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Everything Online Auctions Book is an inside look at how to buy or sell anything on eBay and other notable online auction sites. Steve Encell, one of the most successful dealers in the field of online auctions, gives readers the real low down on the online marketplace. Includes: Finding the right sites to buy or sell Tips on how to avoid scams, fraud, and identity theft Taking advantage of perks and promotions Organizing and maximizing business earning potential 50-plus screenshots for step-by-step instruction
Book Synopsis Bid to Win on Ebay by : Patrick C. Cook
Download or read book Bid to Win on Ebay written by Patrick C. Cook and published by Pagefree Publishing. This book was released on 2004 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bid to Win on eBay takes an in-depth look at strategies for bidding in eBay online auctions. Competitive bidding tactics are explored that help the reader competitively position in eBay auctions. Strategic bidding enhances the enjoyment of buying on eBay and helps the reader remain aware and alert leading to a safer and more enjoyable experience with eBay auctions.
Book Synopsis Business Auctions by : Richard W. Oliver
Download or read book Business Auctions written by Richard W. Oliver and published by Irwin Professional Publishing. This book was released on 1986 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Remarks Upon the Auction System, as Practised in New-York by : A plain practical man
Download or read book Remarks Upon the Auction System, as Practised in New-York written by A plain practical man and published by . This book was released on 1828 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Understanding Auctions by : Asunción Mochón
Download or read book Understanding Auctions written by Asunción Mochón and published by Springer. This book was released on 2014-09-15 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, auctions have become an important field and many markets have designed new and sophisticated auction models to assign different types of items. The prime goal of this book is to set an organized classification of the main auction mechanisms in a way that readers can understand the importance of auction design and the advantages and drawbacks of each model. Given the relevance of the subject, there is a great volume of research about this topic. Nevertheless, most of these contributions use complex mathematical language difficult to understand for the average reader. In this book, the authors summarize the main ideas of the auction theory and explain them with simple language and plenty of examples. This book is a good starting point for any researcher interested in embracing the auction design as it also includes numerous real-world examples to engage the reader in the topic. “This book fills an important gap by making the main ideas and findings of auction research accessible.” Professor Paul Milgrom, Department of Economics, Stanford University.
Book Synopsis The Wine Lover's Guide to Auctions by : Ursula Hermancinski
Download or read book The Wine Lover's Guide to Auctions written by Ursula Hermancinski and published by Square One Publishers, Inc.. This book was released on 2013-07-02 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: From America to Zanzibar, the popularity of wine has skyrocketed in recent years. While millions of people have come to appreciate wine’s taste, a growing number of collectors also recognize it as a sound investment. For these savvy individuals, as well as top chefs and wine aficionados, the wine auction has become an important place to find superior wines. Now, renowned wine auctioneer Ursula Hermacinski has written The Wine Lover’s Guide to Auctions to explain how wine auctions really work so that you, too, can become a successful player. The guide begins by exploring the history of wine auctions. It then provides information on wine basics and details the auction process—for buyers and sellers. Rounding out the book are helpful hints for starting or expanding your wine collection, choosing the best auction house for your needs, and organizing your own wine tasting.
Book Synopsis Understanding Auctions by : Srobonti Chattopadhyay
Download or read book Understanding Auctions written by Srobonti Chattopadhyay and published by Routledge. This book was released on 2019-07-03 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book elaborates the basic principles of Auction Theory in a non-technical language so as to make them easily accessible to even those not trained in the discipline. Auctions as allocation mechanisms have been in use across the world since antiquity and are still employed in different countries for purchase and sales of a wide range of objects, both by governments and by private agents. Auction has gained popularity over other allocation mechanisms since the rules of auctions are very precise, involve much less subjective judgements compared to other alternative allocation mechanisms and lead to a more efficient process of discovering the true willingness of the buyers to pay. Moreover, the principles of Auction Theory are used in other contexts, for example in designing contests, or in controlling emission levels through allocation of permits and licenses.
