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Articles 1 - 3 of 3
Full-Text Articles in Business
Huge Growth Potential In 2015 For Used Books Market - A Surney, Lissa Coffey
Huge Growth Potential In 2015 For Used Books Market - A Surney, Lissa Coffey
LissaCoffey
Selling Buying Used Books - A Market With Huge Potential in 2015 - Selling/buying books online is a great way to earn extra income and an upcoming market having huge growth potential in 2015. Size the US market for used books ... Conduct research on used book selling and buying activities. The starting point for their analysis is the double-edged impact of a used book market ... But there's another effect: the presence of a market for used books ... "The growth reflects how easy is has become to sell used books.The used book market for college textbooks has been …
Esochoice: The Self-Manipulation Of Tastes By Chameleonic Decision Makers, Brian J. Gibbs
Esochoice: The Self-Manipulation Of Tastes By Chameleonic Decision Makers, Brian J. Gibbs
Brian J. Gibbs
No abstract provided.
The Relation Between Variance And Information Rents In Auctions, Brett Katzman, Julian Reif, Jesse Schwartz
The Relation Between Variance And Information Rents In Auctions, Brett Katzman, Julian Reif, Jesse Schwartz
Jesse A. Schwartz
This paper examines the conventional wisdom, expressed in McAfee and McMillan's (1987) widely cited survey paper on auctions, that links increased variance of bidder values to increased information rent. We find that although the conventional wisdom does indeed hold in their (1986) model of a linear contract auction, this relationship is an artifact of that particular model and cannot be generalized. Using Samuelson's (1987) model, which is similar but allows for unobservable costs, we show that increased variance does not always imply increased information rent. Finally, we give the appropriate measure of dispersion (different from variance) that provides the link …