Sealed-Bid Auction of Dutch Mussels: Statistical Analysis

Jack P.C. Kleijnen and F.D.J. van Schaik
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F.D.J. van Schaik: Tilburg University, Center for Economic Research

No 2007-83, Discussion Paper from Tilburg University, Center for Economic Research

Abstract: This article presents an econometric analysis of the many data on the sealed-bid auction that sells mussels in Yerseke town, the Netherlands. The goals of this analy- sis are obtaining insight into the important factors that determine the price of these mussels, and quantifying the performance of an individual purchase manager. Be- sides a case-study, the article is a general study on the role of auctions in supply chains and hedonic price factors.

JEL-codes: C0 C1 C9 (search for similar items in EconPapers)
Date: 2007

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Persistent link: http://EconPapers.repec.org/RePEc:dgr:kubcen:200783

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