研究生: |
王俊凱 Wang, Chun-Kai |
---|---|
論文名稱: |
有異質買家的順序拍賣-以台北花卉批發市場為例的實證分析 Sequential Descending-Price Auctions with Heterogeneous Buyers: An Empirical Evidence from Taipei Flower Auction |
指導教授: |
周嗣文
Chou, Eric |
口試委員: |
李宜
Lee, Yi 梁高榮 Liang, Gau-Rong |
學位類別: |
碩士 Master |
系所名稱: |
科技管理學院 - 經濟學系 Department of Economics |
論文出版年: | 2011 |
畢業學年度: | 99 |
語文別: | 中文 |
論文頁數: | 54 |
中文關鍵詞: | 拍賣 、順序拍賣 、順序荷蘭式拍賣 、異質買家 、風險趨避 、得標時間 、投標行為 、價格變動趨勢 、價格變動趨勢漸緩 |
外文關鍵詞: | Auction, Sequential Auction, Sequential Dutch Auction, Heterogeneous Buyers, Risk Aversion, Purchasing Timing, Bidding Behavior, Price Trend, The Diminishing Magnitude of Price Decline |
相關次數: | 點閱:2 下載:0 |
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本研究的目的是探究造成台北花卉批發市場成交價格遞減漸緩的原因。研究結果顯示成交價格遞減漸緩的現象與甲、乙種承銷商不同的投標行為有關,當乙種承銷商積極競標(兩種承銷商的投標行為相異)的時候,成交價格遞減的幅度會隨者競標進行而逐漸減少,如同申維綱(2010)的實證結果一般;假若乙種承銷商沒有積極競標行為出現(兩種承銷商的投標行為相同)時,成交價格遞減的幅度就不會隨者競標進行而改變,如同van den Berg G. J. et al.(2001)的實證結果一般。
In this thesis, we managed to figure out the cause of the magnitude of price decline getting smaller successfully at Taipei flower market which is organized as sequential Dutch auctions and attended by two different types of buyers: A- and B-type buyers. The main outcome of this thesis is that the magnitude of price decline is closely related to the purchasing timings of these two types of buyers. If the purchasing timings of these two types of buyers are the same (and the bidding behaviors of these two types of buyers are identical to each other), the magnitude of price decline will be constant throughout the auctions as van den Berg G. J. et al. (2001)’s expected. If not the same (and the bidding behaviors of these two types of buyers are not identical to each other), the magnitude of price decline will get smaller successfully as 申維剛 (2010)’s expected.
一、英文文獻
Ahesnfelter O. (1989), “How auction work for wine and art.” Journal of Economic Perspectives 3(3), 23-36.
Black J. and D. D. Meza (1992), “Systematic Price Differences between Successive Auctions Are No Anomaly.” Journal of Economics and Management Strategy 1, 607-628.
Branco F. (1997), “Sequential Auctions with Synergies: An Example.” Economics Letters 54, 159-163.
Conover W. J. (1999), “Practical Nonparametric Statistics 3rd-ed”, John Wiley & Sons inc.
Fevrier P., W. Roos and M. Visser (2005), “The Buyer’s Option in Multi-Unit Ascending Auctions: The Case of Wine Auctions at Drouot.” Journal of Economics and Management Strategy, 14, 813-47.
Ginsburgh V. (1998), “Absentee bidders and the declining price anomaly in wine auctions.” Journal of Political Economy, 106(6), 1302-1319.
Jeitschko T. D. (1999), “Equilibrium Price Paths in Sequential Auctions with Stochastic Supply.” Economics Letters 64, 67-62.
Krishna V. and R. W. Rosenthal (1995), “Simultaneous Auctions with Synergies.” Games and Economic Behavior 17, 1-31.
Krishna V. (2002), “Auction Theory”, Academic Press.
Laffont J.-J., Losisel P. and Robert. J. (1998), “” Intra-day dynamics in sequential auctions: theory and estimation”, mimeo. (沒有載點)
McAfee R. P. and D. Vincent (1993), “The Declining Price Anomaly.” Journal of Economic Theory 60(1), 191-212.
Menezes F. M. and P. K. Monteiro (2003) “Synergies and Price Trends in Sequential Auctions.” Review of Economics Design 8, 85-98.
Menezes. F. M. and P. K. Monteiro (2004), “Auctions with Synergies and Asymmetric.” Economic Letters, Vol. 85, Issue 2, p. 287-294.
Milgrom P.R. and Weber R.J. (1982), “A theory of auctions and competitive bidding.” Econometrica, Vol. 50, No. 5, p. 1089-1122.
Neugebauer T. and P. Pezanis-Christou (2007), “Bidding Behavior at Sequential First-Price Auctions with(out) Supply Uncertainty.” Journal of Economic Behavior & Qrganization 63(1) , 55-72.
Pezanis-Christou P. (2000), “Sepuential Descending-Price Auctions with Asymmetric Buyers: Evidence from a Fish Market.” University of Pompeu Fabra, Institute for Economic Analysis, Unpublished manuscript.
Timothy Mathews and Brett Katzman (2006), “The Role of Varying Risk Attitudes in An Auction with A Buyout Option.” Economic Theory 27, 597-613.
van den Berg G. J., J. C. van Ours and M. P. Pradhan (1999), “Declining Prices in the Sequential Dutch Flower Auction of Roses.” Tiburg University, Center for Economic Research, Working Paper No. 9952, 1999.
van den Berg G. J., J. C. van Ours and M. P. Pradhan (2001), “The Declining Price Anomaly in Dutch Dutch Rose Auction.” The American Economics Review, 91(4): 1055-1061.
二、中文文獻
申維綱(2010),「順序拍賣的價格下滑異象-以台北花卉批發市場為例的實證分析」,國立清華大學經濟學研究所碩士論文。
李伊婷(2005),「台灣花卉批發市場交易資訊流的標準化設計」,國立交通大學工業工程與管理學研究所碩士論文。
許耿豪(2005),「在時段與底價影響下進行線上分析處理導向的切花拍賣價格分析」,國立交通大學工業工程與管理學研究所碩士論文。
曾羚(2007),「連續性英式拍賣成交價格是否會下滑?-台北漁市場的實證研究」,國立台灣大學經濟學研究所碩士論文。
梁高榮(2007),「花卉產業利基發現系統」,國立交通大學工業工程管理學系發行。
顏月珠(2010),「無母數統計方法」,國立台灣大學社會科學院圖書文具部經銷。