2018-03-22Diskussionspapier
Farmland Values and Bidder Behavior in First-Price Land Auctions (02/2018)
Croonenbroeck, Carsten; Odening, Martin; Hüttel, Silke
Within this paper, we aim to investigate asymmetries among bidders in land auctions that may entail non-competitive prices. Using representative data for Eastern Germany including winning bids, bidder characteristics, and ...