Vickrey Auctions in Practice¶
Lucking-Reiley. (1893). Vickrey Auctions in Practice: From Nineteenth-Century Philately to Twenty-First-Century E-Commerce. Journal of Economic Perspectives.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Domain-specific¶
- Vickrey Auction
- Single-good sealed-bid sales — the canonical home, including the postage-stamp and rare-book auctions where dealers used second-price sealed bidding for decades, predating Vickrey's analysis
This sourceA survey of Vickrey auctions in practice that extends from nineteenth-century stamp sales to twenty-first-century e-commerce.
Supported in partVerified against the publisher's abstract
“This paper presents evidence that Vickrey auctions have long been the predominant auction format for mail sales of collectible postage stamps.”
- Single-good sealed-bid sales — the canonical home, including the postage-stamp and rare-book auctions where dealers used second-price sealed bidding for decades, predating Vickrey's analysis
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