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Charity Art Auctions
| Content Provider | Semantic Scholar |
|---|---|
| Author | Canals-Cerdá, José J. |
| Copyright Year | 2014 |
| Abstract | type="main" xml:id="obes12045-abs-0001"> Using a unique panel data set of art auctions on eBay, we conduct an empirical analysis of the impact of charity status on the outcome of an auction and find it to be substantial. Charity status increases the probability of sale by 46%, the observed number of bidders by 111% and the sale price by 45%. In addition, charity status substantially lowers the auction's opening price. Interestingly, the effect of charity status declines over time indicating that charity auctions may be susceptible to donor fatigue. |
| Starting Page | 924 |
| Ending Page | 938 |
| Page Count | 15 |
| File Format | PDF HTM / HTML |
| DOI | 10.2139/ssrn.1220664 |
| Volume Number | 76 |
| Alternate Webpage(s) | http://campus.usal.es/~ehe/Papers/1.0%20Charity%20Art%20Auctions%20v2%20All.pdf |
| Alternate Webpage(s) | https://doi.org/10.2139/ssrn.1220664 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |