Plausibly Exogenous [894] - Bidding (07/01/2022)
LHS Variable
Outcomes of high-stake auctions
RHS Variable
Bidders’ behavioral biases and sellers’ strategic responses
Source of Exogenous Variation
Introduction of laws deterring “underquoting” in real estate auctions
- Gargano and Giacoletti (2020), “Cooling Auction Fever: Evidence from the Housing Market”