What can research tell us about the upsides and risks of going to auction? And what can a failed auction mean for a property’s final selling price?
Articles on Auctions
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National auction clearance rates are now lower than usual. But a closer look at the data reveals some of these housing trends began months ago.
Kraftwerk helped invent modern electronic music. What happens to their legacy when a co-founder’s studio is broken up and sold off?
In hot housing markets, buyers who outbid rivals often overpay – and face higher risks of loss and foreclosure.
A ceratosaurus fossil has sold for US$30 million in New York, infuriating many dinosaur experts. Here’s why they ought to think again.
Stamp duty costs Victorians about $9 billion a year. There are more efficient ways to tax property.
A collection of skulls and shrunken heads has been removed from a leading auction site, but the trade in human remains is unregulated and ongoing.
The upcoming auction of Joan Didion’s belongings, from oversized sunglasses to iconic furniture only adds to our romanticised vision of the author’s persona.
Fracking in the UK has a difficult history – economic theory suggests that whether fracking should occur is a simple case of consent and compensation.
Derided as ‘toys for the rich,’ the specimens being bought and sold raise broader questions about the relationship between science and capitalism.
The ANC has been using multiple tactics to fend off the looming calamity of not having Ramaphosa as its president, and that of the country, in the clear absence of a credible candidate to replace him.
To see just how far people were willing to go to win, we studied people’s behaviour in one of the most competitive bidding environments possible: a Dutch auction.
Their big contribution was that auctions aren’t just auctions. How an auction is designed matters enormously for what it does.
For their work on auctions and ‘the winner’s curse’, Stanford neigbhours Paul Milgrom and Robert Wilson have won the 2020 Nobel Prize for economics.
In the immaterial world of online sales, how important are sellers’ reputation? An analysis of 1,000 eBay auctions provides an unexpected answer: not very.
When artists destroy their works, it’s usually to express their disdain for critics, dealers and curators. But does this get lost in the attention, hype and money that follows?
It’s not fair to evict people against their will. On the other hand, one holdout shouldn’t be able to derail the sale of an entire strata-titled apartment block. Now an international team has come up with an ingenious solution.
Sales of antiquities legally excavated are just as ethically problematic as those likely looted.
Auctioneers have put a record price tag on the ultimate symbol of 60s counterculture and vintage nostalgia.
Top contributors
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Senior Lecturer in Museum Studies, UCL
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Senior Lecturer in Product Design, Nottingham Trent University
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Associate Professor of Art History and Museum Studies, University of Maryland, Baltimore County
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Visiting Professor, School of Economics, Adelaide University
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Associate Professor of Economics, Adelaide University
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Visiting Professor and Professor Emeritus, University of the Witwatersrand
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Senior lecturer, Canberra School of Government, University of Canberra
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Senior Lecturer in Economics, Lancaster University Management School, Lancaster University
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Scientia Professor of Economics, UNSW
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Associate Professor of History, Brown University
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Leverhulme Early Career Fellow in English, University of Cambridge
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PhD candidate, University of Newcastle
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Scientia Professor, UNSW
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Associate Professor of Finance, IÉSEG School of Management
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Lecturer in Social Anthropology, University of Reading