Download or read book Legal Theory of Auction written by Kristijan Poljanec and published by Taylor & Francis. This book was released on 2022-09-09 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: The widespread understanding of auction structure considers auction as consisting of three contracts: contract between the seller and the auctioneer, contract between the auctioneer and the buyer and the sale contract between the seller and the buyer. The book challenges this concept, arguing that the traditional tripartite concept of auction is too narrow and does not correspond to the actual structure of auction relations. Demonstrating that an auction structure consists of a plethora of legal relationships, including noncontractual relations, this book explores the legal concept of auction sale and the structure of accompanying relations. The book provides a historical overview of auctions and different auction models. Following a brief introduction to the economic theory, auction models are examined against the following legal criteria: price formation, publicity, parties’ autonomy, legal form and applied technology to find a legal concept and nature of auction. The book explores the legal position of key auction figures and auction objects to identify the categories of legal relations that appear at auction. It explores the legal nature of the main contract, as well as the relations between the consignor and the auctioneer, the auctioneer and the bidders, the bidders themselves, the consignor and the bidders. The book covers relations arising from droit de suite, financial and bidding agreements to provide a comprehensive overview of lesserknown legal relations that commonly arise in auction practice.
Download or read book A Practical Treatise on the Law of Auctions with forms tables statutes cases and directions to auctioneers Third edition adapted to the recent alterations in the law written by Joseph BATEMAN and published by . This book was released on 1863 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Treatise on the Law of Principal and Agent written by Samuel Livermore and published by . This book was released on 1818 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Introduction to Auction Theory written by Flavio M. Menezes and published by Oxford University Press, USA. This book was released on 2005 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a step-by-step, self-contained treatment of auction theory and aims to provide an introductory treatment to allow students to work through all the basic results. The techniques and insights gained provide a useful starting point for those wanting to venture into information economics, mechanism design and regulatory economics.
Download or read book The Legal System of Art Auction in China written by Zhen Zheng and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first book to comprehensively and deeply explain and construct the legal system of Chinese art auctions. Based on agency theory in traditional contract law, this book combs the legal relationship between client, auctioneer, and buyer. Aiming at the most difficult problem of art identification, this book shows the obligations that auctioneers must perform and the common methods for auctioneers to avoid these obligations. The purpose of this book is to ease the current situation in which the interests of buyers and auctioneers are too opposed and speed up the legalization process of art auctions through the construction of the legal system of art auctions in China. Additionally, using the method of policy demonstration, this book discusses how public power should intervene in the process of art auctions.
Download or read book Auctions Law and Practice written by Brian W. Harvey and published by Oxford University Press, USA. This book was released on 1995 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: This extensively revised edition of Harvey and Meisel's valuable specialized work describes and analyses the law as it applies to auctions and sales. As such it will appeal to anyone connected with the auctioneering world, including agricultural auctioneers, car auctioneers, property auctioneers, and fine art auctioneers. This edition includes analysis of new English cases and the growing body of European and international law affecting auctions and sales. It is both a practical book of reference and a serious academic study of a neglected yet fascinating subject.
Download or read book A Treatise on the Law of Auctions with an Appendix of Precedents written by Richard Babington and published by . This book was released on 1826 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Putting Auction Theory to Work written by Paul Milgrom and published by Cambridge University Press. This book was released on 2004-01-12 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive introduction to modern auction theory and its important new applications. It is written by a leading economic theorist whose suggestions guided the creation of the new spectrum auction designs. Aimed at graduate students and professionals in economics, the book gives the most up-to-date treatments of both traditional theories of 'optimal auctions' and newer theories of multi-unit auctions and package auctions, and shows by example how these theories are used. The analysis explores the limitations of prominent older designs, such as the Vickrey auction design, and evaluates the practical responses to those limitations. It explores the tension between the traditional theory of auctions with a fixed set of bidders, in which the seller seeks to squeeze as much revenue as possible from the fixed set, and the theory of auctions with endogenous entry, in which bidder profits must be respected to encourage participation.
Download or read book An Introduction to Auction Theory written by Flavio M. Menezes and published by OUP Oxford. This book was released on 2004-11-04 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Auction theory is now an important component of an economist's training. The techniques and insights gained from the study of auction theory provide a useful starting point for those who want to venture into the economics of information, mechanism design, and regulatory economics. This book provides a step-by-step, self-contained treatment of the theory of auctions. It allows students and readers with a calculus background to work through all the basic results, covering the basic independent-private-model; the effects of introducing correlation in valuations on equilibrium behaviour and the seller's expected revenue; mechanism design; and the theory of multi-object auctions.
Download or read book A Practical Treatise on the Law of Auctions written by Joseph Bateman and published by . This book was released on 1882 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Auction Theory and Standstills written by Christina M. Sautter and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fundamental issue in Delaware mergers & acquisitions (M&A) law is the extent to which a target company's board of directors may restrict a sales process to extract value from bidders and grant a “winning bidder” certain deal protections to protect a transaction from being overbid. Standstill agreements are one such form of deal protection. Standstills prevent bidders from making or announcing a bid for the target without the target's consent both during the sales process and for a period after the sales process is completed and the target has executed an agreement with a “winning bidder.” Recent 2011 and 2012 Delaware Court of Chancery rulings have placed a new spotlight on the use of standstill agreements in M&A deals and specifically in change of control transactions. In particular, these cases highlight the restrictiveness of some standstills and open up discussion as to how restrictive a standstill may be without violating a target company board of directors' duty to maximize stockholder value. This Article makes a unique contribution because it is the first paper to apply auction theory in critiquing and evaluating the need for standstills in M&A transactions. Auction theory utilizes economics to design optimal bid-ding procedures and revenue enhancing auctions. The application of auction theory to standstills is particularly well suited as the execution of a standstill is often cited as resulting in increased value during the sales process. Using auction theory and recent Delaware case law as a foundation, this Article provides a new framework for the use of standstills. It argues that to the extent standstills provide an entry into the due diligence and general sales processes, standstills may help to enhance value. Moreover, the promise of standstill restrictions continuing post-signing may aid in incentivizing bidders to submit their highest offers during the pre-signing sale process. But the use of more restrictive standstills like those in which a bidder agrees not to request a waiver and a target agrees in advance not to waive a standstill (or Don't Ask, Don't Waive (DADW) standstills) should turn on whether strategic or financial bidders are involved in the process as well as the amount of pre-signing shopping of the target engaged in by the board. This Article provides a new framework for dealmakers and for courts taking into con-sideration those factors. Among other things, this framework suggests that if dealmakers are to continue their use of DADW standstills, that they be paired with a minimal fiduciary out and with a staggered termination fee. #
Download or read book Auction Theory written by Vijay Krishna and published by Academic Press. This book was released on 2009-09-28 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Auction Theory, Second Edition improves upon his 2002 bestseller with a new chapter on package and position auctions as well as end-of-chapter questions and chapter notes. Complete proofs and new material about collusion complement Krishna’s ability to reveal the basic facts of each theory in a style that is clear, concise, and easy to follow. With the addition of a solutions manual and other teaching aids, the 2e continues to serve as the doorway to relevant theory for most students doing empirical work on auctions. Focuses on key auction types and serves as the doorway to relevant theory for those doing empirical work on auctions New chapter on combinatorial auctions and new analyses of theory-informed applications New chapter-ending exercises and problems of varying difficulties support and reinforce key points
Download or read book The Principles Rules and Laws of Auction Bridge written by and published by . This book was released on 1910 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bateman s Law of Auctions written by Joseph Bateman and published by . This book was released on 1895 with total page 644 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Principles Rules and Laws of Auction Bridge Stated Explained written by Joseph Bowne Elwell and published by . This book was released on 1910 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Putting Auction Theory to Work written by Paul Robert Milgrom and published by Cambridge University Press. This book was released on 2004-01-12 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Table of contents
Download or read book Auction Theory for Computer Networks written by Dusit Niyato and published by Cambridge University Press. This book was released on 2020-06-11 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do you have the tools to address recent challenges and problems in modern computer networks? Discover a unified view of auction theoretic applications and develop auction models, solution concepts, and algorithms with this multidisciplinary review. Devise distributed, dynamic, and adaptive algorithms for ensuring robust network operation over time-varying and heterogeneous environments, and for optimizing decisions about services, resource allocation, and usage of all network entities. Topics including cloud networking models, MIMO, mmWave communications, 5G, data aggregation, task allocation, user association, interference management, wireless caching, mobile data offloading, and security. Introducing fundamental concepts from an engineering perspective and describing a wide range of state-of-the-art techniques, this is an excellent resource for graduate and senior undergraduate students, network and software engineers, economists, and researchers.
