Judicial versus Private Auctions: Better without Protection?

Using a sample of 680 and 1,300 judicial and private auctions respectively, we analyze the effect on the wealth of those the law is intended to protect of different regulations applicable to each type of auctions. We find that consistent with a simple economic model, Courts assign judicial auctions...

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Bibliographic Details
Main Authors: Ricardo D. Paredes, Andrés Crisosto K., Philippe Martí C.
Format: Article
Language:English
Published: Universidad de Chile 2015-09-01
Series:Estudios de Economía
Online Access:https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/37249