Sealed-Bid Auction of Dutch Mussels: Statistical Analysis

Kleijnen, Jack P. C.; Schaik, Frans van

doi:10.2139/ssrn.1025401

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Sealed-Bid Auction of Dutch Mussels: Statistical Analysis

CentER Discussion Paper No. 2007-83

22 Pages Posted: 29 Oct 2007

See all articles by Jack P. C. Kleijnen

Frans van Schaik

University of Amsterdam

Date Written: October 2007

Abstract

This article presents an econometric analysis of the many data on the sealed-bid auction that sells mussels in Yerseke town, the Netherlands. The goals of this analysis are obtaining insight into the important factors that determine the price of these mussels, and quantifying the performance of an individual purchase manager. Besides a case-study, the article is a general study on the role of auctions in supply chains and hedonic price factors.

Keywords: supply chain, hedonic price, purchasing, econometrics, regression

JEL Classification: C0, C1, C9

Suggested Citation: Suggested Citation

Kleijnen, Jack P.C. and Schaik, Frans van, Sealed-Bid Auction of Dutch Mussels: Statistical Analysis (October 2007). CentER Discussion Paper No. 2007-83, Available at SSRN: https://ssrn.com/abstract=1025401 or http://dx.doi.org/10.2139/ssrn.1025401