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Export Reference (APA) 
Greve, T. (2023). Auctions with In-house Bids. Penn State.
Export Reference (IEEE) 
T. Greve,  "Auctions with In-house Bids", in Penn State, Pennsylvania, 2023
Export BibTeX 
@misc{greve2023_1716035189281,
	author = "Greve, T.",
	title = "Auctions with In-house Bids",
	year = "2023",
	howpublished = "Digital",
	url = "https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4672348"
}
Export RIS 
TY  - CPAPER
TI  - Auctions with In-house Bids
T2  - Penn State
AU  - Greve, T.
PY  - 2023
CY  - Pennsylvania
UR  - https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4672348
AB  - This paper studies the phenomenon of overlapping auction dates in the art market.
Using hand-collected data from both Christie’s and Sotheby’s over the period January
2021 to December 2022, we find that the percentage of overlapping dates for the sale of
art prints was between 50% and 91%. Using a two-period model, we show that it is best
for an auction house to auction its items as the second house (i.e. in the second period),
leading to an equilibrium where they align their auction dates to overlap.
ER  -