Sealed-Bid Auction of Dutch Mussels: Statistical Analysis

J.P.C. Kleijnen, F.D.J. van Schaik

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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 analy- sis are obtaining insight into the important factors that determine the price of these mussels, and quantifying the performance of an individual purchase manager. Be- sides a case-study, the article is a general study on the role of auctions in supply chains and hedonic price factors.
Original languageEnglish
Place of PublicationTilburg
PublisherOperations research
Number of pages22
Volume2007-83
Publication statusPublished - 2007

Publication series

NameCentER Discussion Paper
Volume2007-83

Keywords

  • supply chain
  • hedonic price
  • purchasing
  • econometrics
  • regression

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