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The impact of electronic auction systems on fish prices

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  • Game and experimental theorists have specified the conditions under which different auction systems may lead to distinct price levels. By changing the sales organisation, the introduction of electronic auction systems on first-hand fish markets is expected to have modified bidders' habits, hence affecting the price levels. A demand model based on weekly series between January 1999 and December 2003 is estimated for Nephrops norvegicus in two French ports where different electronic systems have been introduced, in order to identify a structural break concurrent with the date of implementation. Because unit root tests led to reject the non-stationarity of series, a recent standard model searching for multiple breaks has been estimated. Evidence for a single breakpoint within the sample is found and discussed is socioeconomic terms.
  • Keywords: electronic auction, Fisheries Economics, structural change, fish prices, Demand and Supply
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  • Guillotreau, Patrice, Ramon Jimenez Toribio. 2004. The impact of electronic auction systems on fish prices. Peer Review: No. In: Proceedings of the Twelfth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 20-30, 2004, Tokyo, Japan: What are Responsible Fisheries? Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2004. CD ROM. ISBN 0-9763432-0-7
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