Does sealed bidding promote competition in the auctioning of public timber?

Journal of Forest Economics

Volumn 3, Issue 2, 1997, Pages 133-142

  Stone, Jennifer S ^a   Rideout, Douglas B ^a  

^a Department of Environmental and Radiological Health Sciences   (United States)

Author keywords

Auctions; Oral; Sealed; Slutsky

Indexed keywords

FOREST RESOURCES;

USA;

EID: 0031391430     PISSN: 11046899     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (9)

1. Hansen, R. G., 1986. Sealed-Bid Versus Open Auctions: the Evidence. Economic Inquiry, 24, 125-142.
2. Haynes, R. W., 1979. An Evaluation of Two Measures of Competition for National Forest Timber Sales, USDA Forest Service Research Note PNW-337.
3. Johnson, R. N., 1979. Oral Auction Versus Sealed Bids: an Empirical Investigation. Natural Resource Journal, 19, 315-335.
4. Mead, W. J., 1966. Competition and Oligopsony in the Douglas Fir Lumber Industry (Berkeley: University of California Press).
5. Pindyck, R. S. & Rubinfeld, D. L., 1991. Econometric Models and Economic Forecasts, Third Edition (New York: McGraw-Hill, Inc.).
6. Schuster, E. G. & Niccolucci, M. J., 1994. Sealed-Bid Versus Oral-Auction Timber Offerings: Implications of Imperfect Data. Canadian Journal of Forest Research, 24, 87-91.
7. Weiner, A. A., 1969. A Study of One-Bid Timber Sales in the Normally Competitive Douglas-Fir Region in Oregon and Washington, USDA Forest Service.
8. Weiner, A. A., 1979. Sealed Bids or Oral Auctions: Which Yield Higher Prices? Journal of Forestry, 77(6), 353-356.
9. Weintraub, S., 1958. An Examination of Some Economic Aspects of Forest Service Stumpage Prices and Appraisal Policies, USDA Forest Service.