A Comparison of Prices Brought by English Auctions and Private Negotiations
比较了英式拍卖与私下谈判在中等价位到高价住宅市场中的成交价格，发现拍卖能获得更高价格，表明定价机制影响交易结果。
A comparison of house prices brought by English auctions and private negotiations produced evidence that the pricing mechanism matters. In an active market for middle‐ to high‐priced houses, auctions extracted higher prices than private negotiations.