| Description |
1 online resource (249 p.) |
| Contents |
Cover -- Half Title -- Title -- Copyright -- Dedication -- Contents -- Preface -- List of acronyms -- Table of cases -- Table of legislation -- Introduction -- Price-determination methods -- Brief note on the auction history -- The rationale for this book -- About the comparative legal method adopted in this book -- Lack of comparative researches -- Local character of auction sales -- Self-regulatory character of auction rules -- Fragmentary character of auction law -- The comparative method -- The objectives of the comparison -- Contents of this book and the problems covered |
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Defining the legal concept of auction -- Defining the structure of auction relationships -- Defining the legal concept of internet auction -- Filling the gaps in the EU resale right regime -- Defining the legal nature of auction guarantees and the influence thereof on the position of the auctioneer -- Finding a demarcation line between licit and illicit price-influencing tactics at auction -- 1 Legal concept of auction -- Introduction -- Economic concept of auction -- Models -- One-sided and double-sided auctions -- Private value and common value auctions |
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Open-bid auctions and sealed-bid auctions -- Revenue equivalence theorem -- The theorem -- The critics of the theorem -- Legal concept of auction -- Typical models -- Ascending (English) auction -- Features -- Public and private auctions -- Written and oral auctions -- Absentee bids -- Limited and unlimited absentee bids -- Descending (Dutch) auction -- Features -- Subcategories -- Is Dutch auction an auction at all? -- Auction and auction-like bidding mechanisms -- Games of chance and auctions -- 'Controlled' uncertainty -- No risk of losing the stake -- Purpose -- Competitive bidding |
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Public procurement and auction -- Stock exchange and auction -- Auction and the public promise of a reward -- Interim conclusion -- 2 Auction relationships -- Introduction -- Auction participants -- Seller -- Auctioneer -- The notion -- Consigned and property auction -- Bidders -- Objects -- Legal relationships at English auction -- Consignment agreement -- Continental law -- Intermediation -- Representation -- Direct representation -- Indirect representation -- Auctioneer acting as sole contractor -- Ambiguities concerning representation -- Rights and duties of the auctioneer |
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Fiduciary duties of the auctioneer -- Personal engagement in carrying out themandate -- Avoidance of conflict of interest -- Adherence to the consignor's instructions -- Receipt of the price -- Rights -- Brokerage fee -- Damages -- Advances -- Anglo-American law -- Agency -- Rights and duties of the auctioneer -- The authority of the auctioneer -- Fiduciary duty -- Personal engagement of the auctioneer -- Receipt of the price -- Rights -- Brokerage fee -- Indemnities -- Relationship between the auctioneer and the bidders -- Continental law -- Anglo-American law |
| Notes |
Description based upon print version of record |
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The relationships between the bidders |
| Form |
Electronic book
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| ISBN |
9781000647136 |
|
1000647137 |
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