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Auctioned and re-au...
Auctioned and re-auctioned children in 19th century Sweden
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- Bergman, Mats, 1964- (author)
- ECON, Centre for Economic Analysis, Stockholm
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- Lundberg, Sofia, 1969- (author)
- Umeå universitet,Institutionen för nationalekonomi
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(creator_code:org_t)
- Umeå : Umeå University, 2000
- English 28 s.
- Related links:
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https://umu.diva-por... (primary) (Raw object)
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https://urn.kb.se/re...
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Abstract
Subject headings
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- During the 19th century, poor and orphan Swedish children were boarded out. The foster-parents, compensation was determined in English auctions. Some children were re-auctioned. We use historical data from such auctions to study whether informational asymmetry and possibly adverse selection affected the outcome in the market for re-auctioned children. The empirical findings are consistent with some informational asymmetry.
Subject headings
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Ekonomisk historia (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economic History (hsv//eng)
- HUMANIORA -- Historia och arkeologi -- Historia (hsv//swe)
- HUMANITIES -- History and Archaeology -- History (hsv//eng)
- SAMHÄLLSVETENSKAP -- Sociologi (hsv//swe)
- SOCIAL SCIENCES -- Sociology (hsv//eng)
Keyword
- Adverse selection
- asymmetric information
- common value
- English auction
- private values
Publication and Content Type
- vet (subject category)
- rap (subject category)
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