| Preface |
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xiv | |
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xvi | |
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xviii | |
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xix | |
| Introduction |
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1 | (14) |
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Price-determination methods |
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1 | (1) |
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Brief note on the auction history |
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2 | (1) |
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The rationale for this book |
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2 | (1) |
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About the comparative legal method adopted in this book |
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3 | (1) |
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Lack of comparative researches |
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3 | (1) |
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Local character of auction sales |
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4 | (1) |
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Self-regulatory character of auction rules |
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5 | (1) |
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Fragmentary character of auction law |
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5 | (1) |
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6 | (1) |
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The objectives of the comparison |
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7 | (1) |
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Contents of this book and the problems covered |
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8 | (1) |
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Defining the legal concept of auction |
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8 | (1) |
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Defining the structure of auction relationships |
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9 | (1) |
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Defining the legal concept of internet auction |
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9 | (1) |
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Filling the gaps in the EU resale right regime |
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9 | (1) |
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Defining the legal nature of auction guarantees and the influence thereof on the position of the auctioneer |
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10 | (1) |
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Finding a demarcation line between licit and illicit price-influencing tactics at auction |
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10 | (5) |
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1 Legal concept of auction |
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15 | (23) |
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15 | (1) |
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Economic concept of auction |
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15 | (1) |
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16 | (1) |
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One-sided and double-sided auctions |
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16 | (1) |
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Private value and common value auctions |
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16 | (1) |
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Open-bid auctions and sealed-bid auctions |
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17 | (1) |
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Revenue equivalence theorem |
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18 | (1) |
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18 | (1) |
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The critics of the theorem |
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19 | (1) |
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20 | (1) |
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21 | (1) |
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Ascending (English) auction |
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21 | (1) |
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21 | (1) |
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Public and private auctions |
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21 | (1) |
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Written and oral auctions |
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22 | (1) |
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22 | (1) |
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Limited and unlimited absentee bids |
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23 | (1) |
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Descending (Dutch) auction |
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24 | (1) |
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24 | (1) |
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24 | (1) |
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Is Dutch auction an auction at all? |
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25 | (1) |
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Auction and auction-like bidding mechanisms |
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26 | (1) |
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Games of chance and auctions |
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26 | (1) |
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27 | (1) |
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No risk of losing the stake |
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27 | (1) |
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28 | (1) |
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28 | (1) |
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Public procurement and auction |
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28 | (1) |
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Stock exchange and auction |
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29 | (1) |
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Auction and the public promise of a reward |
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30 | (1) |
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31 | (7) |
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38 | (52) |
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38 | (1) |
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39 | (1) |
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39 | (1) |
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40 | (1) |
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40 | (1) |
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Consigned and property auction |
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40 | (1) |
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41 | (1) |
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41 | (1) |
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Legal relationships at English auction |
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42 | (1) |
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42 | (1) |
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42 | (1) |
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42 | (2) |
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44 | (1) |
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44 | (1) |
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45 | (1) |
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Auctioneer acting as sole contractor |
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46 | (1) |
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Ambiguities concerning representation |
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47 | (1) |
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Rights and duties of the auctioneer |
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48 | (1) |
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Fiduciary duties of the auctioneer |
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48 | (1) |
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Personal engagement in carrying out the mandate |
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48 | (1) |
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Avoidance of conflict of interest |
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48 | (1) |
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Adherence to the consignor's instructions |
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48 | (1) |
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49 | (1) |
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50 | (1) |
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50 | (1) |
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50 | (1) |
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50 | (1) |
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51 | (1) |
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51 | (1) |
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Rights and duties of the auctioneer |
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52 | (1) |
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The authority of the auctioneer |
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52 | (1) |
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53 | (1) |
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Personal engagement of the auctioneer |
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53 | (1) |
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53 | (1) |
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54 | (1) |
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54 | (1) |
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54 | (1) |
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Relationship between the auctioneer and the bidders |
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55 | (1) |
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55 | (4) |
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59 | (1) |
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The relationships between the bidders |
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60 | (1) |
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60 | (1) |
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60 | (1) |
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60 | (2) |
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The existence of an offer |
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62 | (1) |
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The effect of the last (in)valid bid for previous bids |
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63 | (1) |
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64 | (1) |
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64 | (1) |
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Notification of the knock-down |
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64 | (1) |
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Auction sale with a `retention of higher offer' clause (in diem addictio) |
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65 | (1) |
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Legal implications of the auction sale |
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66 | (1) |
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Transfer of risks and conveyance of property |
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66 | (1) |
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67 | (1) |
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68 | (1) |
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68 | (1) |
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69 | (1) |
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Sale without reserve (absolute auction sale) |
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70 | (1) |
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Sale without restrictions |
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71 | (1) |
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Transfer of risks and conveyance of property |
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71 | (1) |
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Legal relationships (Dutch auction) |
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71 | (1) |
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72 | (18) |
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90 | (30) |
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90 | (1) |
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The legal concept of internet auction |
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91 | (1) |
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Internet auction and other distance sales |
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91 | (1) |
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91 | (1) |
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English (ascending) and Dutch (descending) auction |
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91 | (1) |
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92 | (1) |
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Live auctions and combined internet auctions |
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92 | (1) |
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Business-to-consumer auction |
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92 | (1) |
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Consumer-to-consumer auction |
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92 | (1) |
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Business-to-business auction |
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93 | (1) |
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Business-to-administration (business-to-government) auction |
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93 | (1) |
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Government-to-consumer auction |
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93 | (1) |
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Proprietary and intermediary auctions |
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93 | (1) |
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User-to-customer and auctioneer-to-customer auctions |
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94 | (1) |
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`Pay-to-sell' and `pay-to-buy' auctions |
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94 | (1) |
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Differences between internet and physical auction |
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94 | (1) |
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Auction platform as a neutral intermediary |
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94 | (2) |
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Auction platform as an auctioneer |
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96 | (1) |
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The agency character of an auction platform |
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96 | (1) |
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Virtual knock-down: functional equivalent to the traditional fall of the hammer |
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97 | (1) |
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98 | (1) |
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Disadvantages of internet auctioneering |
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99 | (1) |
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99 | (1) |
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100 | (1) |
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101 | (1) |
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Delocalisation of auction sale and the problem of applicable law |
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101 | (1) |
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101 | (1) |
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The general regime for (internet) auction sales |
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101 | (2) |
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Special regime for consumer (internet) auctions |
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103 | (1) |
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The jurisdiction: principle of forum loci acti |
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103 | (1) |
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Platform's immunity from liability |
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104 | (2) |
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106 | (1) |
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User framework agreements |
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106 | (2) |
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Individual user agreements |
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108 | (1) |
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Seller-auctioneer relationship |
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108 | (1) |
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Bidder-auctioneer relationship |
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108 | (1) |
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109 | (1) |
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109 | (11) |
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4 Auction and the EU artist's resale right |
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120 | (29) |
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120 | (1) |
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Origins of the resale right |
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121 | (1) |
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Civil-law and common-law views on the resale right |
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121 | (1) |
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121 | (1) |
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Moral grounds for the introduction of the resale right |
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121 | (1) |
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Need to fight social inequalities |
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122 | (1) |
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123 | (1) |
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Utilitarian theory of copyright |
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123 | (1) |
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Free alienation of personal property |
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124 | (1) |
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EU Resale Right Directive |
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124 | (1) |
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125 | (2) |
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Scope of application of the EU resale right |
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127 | (1) |
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Notion and legal nature of the resale right |
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127 | (1) |
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Transactions subject to resale right |
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128 | (1) |
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128 | (1) |
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Is an internet auctioneer an `art market professional'? |
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129 | (1) |
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Sales exempted from the resale right |
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130 | (1) |
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Persons liable for payment |
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130 | (1) |
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Seller's liability -- the principal model |
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130 | (1) |
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Alternative liability regimes |
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131 | (1) |
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The auctioneer's liability for payment of royalty |
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132 | (1) |
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Circumvention of strictness of liability rules via indirect representation |
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132 | (1) |
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The `passing-on' of the royalty |
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133 | (1) |
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Works covered by the resale right |
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133 | (1) |
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Claim for payment of royalty |
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134 | (1) |
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The establishment of the royalty claim |
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134 | (1) |
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135 | (1) |
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Deduction of auctioneer's fees from the calculation basis? |
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136 | (1) |
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Calculation, collection and management of the royalty |
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137 | (1) |
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Persons entitled to royalty |
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138 | (2) |
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140 | (1) |
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141 | (8) |
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149 | (22) |
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149 | (1) |
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150 | (1) |
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Types of auction guarantees |
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150 | (1) |
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150 | (1) |
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151 | (2) |
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Irrevocable bid (stand-by guarantee) |
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153 | (1) |
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Legal nature of auction guarantees |
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154 | (1) |
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Auction guarantee and unilateral promise to buy |
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154 | (1) |
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Auction guarantee and `restitute or buy' contract |
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154 | (1) |
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Conditional private-treaty sale |
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155 | (1) |
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Auction guarantees at continental auction sales |
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156 | (2) |
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Impact of the auction guarantees on the art market |
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158 | (1) |
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Auction guarantees meet critics |
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158 | (2) |
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Economic advantages of auction guarantees |
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160 | (1) |
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Reforming the auction guarantees |
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161 | (2) |
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Collective funding campaigns: alternative to auction guarantees? |
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163 | (2) |
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165 | (6) |
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6 Price-influencing tactics |
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171 | (33) |
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171 | (1) |
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172 | (1) |
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172 | (1) |
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172 | (1) |
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Knock-down to the best bidder |
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172 | (1) |
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172 | (1) |
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173 | (2) |
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Knock-down to the seller or puffer |
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175 | (1) |
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176 | (1) |
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Knock-down to the best bidder |
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176 | (1) |
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177 | (1) |
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177 | (1) |
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178 | (1) |
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Knock-down to the seller or puffer |
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178 | (1) |
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179 | (1) |
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180 | (1) |
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Person entitled to seek damages |
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180 | (1) |
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Person liable for damages |
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180 | (1) |
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181 | (1) |
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181 | (1) |
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Proving causation and measure of damage in antitrust cases |
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182 | (2) |
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Abstention agreements (`bid-rigging') |
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184 | (1) |
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Abstention from bidding for the benefit of a single bidder (pactum de non licitando) |
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185 | (1) |
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186 | (1) |
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186 | (1) |
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186 | (1) |
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186 | (2) |
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188 | (1) |
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188 | (1) |
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189 | (1) |
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189 | (1) |
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189 | (1) |
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190 | (1) |
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Bid-rigging for the joint account of several bidders (`auction rings') |
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191 | (1) |
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192 | (1) |
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Damages under competition law |
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193 | (1) |
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Bona fide partnership for the joint account of bidders (buyers' consortium, Bietergemeinschaft, Einkaufsgemeinschaft, convention d'association) |
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193 | (1) |
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194 | (10) |
| Conclusion |
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204 | (8) |
| Bibliography |
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212 | (8) |
| Index |
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220 | |
Rohkem infot Taylor & Francis e-raamatute kohta