This paper estimates a hedonic price function for hake using data from a fish auction market in Northern Spain. The model includes some variables that have not been previously considered in the literature, such as the number of boats present at the auction, the number of buyers, the number of yearly landings at this port by boats, the effect of holidays, and the order of the boat in the auction, which is the main variable of interest. Aside from confirming that well-known fish characteristics (such as size and freshness) contribute to higher prices, the results show that boat order has a quadratic relationship with price, implying that there is an optimal order in the auction. Furthermore, the results also show that fishmongers pay higher prices than do larger buyers, that boats that land more often at the port get a premium, and that lower prices are reached on the days before and after a holiday.

中文翻译：

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拍卖中的船只订单会影响鱼市的价格吗？西班牙北部无须鳕的享乐定价

本文使用西班牙北部鱼类拍卖市场的数据估计了无须鳕的特征价格函数。该模型包括一些以前没有在文献中考虑过的变量，例如参加拍卖的船只数量、买家数量、每年在该港口登陆的船只数量、假期的影响以及订单拍卖中的船，这是主要的兴趣变量。除了确认众所周知的鱼类特征（如大小和新鲜度）导致价格上涨外，结果还表明船订单与价格呈二次关系，这意味着拍卖中有一个最优订单。此外，结果还表明，鱼贩支付的价格高于大买家，经常在港口停靠的船只获得溢价，