In all cases, no explanation of how and when these higher prices were established were provided.
At a Christie's auction on September 17th and 18th record prices were established for 20 wines.
Sale prices were established through negotiations between developers selected by the city and the city government, not through a market appraisal.
In the exchanges of Paris, Brussels, Copenhagen, Stockholm, and Zürich, some form of auction system is employed: prices are established through bids and offers made on specific securities at particular periods of time.
What we found mirrors our investigation into wine prices last year: a zig-zag pattern where prices are "established" at what critics say are artificially high levels so they can be cut to "half price" to give shoppers the false impression they are obtaining a bargain.
Fair housing laws prevent real estate professionals from discriminating against any buyer who shows interest in the property, but as you know a millennial bachelor versus a family with three kids are going to have different opinions on what constitutes a good buy, which is how housing prices are established.
"One side believes prices are established by supply and demand," Taylor says.
Already Altra has shifted 40% of the $18 billion natural gas liquids market to its system, becoming the de facto exchange where prices are established for those commodities.
Upset with the usage of his scores, he refrained from releasing them until after June's VinExpo, the massive trade show where Bordeaux prices are established.
According to Becker (1973 , 1981, to the extent that prices are established in multiple interrelated hedonic marriage markets, lower prices for married men or women may take the form of less access to consumption goods.
