Matching auction with winner’s curse and imperfect financial markets

Matros, Alexander (2012) Matching auction with winner’s curse and imperfect financial markets. Economics Letters, 115 (3). pp. 500-503. ISSN 0165-1765

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Abstract

This paper explains how and why the Matching Auctions work better with Imperfect Financial Markets. We show that an efficient outsider can obtain a “good” project even if the insider has informational advantage.

Item Type:
Journal Article
Journal or Publication Title:
Economics Letters
Uncontrolled Keywords:
/dk/atira/pure/subjectarea/asjc/2000/2003
Subjects:
?? asymmetric informationadverse selection winner’s curse takeover gamefinanceeconomics and econometrics ??
ID Code:
61397
Deposited By:
Deposited On:
02 Jan 2013 11:20
Refereed?:
Yes
Published?:
Published
Last Modified:
15 Jul 2024 13:31