Equilbrium Price Paths in Sequential Auctions with Stochastic Supply
Author | : Thomas D. Jeitschko |
Publisher | : |
Total Pages | : 0 |
Release | : 1999 |
ISBN-10 | : OCLC:1376403587 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Book Synopsis Equilbrium Price Paths in Sequential Auctions with Stochastic Supply by : Thomas D. Jeitschko
Download or read book Equilbrium Price Paths in Sequential Auctions with Stochastic Supply written by Thomas D. Jeitschko and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In many sequential auctions the total number of units to be auctioned is not known at the outset of the auction. However, information regarding the number of units may become available in the course of the auction. The paper examines how such information impacts the formation of prices during the sequence of sales.