Authors
Citation
R. Tenorio, SOME EVIDENCE ON STRATEGIC QUANTITY REDUCTION IN MULTIPLE-UNIT AUCTIONS, Economics letters, 55(2), 1997, pp. 209-213
Citations number
9
Categorie Soggetti
Economics
Journal title
ISSN journal
01651765
Volume
55
Issue
2
Year of publication
1997
Pages
209 - 213
Database
ISI
SICI code
0165-1765(1997)55:2<209:SEOSQR>2.0.ZU;2-2
Abstract
Theoretical models of multi-unit auctions predict that bidders have a
stronger incentive to reduce demand in uniform-price auctions than in
discriminatory auctions. I find support for this prediction using data
from foreign currency auctions in Zambia during the mid 1980's. (C) 1
997 Elsevier Science S.A.