Kao, Ming-Song; Hsu, Chih-Hsiang; Liao, Chung-Chih - In: The International Journal of Business and Finance Research 3 (2009) 1, pp. 59-67
A seller who owns two common-value assets can choose to either sell them as a bundle or separately. In this paper, we present a theoretical model to select the optimal selling option when there is asymmetric information between the seller and the buyers. Our main finding is that separate selling...