more practical solution to the seller's problem is suggested by the "Amsterdam auction," where a premium is offered to …, we consider premium auctions like the one in Amsterdam and demonstrate their revenue-generating virtues in asymmetric … situations. We report the results of an experiment, which compares the standard first-price and English formats with two premium …

This study tests weak and semi-strong form efficiency of the foreign exchange market in Sri Lanka using six bilateral … foreign exchange rates during the recent float. Weak-form efficiency is examined using unit root tests while semi-strong form … efficiency is tested using co- integration and Granger causality tests and variance decomposition analysis. Results indicate that …

discrimination ensures efficient output decisions given product characteristics, coordination failures may prevent efficiency in the …

The efficiency of speculative markets, as represented by Fama's 1970 fair game model, is tested on weekly price index … efficiency of nervous systems. In particular, the stationarity and independence of the price innovations are tested over ten … stock market efficiency is: Singapore, Thailand, Indonesia, Malaysia, Hong Kong and Taiwan. Singapore's stock market pricing …

, subsidies and efficiency the of animal farming. To this end we first have to identify the production frontier and relative … efficiency level for each animal oriented type of farm in the sample. The production frontier and efficiency index for each type … between relative efficiency, farm size and environmentally friendly behavior realizing a non parametric regression of …