Similar Search Results

Emotions and economic shocks in a first-price auction

Bosman, Ronald; Riedl, Arno - 2003

We investigate experimentally whether emotions affect bidding behavior in a firstprice auction. To induce emotions, we … confront subjects after a first auction series with apositive or negative random economic shock. We then explore the relation … between emotions andbidding behavior in a second auction series. Our main results are: (i) the economic shock has asubstantial …

Persistent link: https://www.econbiz.de/10011333886

Prediciting the daily covariance matrix for S&P 100 stocks using intraday data - but which frequency to use?

Pooter, Michiel de; Martens, Martin; Dijk, Dick van - 2005

Persistent link: https://www.econbiz.de/10003155816

Round-the-clock price discovery for cross-listed stocks : US-Dutch evidence

Menkveld, Albert J.; Koopman, Siem Jan; Lucas, André - 2003

U.S. trading in non-U.S. stocks has grown dramatically. Round-the-clock, these stocks trade in the home market, in the U.S. marketand, potentially, in both markets simultaneously. We use a state space model to study 24-hour price discovery. As opposed to thestandard variance ratio'' approach,...

Persistent link: https://www.econbiz.de/10011333901

Predicting the daily covariance matrix for S&P 100 stocks using intraday data : but which frequency to use?

Pooter, Michiel de; Martens, Martin; Dijk, Dick van - 2006

This paper investigates the merits of high-frequency intraday data when forming minimum variance portfolios and minimum tracking error portfolios with daily rebalancing from the individual constituents of the S&P 100 index. We focus on the issue of determining the optimal sampling frequency,...

Persistent link: https://www.econbiz.de/10011346450

Round-the-clock price discovery for cross-listed stocks : US-Dutch evidence

Menkveld, Albert J.; Koopman, Siem Jan; Lucas, André - 2003

Persistent link: https://www.econbiz.de/10001792414

Price versus quantity discrimination in optimal IPOs

Bennouri, Moez; Falconieri, Sonia - 2001

This paper addresses the issue of the choice of the optimalinstrument to sell new shares, this choice being price versusquantity discrimination (rationing). Previous results in theliterature (Benveniste and Wilhelm, 1990) show that the issuing firmwould be better off if allowed to use both price...

Persistent link: https://www.econbiz.de/10011317445

Do auctions and forced divestitures increase competition? Evidence for retail gasoline markets

Soetevent, Adriaan R.; Haan, Marco; Heijnen, Pim - 2008

Persistent link: https://www.econbiz.de/10003811432

Do auctions select efficient firms?

Janssen, Maarten C. W.; Karamychev, Vladimir A. - 2007

Persistent link: https://www.econbiz.de/10003408800

The extent of internet auction markets

Haan, Laurens de; Vries, Casper G. de; Chen Zhou - 2008

Persistent link: https://www.econbiz.de/10003705985

If winning isn't everything, why do they keep score? : a structural empirical analysis of Dutch flower auctions

Berg, Gerard J. van den; Klaauw, Bas van der - 2007

This paper provides a structural empirical analysis of Dutch auctions of houseplants at the flower auction in Aalsmeer … auction participants, and as such these data are collectible due to neurological constraints on information processing. The …

Persistent link: https://www.econbiz.de/10011372506