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The credit default swap market and the settlement of large defaults

Coudert, Virginie; Gex, Mathieu - 2010

Persistent link: https://www.econbiz.de/10008748212

Comparing open and sealed bid auctions : theory and evidence from timber auctions

Athey, Susan; Levin, Jonathan; Seira, Enrique - 2004

.S. Forest Service timber auctions, we document a set of systematic effects of auction format: sealed bid auctions attract more … for these qualitative effects of auction format. We then calibrate the model using parameters estimated from the data and … bidder competitiveness, which has important consequences for auction choice. …

Persistent link: https://www.econbiz.de/10011607074

Behavioral biases of dealers in U.S. Treasury auctions

Goldreich, David - 2004

This paper provides evidence of bounded rationality by large dealers in U.S. Treasury auctions. I argue that these dealers use a heuristic of yield-space bidding which leads to biases manifested in three ways: they submit dominated bids, i.e., those that could be improved without raising the...

Persistent link: https://www.econbiz.de/10011607087

A dynamic oligopoly with collusion and price wars

Fershtman, Chaim; Pakes, Ariel - 1998

Persistent link: https://www.econbiz.de/10000997857

Economic incongruities in the European patent system

Mejer, Malwina; Van Pottelsberghe de la Potterie, Bruno - 2009

This paper argues that the consequences of the ‘fragmentation’ of the European patent system are more dramatic than the mere prohibitive costs of maintaining a patent in force in many jurisdictions. First, detailed analysis of judicial systems in several European countries and four case...

Persistent link: https://www.econbiz.de/10003820846