Güth, Werner; Müller, Wieland; Potters, Jan - Max-Planck-Institut für Ökonomik <Jena> - Abteilung … - 2005
We study a market in which both buyers and sellers can decide to preempt and set theirquantities before market clearing. Will this lead to preemption on both sides of the market,only one side of the market, or to no preemption at all? We
nd that preemption tends to beasymmetric in the sense...
