measuring the impact of two key variables on this trade-off: capacity restraint and discount on the auction clearing price … consequently, the most predictable auction outcome. There are indications that a discount of 8% may suffice to incentivize …

auction in the pre-open session from 18 October 2010. This paper analyzes the impact of introduction of pre-open call auction … result shows a decline in the market model R2 for both opening and closing returns of stocks forming the part of call auction … and also control sample. However, the magnitude of decline is less in the opening prices for the call auction stocks …

reverse auction. Shares are allocated endogenously, depending on the suppliers ́bids. The procedure obtains dual sourcing by … than a standard auction for sole sourcing. We also show that providers reveal their costs truthfully and that the …