COMPETING AUCTIONS
COMPETING AUCTIONS
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Publisher
Oxford, UK: Blackwell Publishing Ltd
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Language
English
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Publisher
Oxford, UK: Blackwell Publishing Ltd
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Scope and Contents
Contents
This paper shows that larger auctions are more efficient than smaller ones, but that despite this scale effect, two competing and otherwise identical markets or auction sites of different sizes can coexist in equilibrium. We find that the range of equilibrium market sizes depends on the aggregate buyer-seller ratio, and also whether the markets are...
Alternative Titles
Full title
COMPETING AUCTIONS
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Record Identifier
TN_cdi_proquest_miscellaneous_36823190
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_miscellaneous_36823190
Other Identifiers
ISSN
1542-4766
E-ISSN
1542-4774
DOI
10.1162/154247604323015472