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A Comparison of Prices Brought by English Auctions and Private Negotiations

✍ Scribed by Kenneth M. Lusht


Book ID
110692714
Publisher
John Wiley and Sons
Year
1996
Tongue
English
Weight
959 KB
Volume
24
Category
Article
ISSN
1080-8620

No coin nor oath required. For personal study only.


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Posterior odds comparison of a symmetric
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I attempt to decide, using the posterior odds ratio, whether the symmetric common-value paradigm or the symmetric independent-private-values paradigm is a more probable explanation of the low-price, sealed-bid auctions conducted by the Indian Oil Corporation to purchase crude-oil from the internatio