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Collusion in one-shot second-price auctions

โœ Scribed by Chien-Liang Chen; Yair Tauman


Publisher
Springer
Year
2006
Tongue
English
Weight
231 KB
Volume
28
Category
Article
ISSN
0938-2259

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## Abstract The reasons for the highly efficient market outcomes observed under the double auction remain unclear. This paper presents a series of experimental financial markets designed to investigate the importance of unknown trading period duration on trading behavior and the convergence tendenc