The Determinants of the Difference Between Bid and Ask Prices on Government Bonds
β Scribed by J. Ernest Tanner and Levis A. Kochin
- Book ID
- 124679891
- Publisher
- University of Chicago Press
- Year
- 1971
- Tongue
- English
- Weight
- 166 KB
- Volume
- 44
- Category
- Article
- ISSN
- 0021-9398
- DOI
- 10.2307/2352053
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
## Abstract This paper compares the intraday components of bidβask spread in Taiwan stock index futures traded on Taiwan Futures Exchange (TAIFEX) and Singapore Exchange Derivatives Trading Limited (SGXβDT). Variables that determine the components of spread are also examined. SGXβDT uses a floor tr
Bidding the same price in descending bid auctions and in first price sealed bid auctions is equivalent to expected utility maximizing behavior, and this is equivalent to dynamically consistent bidding. The claim that, in strategic form, descending bid and first price sealed bid auctions are the same