Dynamics and Efficiency in Decentralized Online Auction Markets
收藏NBER2018-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w25002
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资源简介：
Economic theory suggests that decentralized markets can achieve efficient outcomes if buyers and sellers have many opportunities to trade. We examine this idea empirically by developing a tractable dynamic model of bidding in an overlapping, sequential auction environment and estimating the model
提供机构：
美国国家经济研究局
创建时间：
2018-09-01
