Dynamics and Efficiency in Decentralized Online Auction Markets
收藏NBER2018-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w25002
下载链接
链接失效反馈官方服务：
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
