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14-015/I - How Risk Sharing may enhance Efficiency in English Auctions


  • Authors
    Audrey Hu, University of Amsterdam; Theo Offerman, University of Amsterdam; Liang Zou, University of Amsterdam
  • Publication date
    January 24, 2014
  • Keywords
    Risk sharing, Pareto efficiency, Premium auction, English auction, Reserve price, Ensuing risk, Heterogeneous risk preferences
  • JEL
    D44