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Keywords: Structural models
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Journal Articles
China Finance Review International (2024) 14 (4): 649–665.
Published: 31 October 2024
...Pietro Bonadi; Ali Hotacsu; Zhaogang Song Purpose We estimate the marginal cost curve of each dealer in each auction, based on structural models of the multiunit discriminatory-price auction. Design/methodology/approach Auction theory has ambiguous implications regarding the relative...

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