Auction Theory: A Summary with Applications to Treasury Markets
Sanjiv Ranjan Das, Rangarajan K. Sundaram
NBER Working Paper No. 5873
This review paper describes basic auction concepts, and provides a summary of the theory in this area, particularly as it relates to Treasury auctions.
Published: FMII, Vol. 5, no. 5 (1996): 1-36.
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