Auction Theory: A Summary with Applications to Treasury Markets

Sanjiv Ranjan Das & Rangarajan K. Sundaram
Working Paper 5873
DOI 10.3386/w5873
Issue Date

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 Versions

FMII, Vol. 5, no. 5 (1996): 1-36.

Related

Topics

Microeconomics
Game Theory
Financial Economics
Financial Markets

Programs

Asset Pricing

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