Selling goods of unknown quality: forward versus spot auctions

DOI10.1007/S10058-011-0110-6zbMATH Open1278.91075OpenAlexW2793222112MaRDI QIDQ645063FDOQ645063

Authors: Isa E. Hafalir, Hadi Yektaş 

Publication date: 8 November 2011

Published in: Review of Economic Design (Search for Journal in Brave)

Full work available at URL: http://fbe.unimelb.edu.au/__data/assets/pdf_file/0016/801061/1091.pdf

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zbMATH Keywords

insuranceforward auctionsforward tradingspot auctions

Mathematics Subject Classification ID

Derivative securities (option pricing, hedging, etc.) (91G20) Auctions, bargaining, bidding and selling, and other market models (91B26)

Cites Work

• A Theory of Auctions and Competitive Bidding
• Prospect Theory: An Analysis of Decision under Risk
• Optimal Auctions with Risk Averse Buyers
• Comparing Auctions for Risk Averse Buyers: A Buyer's Point of View
• Securities auctions under moral hazard: an experimental study

Cited In (1)

• Goodwill can hurt: a theoretical and experimental investigation of return policies in auctions

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