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Archivo Abierto Institucional de la Universidad Carlos III de Madrid > Investigación > Departamentos > Departamento de Economía > DE - Artículos de Revistas >

Please use this identifier to cite or link to this item: http://hdl.handle.net/10016/5329

Google™ Scholar. Others By: Kujal, Praveen
Files in This Item:
asymmetric_kujal_EL_1992_ps.pdf-- 2012-05-29 -- Available on Internet -- postprint939,78 kBAdobe PDFformato pdf
Title: Asymmetric Surplus Distribution and the Price Convergence Path in Posted Offer Markets: A Note
Author(s): Kujal, Praveen [kujal]
Publisher: Elsevier
Issued date: 1992
Citation: Economics Letters. 1992, vol.39, nº 1, p.33-36
URI: http://hdl.handle.net/10016/5329
ISSN: 0165-1765
DOI: http://dx.doi.org/10.1016/0165-1765(92)90097-I
Abstract: We report results from five Posted-Offer experiments with firm-specific quotas. The average contract price converges from below the competitive equilibrium. Thus, the independence of the contract price convergence path from surplus distribution is questioned in our results.
Review: PeerReviewed
Publisher version: http://dx.doi.org/10.1016/0165-1765(92)90097-I
Rights: ©Elsevier
Appears in Collections:Economists Online
DE - Artículos de Revistas

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