RT Journal Article
T1 Asymmetric Surplus Distribution and the Price Convergence Path in Posted Offer Markets: A Note
A1 Kujal, Praveen
AB 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.
PB Elsevier
SN 0165-1765
YR 1992
FD 1992
LK https://hdl.handle.net/10016/5329
UL https://hdl.handle.net/10016/5329
LA eng
DS e-Archivo
RD 18 may. 2024