Kujal, Praveen2012-05-292012-05-291992Economics Letters. 1992, vol.39, nº 1, p.33-360165-1765https://hdl.handle.net/10016/5329We 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.application/pdftext/plaineng©Elsevierresearch articleEconomía10.1016/0165-1765(92)90097-Iopen access33136Economics Letters39