search query: @indexterm Foreign exchange / total: 493
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| Author: | McCarty, C.S: |
| Title: | Currency auctions: Minimizing collusive behavior |
| Journal: | Journal of East-West Business
2002 : VOL. 8:1, p. 63-76 |
| Index terms: | Foreign exchange Currency Markets Transition economies Game theory Models |
| Language: | eng |
| Abstract: | This paper investigates measures to minimize collusion in foreign currency auctions. Currency auctions have long been used as a transitory measure during the time of transition from a government-controlled fixed exchange market to a market-based floating system. The purpose of this paper is to extend existing cooperative multi-period game theory models to better analyze currency auctions, from the theoretical model insights into efficiency-gaining procedures. |
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