haku: @indexterm Liquidity constraints / yhteensä: 11
viite: 10 / 11
Tekijä: | Maskin, E.S. |
Otsikko: | Auctions, development, and privatization: Efficient auctions with liquidity-constrained buyers |
Lehti: | European Economic Review
2000 : MAY, VOL. 44:4-6, p. 667-681 |
Asiasana: | Auctions Liquidity constraints Models |
Kieli: | eng |
Tiivistelmä: | In the paper, an efficient auction is exhibited. This is an auction for which the winner is the buyer with the highest valuation - subject to the constraint that buyers may be budget- or liquidity-constrained. |
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