Ewerhart, Christian (contributor); Cassola, Nuno (contributor) - 2006
and
Wang [53] in the context of risk aversion. Our analysis goes beyond these contributions
by considering explicitly the … primary and secondary markets. To see why,
assume that S = V = B. Then the argument goes through under the realistic … goods 1 auctions 1 is 1 based 1 on 1 a 1 constant 1
returns 1 set , up, 1 which 1 is 1 appropriate 1 when 1 bidders 1 have 1 …