Keloharju, Matti (contributor); Nyborg, Kjell G. (contributor) - 2002 - [Elektronische Ressource]
.
Mailing address: Regent's Park, London NW1 4SA, UK. email: knyborg@london.edu; Rydqvist:
Binghamton University and CEPR, email …(p)tobe
�v� �p =�v�
1
q(r)
Z
q(r)
0
p(x)dx; (11)
where p(x) is the inverse demand schedule, r � 0 is the reservation price of the … schedule. The standard deviation of bids along the schedule is:
st.dev � � =
v
u
u
t
1
q(r)
Z
q(r)
0
(p(x)� �p)
2
dx; (12)
The …