Nyborg, Kjell G. (contributor); Nyborg, Kjell G. (contributor) - 2001 - [Elektronische Ressource]
long bidders. Equilibrium
bidding strategies depend on pre-auction allocations and the size of the auction. Short
squeezes …
chance of a squeeze is larger, since this is likely to involve more aggressive bidding. Hence,
a seller may view an auction … dealers that attempt to get around this rule. TheJoint Report (p.C-7) informs
us that Salomon was prohibited from bidding in …