Bidders’ Behaviour and Theory of Share Auctions with Applications to the Colombian Primary Bond Market
Although most governments sell their bonds through a share auction, little is known about behaviour of bidders in these auctions. This thesis analyzes the literature on government securities auctions, focusing primarily on structural empirical estimation. Additionally, it examines bidders behaviour...
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| Format: | Others |
| Language: | en en |
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2010
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| Online Access: | http://hdl.handle.net/1974/5391 |