Title of article :
Endogenous preemption on both sides of a market
Author/Authors :
Werner Güth، نويسنده , , Wieland Müller، نويسنده , , Jan Potters، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2006
Pages :
6
From page :
126
To page :
131
Abstract :
We study a market in which both buyers and sellers can decide to preempt and set their quantities before market clearing. Will this lead to preemption on both sides of the market, only one side of the market, or to no preemption at all? We find that preemption tends to be asymmetric in the sense that it is restricted to only one side of the market (buyers or sellers).
Keywords :
preemption , Endogenous timing
Journal title :
Economics Letters
Serial Year :
2006
Journal title :
Economics Letters
Record number :
436055
Link To Document :
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