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Showing 1 to 3 of 3 for “"Thin Market"”.

  1. Rules for water allocation in a small watershed: A game theoretic approach

    … limits on the geographic scope of a water market. The result will be a market with few eligible participants. A ""thin"" market suffers from strategic manipulation and allocational distortions. Using a game theoretic approach based on multilateral bargaining models, this study addresses the …

    uiuc Repository record for Rules for water allocation in a small watershed: A game theoretic approach (opens in a new tab)

  2. Price implications and bidding strategies for electronic computerized markets

    … this research was that computerized electronic marketing influences price level and the price discovery process. Electronic markets were also hypothesized to alter bidding strategies of participants. The theoretical background which stimulated this study arose from the shortcomings of the …

    vt Repository record for Price implications and bidding strategies for electronic computerized markets (opens in a new tab)

  3. The Econometrics of Piecewise Linear Budget Constraints With Skewed Error Distributons: An Application To Housing Demand In The Presence Of Capital Gains Taxation

    This paper examines the extent to which thin markets in conjunction with tax induced kinks in the budget constraint cause consumer demand to be skewed. To illustrate the principles I focus on the demand for owner-occupied housing. Housing units are indivisible and heterogeneous while tastes for …

    vt Repository record for The Econometrics of Piecewise Linear Budget Constraints With Skewed Error Distributons: An Application To Housing Demand In The Presence Of Capital Gains Taxation (opens in a new tab)