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The Optimality of Uniform Pricing in IPOs: An Optimal Auction Approach*

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Publication:3011244
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DOI10.1093/ROF/RFN006zbMath1215.91026OpenAlexW2139625419MaRDI QIDQ3011244

Sonia Falconieri, Moez Bennouri

Publication date: 28 June 2011

Published in: Review of Finance (Search for Journal in Brave)

Full work available at URL: https://openaccess.city.ac.uk/id/eprint/12006/1/IPO-RF-revision4%204-12-07.pdf



Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Auctions, bargaining, bidding and selling, and other market models (91B26)


Related Items (1)

Optimal IPO mechanism with retail investors and two asymmetric institutional investors







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