Analysis of certificate of entitlement bidding system in Singapore

• Main Author: Chua, Wei Feng
• Other Authors: Bei Xiaohui
• Format: Final Year Project
• Language: English
• Published: 2019
• Subjects: Science::Mathematics
• Online Access: http://hdl.handle.net/10356/79020
• Institution: Nanyang Technological University

Auctions are one of the important mechanisms in which optimal allocation to individuals can be achieved. In this paper, the COE bidding system was analyzed under the Independent Private Value model and thereafter categorized as a multiunit English auction. Comparisons between Singapore’s COE bidding...