Bid Syndication: A Model with Application to Emission Permits Markets

Contracts involving bid syndication where small firms compete to enter a syndicate that pools product and shares ensuing payoffs from sales can be designed that lead to efficient participation and pricing solutions under incomplete information. These contracts combine syndicate sharing rules with bi...

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Bibliographic Details
Main Author: SESHADRI, Sudhindra
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2010
Subjects:
Bid
Online Access:https://ink.library.smu.edu.sg/lkcsb_research_smu/62
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1061&context=lkcsb_research_smu
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Institution: Singapore Management University
Language: English