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Nevertheless, an additional buyer increases the expected total surplus in the symmetric case, whereas more competition can be harmful if there are ex ante asymmetries.
Additional buyer demand is coming from hedge funds and other big investors who buy in bulk and don't sweat overpaying for a home or two.
"In fact, having one additional buyer or seller helps him, doesn't hurt him". Manne hasn't sold the SEC or the public at large on his theories since he first broached them in the 1960s but he isn't giving up.
Whether this is speculative or hedging type activity, the potential unwinding of these put positions creates additional buyer power for the market as we move closer to December expiration during the next few weeks.
The service, which encourages users to pay with PayPal in order to take advantage of this additional buyer protection, is now live in 37 total markets worldwide as of this morning, the company says.
The mural, which came with a customary additional "buyer's premium" to yield the final total, shows a little girl holding a flower basket under the eye of a surveillance camera planted atop a tall, leafy stalk.
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No additional buyers!
Despite the limitations, the change was welcomed by real estate developers who hope additional buyers will help buoy sales.
Many auto companies would put on a full press to attract additional buyers, but VW's goal is eventually to sell 100,000 Passats a year in the United States.
The improving sentiment drew additional buyers on a day of strong trading as fears that Egypt's turmoil would spread abroad lessened.
Two additional buyers did not go through the lottery, as they were among those whose homes had been razed and "were interested and capable of purchasing one of the new houses," Mr. Morgo said.
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