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(If this weren't true, the successful auction models and other s-called 'mechanism designs' would be mysterious).
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Topics include nonseparable models, models of imperfect competition, auction models, duration models, and nonlinear panel data.
Analysts said the markets were helped by a successful auction of three-month bills in Spain.
11.23am BST Portuguese bond auction goes smoothly Portugal held a pretty successful auction of short-term debt this morning.
A ratio of 2.0 or higher indicates a successful auction.
A ratio exceeding 2.0 indicates a successful auction.
Our desire to participate in this auction and our hope for a successful auction is unchanged.
"The most successful auction houses need to have access to sellers with unique and desirable merchandise.
However, in all these auction models, neither heterogeneous buyers with different risk attitudes nor adaptive auction mechanism design has been considered.
A successful auction calls for multiple photos of the item, an elaborate description with full disclosure of cracks and chips.
The successful auction Monday night promptly restored confidence in the Impressionist and modern art market.
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