Open AccessWhy Do IPO Auctions Fail?
Author(s) -
Ravi Jagannathan,
Ann E. Sherman
Publication year - 2006
Language(s) - Uncategorized
Resource type - Reports
DOI - 10.3386/w12151
Subject(s) - common value auction , winner's curse , initial public offering , issuer , underwriting , economics , business , microeconomics , information asymmetry , ask price , forward auction , financial economics , auction theory , monetary economics , actuarial science , finance