Elizabeth B Cammack
Biographic Data
| ID | 5868310 |
|---|---|
| NAME | Elizabeth B Cammack |
| GIVEN NAMES | Elizabeth B |
| FAMILY NAME | Cammack |
| SIGNATURE | CAMMACK E B |
| VERIFIED | No |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 5 |
| AUTHOR COUNT | 1 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1991 |
| LATEST PUBLICATION YEAR | 1991 |
| H-INDEX | 1 |
Evidence on Bidding Strategies and the Information in Treasury Bill Auctions
The empirical results presented suggest that imperfect information is present in the Treasury bill market. The mean auction price for three-month bills is, on average, four basis points below the comparable secondary market price of the 1973 period. This "downward biasing" is positively related to the anticipated amount of dispersion of auction bids. This suggests that auction bidders use a bidding strategy that accounts for their lack of agreeme…
Evidence on Bidding Strategies and the Information in Treasury Bill Auctions
The empirical results presented suggest that imperfect information is present in the Treasury bill market. The mean auction price for three-month bills is, on average, four basis points below the comparable secondary market price of the 1973 period. This "downward biasing" is positively related to the anticipated amount of dispersion of auction bids. This suggests that auction bidders use a bidding strategy that accounts for their lack of agreeme…
Evidence on Bidding Strategies and the Information in Treasury Bill Auctions
The empirical results presented suggest that imperfect information is present in the Treasury bill market. The mean auction price for three-month bills is, on average, four basis points below the comparable secondary market price of the 1973 period. This "downward biasing" is positively related to the anticipated amount of dispersion of auction bids. This suggests that auction bidders use a bidding strategy that accounts for their lack of agreeme…
Auction theory (1 work) · Auction Theory and Applications (1 work) · Bidding (1 work) · Business (1 work) · Common value auction (1 work) · Dutch auction (1 work) · Economics (1 work) · Finance (1 work) · Finance (1 work) · Financial economics (1 work)