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The Economists’ Voice

Ed. by Belke, Ansgar / Schnabl, Gunther

CiteScore 2017: 0.15

SCImago Journal Rank (SJR) 2017: 0.104
Source Normalized Impact per Paper (SNIP) 2017: 0.105

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Volume 5, Issue 5


Auction Design Critical for Rescue Plan

Lawrence M Ausubel / Peter Cramton
Published Online: 2008-09-25 | DOI: https://doi.org/10.2202/1553-3832.1415

The details of the auction design could make or break the Treasury's plan to invest $700 billion in mortgage-related securities to resolve the financial crisis, using market mechanisms such as reverse auctions to determine prices, according to Lawrence M. Ausubel and Peter Cramton.

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Published Online: 2008-09-25

Citation Information: The Economists' Voice, Volume 5, Issue 5, ISSN (Online) 1553-3832, DOI: https://doi.org/10.2202/1553-3832.1415.

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