The Optimality of Uniform Pricing in IPOs: An Optimal Auction Approach*
Author:
Affiliation:
1. HEC Montréal
2. Brunel University
Publisher
Oxford University Press (OUP)
Subject
Finance,Economics and Econometrics,Accounting
Link
http://academic.oup.com/rof/article-pdf/12/4/673/26296930/rfn006.pdf
Reference28 articles.
1. Allocation of Initial Public Offerings and Flipping Activity;Aggarwal;Journal of Financial Economics,2003
2. Institutional Allocations in Initial Public Offerings: Empirical Evidence;Aggarwal;Journal of Finance,2002
3. Signaling by Underpricing in the IPO Market;Allen;Journal of Financial Economics,1989
4. Investment Banking, Reputation, and the Underpricing of Initial Public Offerings;Beatty;Journal of Financial Economics,1986
5. Optimal Auctions with Asymmetrically Informed Bidders;Bennouri;Economic Theory,2006
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1. An Optimal ICO Mechanism;SSRN Electronic Journal;2017
2. Optimal IPO mechanism with retail investors and two asymmetric institutional investors;Journal of Systems Science and Complexity;2016-12-29
3. IPO Pricing Mechanisms in the Presence of When-Issued Markets;Quarterly Journal of Finance;2014-09
4. IPO Pricing Mechanisms in the Presence of When-Issued Markets;SSRN Electronic Journal;2014
5. Primary Market Design in the Presence of When-Issued Markets;SSRN Electronic Journal;2011
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