Inventory Effects, the Winner’s Curse, and Bid Shading in Credit Default Swap Auction Outcomes
Sudip Gupta and Rangarajan K. Sundaram
The Journal of Derivatives Winter 2015, 23 (2) 36-52; DOI: https://doi.org/10.3905/jod.2015.23.2.036
Sudip Gupta
is a visiting assistant professor of finance at the Kelley School of Business at Indiana University in Bloomington, IN.
Rangarajan K. Sundaram
is professor of finance at the Stern School of Business at New York University in New York, NY.
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Inventory Effects, the Winner’s Curse, and Bid Shading in Credit Default Swap Auction Outcomes
Sudip Gupta, Rangarajan K. Sundaram
The Journal of Derivatives Nov 2015, 23 (2) 36-52; DOI: 10.3905/jod.2015.23.2.036