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QED Queen’s Economics Department Working Paper No. 812 Auctions Versus Posted-Price Selling Ruqu Wang Department of Economics Queen’s University 94 University Avenue Kingston, Ontario, Canada K7L 3N6 5-1991

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Page 1: Auctions Versus Posted-Price Sellingqed.econ.queensu.ca/working_papers/papers/qed_wp_812.pdfQueen’s Economics Department Working Paper No. 812 Auctions Versus Posted-Price Selling

QEDQueen’s Economics Department Working Paper No. 812

Auctions Versus Posted-Price Selling

Ruqu Wang

Department of EconomicsQueen’s University

94 University AvenueKingston, Ontario, Canada

K7L 3N6

5-1991

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