Markups, quantity risk, and bidding strategies at treasury coupon auctions

A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity

Halbert White · Econometrica · 1980 · 26.1K citations

Social Sciences, Economics, Econometrics +11

Bid, ask and transaction prices in a specialist market with heterogeneously informed traders

Lawrence R. Glosten, Paul Milgrom · Journal of Financial Economics · 1985 · 6.4K citations

Social Sciences, Economics, Auction Theory +7

Information Effects on the Bid‐Ask Spread

Thomas E. Copeland, Dan Galai · The Journal of Finance · 1983 · 1.8K citations

Social Sciences, Economics, Finance +17

Auctions and Bidding: A Primer

Paul Milgrom · The Journal of Economic Perspectives · 1989 · 863 citations · Full text

Business, Economics, Auction Theory +15

Information Effects on the Bid-Ask Spread

Thomas E. Copeland, Dan Galai · The Journal of Finance · 1983 · 385 citations

Social Sciences, Economics, Auction Theory +12