TY - JOUR AU - Álvarez González, Francisco AU - Mazón Calpena, Cristina PY - 2016 DO - 10.1007/s00181-015-0988-x SN - 1435-8921 UR - https://hdl.handle.net/20.500.14352/23615 T2 - Empirical Economics AB - We use multi-unit multi-bid common value auction models with private information to draw empirical implications on how bidding behavior in bond auctions is affected by secondary market price volatility, implications that we test using individual... LA - eng M2 - 1435 PB - Springer Nature KW - Multi-unit auctions KW - Bidding behavior KW - Treasury auctions KW - Spanish format KW - Intra-auction heterogeneity. TI - Price volatility in the secondary market and bidders’ heterogeneous behavior in Spanish Treasury auctions TY - journal article VL - 50 ER -