Letter: How to Drink the Sub-Prime Kool-Aid

Hal Varian ()

The Economists' Voice, 2008, vol. 5, issue 5, 2

Abstract: Hal Varian, of UC Berkeley, points out that randomization could help avoid the adverse selection in the Treasury's proposed auctions of mortgage backed securities.

Date: 2008
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DOI: 10.2202/1553-3832.1421

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