Understand Auction Market Preferred Stock (AMPS), a unique form of preferred shares where dividends are determined through an auction process, offering a blend of fixed income and market-driven yields.
Explore the concept of a Walrasian market, its differentiation from auction markets, its historical background, and its applications in modern financial systems.
Explore the dynamics of auction markets where buyers and sellers bid simultaneously, learn about double auction markets, and understand the significance of Treasury auctions.