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Jonathan Donier edited figures/books/caption.tex
almost 9 years ago
Commit id: 8527a2607a04d5e9c7cbe028272e70dbb48c26f2
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Replace this text with your caption Left: Shape of the marginal supply curve immediately before the auctions, for different inter-auction times $\tau$, in the case $\omega_{\pm}(y) = \omega_{\pm}^0\mathbbm{1}_{\{y\overset{>}{\underset{<}{ }}0\}}$. Right: Shape of the MSD immediately after the auctions, again for different
inter-auction times $\tau$. Note that as $\tau \to 0$, the MSD acquires a characteristic V-shape.