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1·In the first market, the results show that underpricing in uniform price auction IPOs is lowest, but the pricing accuracy is bad.

在一级市场上，实验结果表明，统一价格拍卖IPO机制的抑价率最低，但定价准确性较差；

2·The paper draws the conclusion that in discriminatory auction and uniform price auction, enterprises can use symmetric equilibrium collusion to get minimal optimal revenue.

研究结果表明，在两种拍卖方式下，企业的利润在唯一的对称单阶段纳什均衡中能达到最小最大。

3·The generation companies will take different bidding strategies under different auction mechanisms, and the competition among generation companies is more intense in uniform price auction.

在不同的竞价机制下，发电商将采取不同的报价策略，统一价格竞价中发电商之间的竞争更为明显。

4·There have been many literatures of the relative merits of selling government bonds using a uniform-price auction rather than the traditional discriminatory-price auction.

过去已有相当多的文献讨论国债拍卖，米勒和弗雷德曼认为统一价格比歧视价格拍卖有比较优势。