An Auction Mechanism for the Commons: Some Extensions

Efficient regulation of the commons requires information about the regulated firms that is rarely available to regulators (e.g., cost of pollution abatement). Montero (2008) proposes a simple mechanism for inducing firms to truthfully reveal their privat

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Year of publication:	2007
Authors:	Montero, Juan Pablo
Published in:	Latin American Journal of Economics-formerly Cuadernos de Economía. - Instituto de Economía, ISSN 0717-6821. - Vol. 44.2007, 130, p. 141-150
Publisher:	Instituto de Economía
Subject:	Externalities \| asymmetric information \| uniform-price auction

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Classification:	D44 - Auctions ; D62 - Externalities ; D82 - Asymmetric and Private Information
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005212263