experience of Hungary, Poland and Czechoslovakia in these areas, and reviews in detail their privatization plans for the three … extremely rapid rate of ownership change. While all countries will use a mixture of privatization methods, Hungary intends to … practice requires some important institutional developments such as the creation of Privatization Funds (as suggested in Poland …

We study multi-object auctions where agents have private and additive valuations for heterogeneous objects. We focus on … auctions, pure bundling auctions, mixed bundling auctions, auctions with reserve prices and auctions with pre-packaged bundles …. For any number of objects and bidders, both the pure bundling auction and separate, efficient auctions for the single …

Public agencies rely on two key modes to procure goods and services: auctions and direct negotiations. The relative … passenger railway services in Germany, where regional agencies can use auctions and negotiations to procure regional passenger … auctions. This analysis suggests accounting for the endogeneity of the choice of procurement mode by estimating the mode of …

-phone license auctions, from 20 Euros per capita in Switzerland to 650 Euros per capita in the UK, though the values of the licences … entrants. The sequencing of the auctions was also crucial. We discuss the auctions in the UK, Netherlands, Germany, Italy …