Multi-unit auctions are promising mechanisms for the reallocation of water. The main advantage of such auctions is to avoid the lumpy bid issue. However, there is great uncertainty about the best auction formats when multi-unit auctions are used. The theory can only supply the structural...

www.can.nl\~cool Comments: 39 pages in Word - zipped JEL: N0, Z0 EWP References: ewp-get/9604002 ewp-get/9604003 Report-no: Thomas Cool 96-05

The purpose of this paper is to model the interaction between the targets of the current CAP: environmental adaptation, subsidies and efficiency the of animal farming. To this end we first have to identify the production frontier and relative efficiency level for each animal oriented type of...

We use the LSE-Hendry general to specific approach to analyse if US gasoline price adjustments are asymmetric with respect to changes in crude oil prices. Furthermore, we modify some weaknesses in the earlier works by Boreinstein, Cameron and Gilbert (1997) and Bachmeier and Griffin (2003) and...

This brief focuses on trends over the past two decades in employer- sponsored pension coverage. It explores who is covered by a pension plan and who is not, how much retirees receive in pension income, and how pension coverage and receipt have changed over time. This brief updates our previous...

In this study we have attempted, in collaboration with an agrifood company, to compare and contrast the responses of consumers and professionals to the same set of situations raising ethical questions, in order to highlight the differences and the similarities of viewpoint between these two...

In a presentation in November 2002 to the Annual Conference of the National Association for Gambling Studies in Melbourne, Productivity Commission Chairman Gary Banks provided an update on key developments in Australia’s gambling industries, three years after publication of the Commission’s...