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Since their advent in 2001, virtual power plant (VPP) auctions have been implemented widely. In this paper, we describe … the simultaneous ascending-clock auction format that has been used for virtually all VPP auctions to date, elaborating on … other design choices that most VPP auctions have had in common as well as discussing a few aspects that have varied …
Persistent link: https://www.econbiz.de/10008620573
while nurturing the supporting on-shore infrastructure. This paper discusses the design of auctions for wind rights in which … price is the sole factor of competition. A second paper, Ausubel and Cramton (2011), extends the analysis to auctions in …
Persistent link: https://www.econbiz.de/10010575700
The present invention primarily concerns hybrid auctions that may, for example, combine a clock auction with a proxy … auction. Hybrid auctions include multi-item auctions that comprise at least two phases of package auctions: an earlier phase …
Persistent link: https://www.econbiz.de/10010575701
CCA to spectrum auctions have tended to place most or all reliance on a monotonicity condition in eligibility points. This …
Persistent link: https://www.econbiz.de/10010575702
We examine bidding behavior in a clock auction in which price is set by the lowest-accepted bid and provisional winners are reported each round (the LABpw auction). This format was used in the India 3G spectrum auction. In the standard theory, the auction performs poorly. In particular it yields...
Persistent link: https://www.econbiz.de/10010575705
The present invention primarily concerns hybrid auctions that may, for example, combine a clock auction with a proxy … auction. Hybrid auctions include multi-item auctions that comprise at least two phases of package auctions: an earlier phase …
Persistent link: https://www.econbiz.de/10010575717
while nurturing the supporting on-shore infrastructure. This paper discusses the design of multi-factor auctions for wind … (2011) on the design of price-only auctions for wind rights. …
Persistent link: https://www.econbiz.de/10010575718
Spectrum auctions are used by governments to assign and price licenses for wireless communications. Effective auction …
Persistent link: https://www.econbiz.de/10010575720
The best sites for offshore wind farms on the US Outer Continental Shelf are scarce. To make the best use of this scarce resource, it is necessary to implement a fair and efficient mechanism to assign leases to companies that are most likely to develop off-shore wind energy projects. Coastal...
Persistent link: https://www.econbiz.de/10010575721
An improved system and method for a computer-implemented auction in which multiple types of items are auctioned together without imposing a particular division of supply or demand among the individual types of items. In some embodiments the auction of the present invention provides a means or...
Persistent link: https://www.econbiz.de/10010575722