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FCC spectrum auctions sell licenses to provide mobile phone service in designated geographic territories. We propose a method to structurally estimate the deterministic component of bidder valuations and apply it to the 1995-1996 C-block auction. We base our estimation of bidder values on a...
Persistent link: https://www.econbiz.de/10012467005
The combinatorial clock auction is becoming increasingly popular for large-scale spectrum awards and other uses, replacing more traditional ascending or clock auctions. We describe some surprising properties of the auction, including a wide range of ex post equilibria with demand expansion,...
Persistent link: https://www.econbiz.de/10012458181
This paper examines the impact of the deregulation of compulsory industrial licensing in India on firm-size dynamics …
Persistent link: https://www.econbiz.de/10012460010
To investigate how fuel economy is valued in the Indian car market, we compute the cost to Indian consumers of … hedonic price functions for four market segments (petrol hatchbacks, diesel hatchbacks, petrol sedans, and diesel sedans) to … associated present value of fuel savings falls within the 95 percent confidence interval for some specifications, in all market …
Persistent link: https://www.econbiz.de/10012461670
We analyze the history of Japanese foreign exchange interventions from 1971 to 2018. First, we provide the best proxy for monthly interventions for the period from 1971 to 1990, when the intervention timings and amounts were not officially disclosed. The accuracy of the proxy is tested for the...
Persistent link: https://www.econbiz.de/10012479168
? The core design challenge is managing the tradeoff between Type-II errors of inclusion (including corruption) against Type … the delivery of India's largest social protection program (subsidized food) in the state of Jharkhand. By itself … corruption in welfare programs can also generate non-trivial costs in terms of exclusion and inconvenience to genuine …
Persistent link: https://www.econbiz.de/10012479268
Evidence on the implementation of India's National Rural Employment Guarantee Act suggests that the available work is … administrative costs and local corruption. Administrative reforms by the center can have perverse effects. Policy implications are …
Persistent link: https://www.econbiz.de/10012479639
corruption. Students who demonstrate lower levels of prosocial preferences in the laboratory games are also more likely to prefer … corruption do not systematically predict job preferences. We find that a screening process that chooses the highest ability … applicants would not alter the average propensity for corruption among the applicant pool. Our findings imply that differential …
Persistent link: https://www.econbiz.de/10012459014
We study the wealth accumulation of Indian parliamentarians using public disclosures required of all candidates since 2003. Annual asset growth of winners is on average 3 to 6 percentage points higher than runners-up. By performing a within-constituency comparison where both runner-up and winner...
Persistent link: https://www.econbiz.de/10012460564
market proxies for quality find no difference between 150-hour rule CPAs and the rest. Moreover, rule CPAs exit public … to improve quality in the labor market …
Persistent link: https://www.econbiz.de/10012659996