A proposed auction design for incentive auctions is given. The two-sided auctions enable the exchange of spectrum from … simple and effective. The auction has three stages conducted in sequence: 1) a reverse auction to determine the supply curve … contiguous spectrum nationwide, and 3) a forward auction for determining the demand curve for spectrum. The auction determines …

them the most. Beginning in 2008, BHP Billiton introduced a simple auction process to assign its Ekati diamonds to the … highest bidders at competitive market prices. A Spot auction, ten times per year, is used to establish prices for each of … nineteen deals of diamonds grouped by size, color, and quality. A Term auction allows customers to lock in a long-term supply …

and are fully efficient in our setting. Our experimental results indicate that the LAB auction achieves higher revenues …. This also is the case in a version of the clock auction with provisional winners. This revenue result may explain the …

The Federal Communications Commission held its first auction of radio spectrum at the Nationwide Narrowband PCS Auction … in July 1994. The simultaneous multiple-round auction, which lasted five days, was an ascending bid auction in which all … licenses were offered simultaneously. This paper describes the auction rules and how bidders prepared for the auction. The full …

In April of 2000, the Radiocommunications Agency of the United Kingdom completed its first spectrum auction, raising … auction did in achieving the Government's objectives. …

auction when at least two firms would bid sums that are nontrivially above the target's prebid market price. …

An auction of carbon permits is the best way to achieve carbon caps set by international negotiation to limit global … tradable and bankable. The government would conduct quarterly auctions. A standard ascending-clock auction in which price is … gradually raised until there is no excess demand would provide reliable price discovery. An auction is preferred to …

Treasury debt and other divisible securities are traditionally sold in either a pay-your-bid (discriminatory) auction … or a uniform-price auction. We compare these auction formats with a Vickrey auction and also with two ascending …-bid auctions. The Vickrey auction and the alternative ascending-bid auction (Ausubel 1996) have important theoretical advantages …