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 …

approach is the simultaneous ascending auction, in which many related lots are auctioned simultaneously in a sequence of rounds … variation, the package clock auction, adopted by the UK, which addresses many of the problems of the simultaneous ascending … auction while building on its strengths. The package clock auction is a simple dynamic auction in which bidders bid on …

auctioning a significant share of total permits. This report discusses important theoretical and practical auction design aspects … for allocating emissions permits in Australia. Particularly interesting is the proposal to simultaneously auction multiple …

more popular. The EU is now moving to auction more than 50 per cent of all permits in 2013, and in the US the Regional … permits. This paper discusses the proposed Australian CPRS’s auction design. A major difference to other emissions trading … schemes is that the CPRS plans to auction multiple vintages of emissions permits simultaneously. …