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This dissertation examines two problems that may arise in matching problems.The first two chapters deal with auctions … inlabor markets.Auctions can lead to efficient allocations in a wide class of assignment problems.In the presence of …
Persistent link: https://www.econbiz.de/10009450582
sealed-bid and clock auctions. We find that the efficient bid levels in the sealed-bid second-price auction may be non … upcoming 3G spectrum auction, rather than the seemingly superior HRB auction. Chapter 3: Discrete Clock Auctions: An … Experimental Study We analyze the implications of different pricing rules in discrete clock auctions. The two most common pricing …
Persistent link: https://www.econbiz.de/10009450772
Abstract This paper describes the bid signaling that occurred in many of the FCC spectrum auctions. Bidders in these … auctions bid on numerous spectrum licenses simultaneously, with bidding remaining open on all licenses until no bidder is …
Persistent link: https://www.econbiz.de/10014587481
We generalize the Vickrey auction to allow for reserve pricing in a multi-unit auction with interdependent values. In the Vickrey auction with reserve pricing, the seller determines the quantity to be made available as a function of the bidders' reports of private information, and then...
Persistent link: https://www.econbiz.de/10005371037
Spectrum auctions are used by governments to assign and price licenses for wireless communications. Effective auction …
Persistent link: https://www.econbiz.de/10010878030
A proposed auction design for incentive auctions is given. The two-sided auctions enable the exchange of spectrum from …
Persistent link: https://www.econbiz.de/10010878412
Persistent link: https://www.econbiz.de/10010878413
The allocation of permits is an important design aspect of an emissions trading scheme. Traditionally, governments have favoured the free allocation of greenhouse gas permits based on individual historical emissions (‘grandfathering’) or industry benchmark data. Particularly in the European...
Persistent link: https://www.econbiz.de/10010879126
Spectrum auctions are used by governments to assign and price licenses for wireless communications. The standard …. I analyze the strengths and weaknesses of the approach with examples from US spectrum auctions. I then present a …, which simplifies bidding and improves efficiency. Experimental tests and early auctions confirm the advantages of the …
Persistent link: https://www.econbiz.de/10010864942
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