In der Dissertation wird das Design eines Systems mit Flächenausweisungszertifikaten vorgestellt und mit empirischen Daten evaluiert, die im Rahmen eines Feldexperiments mit kommunalen Entscheidungsträgern erhoben wurden. Die Ergebnisse zeigen wie ein solches Handelssystem für...

Three years after the controversial change of the British market design from compulsory Pool with capacity payments to decentralised energy-only New Electricity Trading Arrangements (NETA) market framework, we compare the two designs in terms of investment incentives. We review the biases of the...

Chapter 1: Efficient Design of an Auction with Discrete Bid Levels This paper studies one of auction design issues: the choice of bid levels. Full efficiency is generally unachievable with a discrete auction. Since there may be more than one bidder who submits the same bid, the auction cannot...

Market design is the development of mechanisms that improve market efficiency and build on an understanding of the interaction between human behavior and market rules. The first chapter considers the sale of a charitable membership where the charity poses the market design question of how to...