Short-term auctions for access to entry terminals of the British gas-network appear to successfully allocate scarce … resources and capture scarcity rent. Now long-term auctions are being introduced to guide future capacity expansion decisions …-term auctions for transmission capacity are not necessarily preferable to regulatory approved capacity expansion. …

Short-term auctions for access to entry terminals of the British gas-network appear to successfully allocate scarce … resources and capture scarcity rent. Now long-term auctions are being introduced to guide future capacity expansion decisions …-term auctions for transmission capacity are not necessarily preferable to regulatory approved capacity expansion. …

revenue in case of trade. As an application we investigate the choice between posted prices and auctions and demonstrate that … technique to compare the selling probabilities and revenues of posted prices and auctions and confirm our theoretical …

competitive market structure than other UMTS auctions in Europe. The present paper explains the design of that auction, and …

This paper studies sequential auctions of licences to participate in a symmetric market game. Assuming that the rate at …

We experimentally study auctions versus grandfathering in the initial assignment of pollution permits that can be …, the majority of permits are won by low emitters, reducing the need for spot-market trading. Auctions generate higher … consumer surplus and slightly lower product prices in the laboratory markets. Moreover, auctions eliminate the large “windfall …