multi-dimensional auctions, where agents bid on both the conservation plan and the required payment, when contracts do not … provide for sufficiently strong incentives against early exit. Integrating the literature on scoring auctions with that which …

Unique-lowest sealed-bid auctions are auctions in which participation is endogenous and the winning bid is the lowest … bid among all unique bids. Such auctions admit very many Nash equilibria (NEs) in pure and mixed strategies. The two …

divestitures. The Dutch government has doneexactly that, organizing auctions to redistribute tenancy rights for highway …