revenue deficit and thereafter generate revenue surplus. In 2010-2011, unexpectedly high receipts from auction of spectrum in …

This paper examines whether the successful bid rate of the OnBid public auction, published by Korea Asset Management … predicting three-month-ahead regime. We find that the OnBid auction rate conveys important information for detecting the … obligations. This finding suggests that corporate managers and investors could use the auction information to gauge the regime …

Fisheries are often considered a paradigmatic example of the tragedy of the commons, and many fisheries around the … world are indeed overfished. However, this article emphasizes that the biological health of many U.S. fisheries under ….S. fisheries as tragic or tending toward tragedy. The bulk of the article is concerned with outlining three possible explanations …

Postel-Vinay and Robin' (2002) sequential auction model is extended to allow for aggregate productivity shocks. Workers …