stage model comparing regulated storage tariffs coupled with a centralizedrationing mechanism with storage auctions. Finally …. Storage auctions deviates from the optimal mechanism, but still improve efficiency, with respect to current mechanisms, to the …

Inspired by some spectrum auctions, we consider a stylized license auction with incumbents and one entrant. Whereas the …

The literature on license auctions for process innovations in oligopoly assumed that the auctioneer reveals the winning …, partial, and no disclosure of bids, which correspond to standard auctions. We show that more information disclosure increases …

Common wisdom about the effects of gas market liberalization in the EU claims that the fragmentation of gas supply in …

Public agencies mainly rely on two modes to procure goods and services: auctions and direct negotiations. We study a … 1994 policy change in Germany that introduced the possibility to procure rail services in auctions as well as in direct …, auctions improve service levels and reduce prices. As a result, surplus on auctioned lines increased by about 30 …

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. …

We briefly survey several insights about value and revenue maximization in multi-object auctions and apply them to the …

market conditions, and provides a theoretical explanation of low price equilibria in simultaneous, ascending-bid auctions …