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. …

’ financial constraints are private information. The literature has recommended the use of auctions in order to reduce information …

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 …

This paper considers procurement auctions with costly bidding when the auctioneer is unable to commit himself to …

A principal uses security bid auctions to award an incentive contract to one among several agents, in the presence of … outperform all other auctions, although it cannot extract the entire surplus implement efficient effort. Hence, profit sharing …

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