-price auction ; Experiment ; Abnormally low tender ; Endogenous minimum price … first-price auction which do not have any minimum price. We find that winning prices of this new institution (i) coincide … with the ones of the standard first-price auction and are close to the production cost under our identical cost condition …

This paper considers the design and performance of auction mechanisms used to deploy renewable energy in three emerging … sector in recent years, with the number of countries implementing some sort of auction procedure rising from nine in 2009 to …. A study of the successes and failures of the particular auction design schemes described in this paper can be …