within four kilometers. The price margin decreases with distance and time. Moreover, by comparing the sequential bidding …

Electricity markets are becoming more integrated around the world. However, the knowledge of the effects of different … limited. In this paper, I analyze the performance of uniform and discriminatory price auctions in the presence of transmission …

by increased costs. Studying the market structure and individual bidding strategies, we find evidence for collusive … behavior in an environment with repeated auctions, pivotal suppliers and inelastic demand. The price increase can be traced … show that pay-as-bid auctions do not necessarily reduce incentives for strategic capacity withholding and collusive …

by increased costs. Studying the market structure and individual bidding strategies, we find evidence for collusive … behavior in an environment with repeated auctions, pivotal suppliers and inelastic demand. The price increase can be traced … show that pay-as-bid auctions do not necessarily reduce incentives for strategic capacity withholding and collusive …

competitive market structure than other UMTS auctions in Europe. The present paper explains the design of that auction, and …

The paper analyzes the excess entry hypothesis for sealed-bid first-price public procurement auctions. The hypothesis is …

bidding, complicated by the fact that the spy may be a counterspy who serves the interests of the spied at bidder and reports …

, predatory, and entry-deterring behaviour. Ascending and uniform-price auctions are particularly vulnerable to these problems …, and the Anglo-Dutch auction - a hybrid of the sealed-bid and ascending auctions - may often perform better. Effective anti … fail in the Netherlands and elsewhere. Auction design is not "one size fits all". We also discuss the 3G spectrum auctions …

introduced in England and adopted in Switzerland and elsewhere is a cause of the disappointing performance of many UMTS auctions … revenue or more competition. The paper closes with several proposals on how one should conduct future spectrum auctions. …