optimally procure these units? Should she run technology specific or technology neutral auctions? Should she allow for partial … theory for policy analysis with an ex-ante evaluation of Spain's recent renewable auction. …

repo auctions. However, whenever interest rates are expected to decline, the minimum bid rate is viewed as too high and …, we perform a panel analysis of the bidder behavior in the repo auctions of the Bundesbank where no minimum bid rate was …

The second-generation GSM spectrum auction in Germany is probably the most clear cut example of a low price outcome in … a simultaneous ascending-bid auction.The present paper gives an account of the events, describes the auction rules and … market conditions, and provides a theoretical explanation of low price equilibria in simultaneous, ascending-bid auctions …

Germany is among the leading countries regarding the promotion of renewable energy towards a sustainable energy system … transition. In this paper, we investigate the German pilot auction scheme for solar photovoltaics introduced in the Renewable … Energies Act 2014 (EEG 2104) that serves as a pilot for the auction-based promotion of the three major large-scale renewable …

formation efficiency in this setup to see how fast prices become informative about the final auction value. We find that prices … from their competitors' bidding behavior and validates the choice of the agency to implement the auction in the present …

In this paper, we test for the existence of a common component in agricultural land auctions in eastern Germany during … the price boom 2007-2018 and discuss respective policy implications. Using a large, detailed dataset of auctions, we can …. We derive a new approach to disentangle valuations from observed and unobserved heterogeneity across auctions. For …

Auctions" European Economic Review 2002 and "The Biggest Auction Ever: the Sale of the British 3G Telecom Licenses" Economic …I suggest explanations for the apparently puzzling bidding in the year 2000 British and German 3G telecom auctions …. Relative-performance maximisation may have been important, but the outcome of the British auction seems to have been efficient …