Advanced Search
MyIDEAS: Login

The Role of Auctions in Allocating Public Resources

Contents:

Author Info

  • Chan, Chris
  • Laplagne, Patrick
  • Appels, David

Abstract

'The Role of Auctions in Allocating Public Resources' by Chris Chan, Patrick Laplagne and David Appels, was released on 20 February 2003. The paper provides an economic framework with which to consider the effectiveness and limitations of auction markets in allocating public resources. It links auction outcomes to bidders' behavioural characteristics and to the lack or imbalance of information available to governments and bidders. The analysis covers the key elements of an auction, including the auction form, the auction environment, the bidding behaviour and the implications for allocative efficiency and revenue. The views expressed in this paper are those of the staff involved and do not necessarily reflect those of the Productivity Commission.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://purl.umn.edu/31916
Download Restriction: no

Bibliographic Info

Paper provided by Productivity Commission in its series Staff Research Papers with number 31916.

as in new window
Length:
Date of creation: 2003
Date of revision:
Handle: RePEc:ags:prodsr:31916

Contact details of provider:
Postal: Level 28, 35 Collins St, Melbourne Victoria 3000
Phone: 61 3 9653 2100
Fax: 61 3 9653 2199
Email:
Web page: http://www.pc.gov.au/
More information through EDIRC

Related research

Keywords: Public Economics;

Other versions of this item:

Find related papers by JEL classification:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Partha Dasgupta & Eric Maskin, 2000. "Efficient Auctions," The Quarterly Journal of Economics, MIT Press, vol. 115(2), pages 341-388, May.
  2. Cramton, Peter C, 1995. "Money Out of Thin Air: The Nationwide Narrowband PCS Auction," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 4(2), pages 267-343, Summer.
  3. Cripps, Martin & Ireland, Norman, 1994. "The Design of Auctions and Tenders with Quality Thresholds: The Symmetric Case," Economic Journal, Royal Economic Society, vol. 104(423), pages 316-26, March.
  4. Catherine D. Wolfram, 1998. "Strategic Bidding in a Multiunit Auction: An Empirical Analysis of Bids to Supply Electricity in England and Wales," RAND Journal of Economics, The RAND Corporation, vol. 29(4), pages 703-725, Winter.
  5. Elmar G. Wolfstetter, 2001. "The Swiss UMTS Spectrum Auction Flop: Bad Luck or Bad Design," CESifo Working Paper Series 534, CESifo Group Munich.
  6. Wilson, Robert, 1977. "A Bidding Model of Perfect Competition," Review of Economic Studies, Wiley Blackwell, vol. 44(3), pages 511-18, October.
  7. repec:wop:humbsf:2000-72 is not listed on IDEAS
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Romstad, Eirik, 2012. "Truthful revelation in nonmarket valuation," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 126724, International Association of Agricultural Economists.
  2. Rabotyagov, Sergey S. & Valcu, Adriana M. & Campbell, Todd D. & Jha, Manoj K. & Gassman, Philip W. & Kling, Catherine L., 2012. "Using a coupled simulation-optimization approach to design cost-effective reverse auctions for watershed nutrient reductions," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124656, Agricultural and Applied Economics Association.
  3. Domenico Colucci & Nicola Doni & Vincenzo Valori, 2009. "Dynamics in Non-Binding Procurement Auctions with Boundedly Rational Bidders," Working Papers Series wp2009_03.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze dell'Economia e Dell'Impresa.
  4. Nicola Doni & Domenico Menicucci, 2011. "Information revelation in procurement auctions with two-sided asymmetric information," Working Papers Series wp2011_14.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze dell'Economia e Dell'Impresa.
  5. Laura Brown & Elizabeth Troutt & Cynthia Edwards & Brian Gray & Wanjing Hu, 2011. "A Uniform Price Auction for Conservation Easements in the Canadian Prairies," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 50(1), pages 49-60, September.
  6. Valle, Haydn & Capon, Timothy & Harris, Michael & Reeson, Andrew, 2012. "Coordination and Strategic Behaviour in Landscape Auctions," 2012 Conference (56th), February 7-10, 2012, Freemantle, Australia 124466, Australian Agricultural and Resource Economics Society.
  7. Markus Groth, 2009. "The transferability and performance of payment-by-results biodiversity conservation procurement auctions: empirical evidence from northernmost Germany," Working Paper Series in Economics 119, University of Lüneburg, Institute of Economics.
  8. Sophie Thoyer & Atakelty Hailu, 2005. "Multi-Unit Auctions to Allocate Water Scarcity Simulating bidding behaviour with agent based models," Working Papers 05-01, LAMETA, Universtiy of Montpellier, revised Jan 2005.
  9. Ciaccia, Gervasio & Doni, Nicola & Fontini, Fulvio, 2010. "Auctioning wind power sites when environmental quality matters," Energy Policy, Elsevier, vol. 38(4), pages 1734-1740, April.
  10. Rousseau Sandra & Moons Ellen, . "Auctioning Conservation Contracts: An Application to the Flemish Afforestation Policy," Energy, Transport and Environment Working Papers Series ete0606, Katholieke Universiteit Leuven, Centrum voor Economische Studiën, Energy, Transport and Environment.
  11. Raphaële Préget & Sophie Thoyer, 2009. "Multi-Unit Auctions and Competition Stricture," Working Papers 09-18, LAMETA, Universtiy of Montpellier, revised Dec 2009.
  12. Brett Bryan & Jeffery Connor et al, 2005., 2005. "Catchment Care - Developing an Auction Process for Biodiversity and Water Quality Gains. Volume 1 - Report," Natural Resource Management Economics 05_004, Policy and Economic Research Unit, CSIRO Land and Water, Adelaide, Australia.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ags:prodsr:31916

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.