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The Role of Auctions in Allocating Public Resources Author info | Abstract | Publisher info | Download info | Related research | Statistics Chris Chan (Productivity Commission)
Patrick Laplagne (Productivity Commission)
David Appels (Productivity Commission)
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This paper provides an economic framework within which to consider the effectiveness and limitations of auction markets. The paper looks at the use of auctions as a policy instrument and the effects of auction design on consumer interests, the efficient allocation of resources, and industry competitiveness.
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Paper provided by EconWPA in its series Microeconomics with number
0304007.
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Date of creation: 30 Apr 2003Date of revision:
Handle: RePEc:wpa:wuwpmi:0304007Note: Type of Document - PDF; prepared on IBM - PC; to print on HP;Contact details of provider: Web page: http://129.3.20.41
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Keywords: Australia ; Research ; Ascending-bid auction ; Auctions ; Bidders ; Conservation funds ; Descending-bid auction ; Dutch auction ; English auction ; Environmental Management ; First-price sealed-bid auction ; Infrastructure ; Markets ; Oral auction ; Outcry auction ; Pollutant emission permits ; Power supply contracts ; Public resources ; Radio- spectrum ; Second-price sealed-bid auction Spectrum licences ; Vickrey auction ; Water rights ; Other versions of this item:
Find related papers by JEL classification: D1 - Microeconomics - - Household Behavior D2 - Microeconomics - - Production and Organizations D3 - Microeconomics - - Distribution D4 - Microeconomics - - Market Structure and Pricing
This paper has been announced in the following NEP Reports :
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.: 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.
[Downloadable!] (restricted)
Wilson, Robert, 1977.
"A Bidding Model of Perfect Competition ,"
Review of Economic Studies ,
Blackwell Publishing, vol. 44(3), pages 511-18, October.
[Downloadable!] (restricted)
Partha Dasgupta & Eric Maskin, 2000.
"Efficient Auctions ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 115(2), pages 341-388, May.
[Downloadable!] (restricted)
Other versions: Cramton, Peter C, 1995.
"Money Out of Thin Air: The Nationwide Narrowband PCS Auction ,"
Journal of Economics & Management Strategy ,
Blackwell Publishing, vol. 4(2), pages 267-343, Summer.
Other versions: 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.
[Downloadable!] (restricted)
Elmar Wolfstetter, 2001.
"The Swiss UMTS Spectrum Auction Flop: Bad Luck or Bad Design ,"
CESifo Working Paper Series
CESifo Working Paper No. , CESifo Group Munich.
[Downloadable!]
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references Cited by : (explanations , 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.)
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.
[Downloadable!]
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.
[Downloadable!]
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.
[Downloadable!]
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.
[Downloadable!]
Atakelty Hailu & Sophie Thoyer, 2005.
"Multi-Unit Auctions to Allocate Water Scarcity Simulating Bidding Behaviour with Agent Based Models ,"
Others
0512012, EconWPA.
[Downloadable!]
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This page was last updated on 2009-11-25.
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