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The Role of Auctions in Allocating Public Resources

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Author Info
Chris Chan (Productivity Commission)
Patrick Laplagne (Productivity Commission)
David Appels (Productivity Commission)

Additional information is available for the following registered author(s):

Abstract

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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File URL: http://129.3.20.41/eps/mic/papers/0304/0304007.pdf
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Publisher Info
Paper provided by EconWPA in its series Microeconomics with number 0304007.

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Date of creation: 30 Apr 2003
Date of revision:
Handle: RePEc:wpa:wuwpmi:0304007

Note: Type of Document - PDF; prepared on IBM - PC; to print on HP;
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Web page: http://129.3.20.41

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Related research
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

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.:
  1. 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)
  2. Elmar Wolfstetter, 2001. "The Swiss UMTS Spectrum Auction Flop: Bad Luck or Bad Design," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
    Other versions:
  3. Wilson, Robert, 1977. "A Bidding Model of Perfect Competition," Review of Economic Studies, Blackwell Publishing, vol. 44(3), pages 511-18, October. [Downloadable!] (restricted)
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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.)

  1. 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!]
  2. 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!]
  3. 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 2008-9-25.

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