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The Role of Auctions in Allocating Public Resources

  • Chris Chan

    (Productivity Commission)

  • Patrick Laplagne

    (Productivity Commission)

  • David Appels

    (Productivity Commission)

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://128.118.178.162/eps/mic/papers/0304/0304007.pdf
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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;
Contact details of provider: Web page: http://128.118.178.162

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  1. 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.
  2. Elmar G. Wolfstetter, 2001. "The Swiss UMTS Spectrum Auction Flop: Bad Luck or Bad Design," CESifo Working Paper Series 534, CESifo Group Munich.
  3. P. Dasgupta & Eric Maskin, 1998. "Efficient Auctions," Harvard Institute of Economic Research Working Papers 1857, Harvard - Institute of Economic Research.
  4. 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.
  5. Wilson, Robert, 1977. "A Bidding Model of Perfect Competition," Review of Economic Studies, Wiley Blackwell, vol. 44(3), pages 511-18, October.
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