The Role of Auctions in Allocating Public Resources
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.
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.:
- 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.
- Peter Cramton, 1995. "Money Out of Thin Air: The Nationwide Narrowband PCS Auction," Papers of Peter Cramton 95jems, University of Maryland, Department of Economics - Peter Cramton, revised 09 Jun 1998.
- Elmar G. Wolfstetter, 2001.
"The Swiss UMTS Spectrum Auction Flop: Bad Luck or Bad Design,"
CESifo Working Paper Series
534, CESifo Group Munich.
- Wolfstetter, Elmar, 2001. "The Swiss UMTS spectrum auction flop: Bad luck or bad design?," SFB 373 Discussion Papers 2001,50, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
- P. Dasgupta & Eric Maskin, 1998.
Harvard Institute of Economic Research Working Papers
1857, Harvard - Institute of Economic Research.
- 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.
- Wilson, Robert, 1977. "A Bidding Model of Perfect Competition," Review of Economic Studies, Wiley Blackwell, vol. 44(3), pages 511-18, October.
When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpmi:0304007. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA)
If references are entirely missing, you can add them using this form.