Spectrum auctions are used by governments to assign and price licenses for wireless communications. Effective...

The Kyoto summit initiated an international game of cap and trade. Unlike a national cap‐andtrade...

Greenhouse gas abatement is a public good, so climate policy is a public‐goods game and...

At the international level, a global carbon price is a better form of commitment to...

We analyze a discrete clock auction with lowest-accepted bid (LAB) pricing and provisional winners, as...

Forward markets, both medium term and long term, complement the spot market for wholesale electricity....

Since their advent in 2001, virtual power plant (VPP) auctions have been implemented widely. In...

On Tuesday, 10 February 2009, Treasury Secretary Geithner proposed the aggregator bank ("public-private investment fund")...

Fears of pricing troubled assets have needlessly stalled the rescue effort, according to Lawrence Ausubel...

The details of the auction design could make or break the Treasury's plan to invest...

A forward reliability market is presented. The market coordinates new entry through the forward procurement...

This paper examines the impact of an incumbent carrier’s participation in two simultaneously conducted auctions:...

Wholesale electricity markets are commonly organized around a spot energy market. Buyers and suppliers submit...

We argue that a capacity market is needed in most restructured electricity markets, and present...

We study the theory and practical implementation of auctioning many divisible goods. With multiple related...

We generalize the Vickrey auction to allow for reserve pricing in a multi-unit auction with...

This paper describes the bid signaling that occurred in many of the FCC spectrum auctions....

An auction of carbon permits is the best way to achieve carbon caps set by...

Any belief that a shift from uniform to as-bid pricing would provide power purchasers substantial...

The Federal Communications Commission (FCC) spectrum auctions use a simultaneous ascending auction design. Bidders bid...

In the labor relations area no issue generates as much controversy and division between labor...

Using Canadian data on large, private-sector contract negotiations from January 1967 to March 1993, we...

Several regions of the U.S. have sought to restructure the electric power industry by separating...

Changes in technologies and in consumer demands have made prior radio spectrum allocations far from...

Changes in technologies and in consumer demands have made prior radio spectrum allocations far from...

From July 1994 to July 1996, the Federal Communications Commission (FCC) conducted nine spectrum auctions,...

A key question of auction design is whether to use an ascending-bid or a sealed-bid...

It is argued in many circles that a structural change occurred in U.S. collective bargaining...

In most states, ratepayers will compensate utilities for their stranded costs. As a result, these...

We examine bid data from the first two broadband PCS spectrum auctions for evidence of...

This paper analyzes six spectrum auctions conducted by the Federal Communications Commission (FCC) from July...

In recent auctions for paging licenses, the Federal Communications Commission has granted businesses owned by...

Alan Strudler has written a stimulating and provocative article about deception in negotiation. He presents...

The Federal Communications Commission held its first auction of radio spectrum at the Nationwide Narrowband...

In a mechanism design problem, participation constraints require that all types prefer the proposed mechanism...

This Article analyzes how, and when, corporate governance could be improved by utilizing "relational investing."...

We present a bargaining model of union contract negotiations, in which the union decides between...

We study wage bargaining in which the union is uncertain about the firm's willingness to...

In a competitive and morally imperfect world, business people are often faced with serious ethical...

The role of strategic delay is analyzed in an infinite-horizon alternating-offer model of bargaining. A...

We develop a private-information model of union contract negotiations in which disputes signal a firm’s...

A buyer and seller alternate making offers until an offer is accepted or someone terminates...

From a traditional moral point of view, business practitioners often seem overly concerned about the...

This paper focuses on certain mechanisms that govern the sale of corporate assets. Under Delaware...

What cartel agreements are possible when firms have private information about production costs? For private...

Several partners jointly own an asset that may be traded among them. Each partner has...

The resolution of any bargaining conflict depends crucially on the relative urgency of the agents...

A comprehensive book on combinatorial auctions―auctions in which bidders can bid on packages of items....

I begin by describing some of the problems of the simultaneous ascending auction. Then I...

I study the design of auctions of natural resources, such as oil or mineral rights....

Market design plays an essential role in promoting innovation. I examine emission allowance auctions, airport...

We summarize the results of a project that was motivated by the expiration of the...

A firm energy market for Colombia is presented. Firm energy—the ability to provide energy in...

I study the design of oil rights auctions. A good auction design promotes both an...

We study the theory and practical implementation of dynamic procurement auctions. We consider the procurement...

Combinatorial auctions are those auctions in which bidders can place bids on combinations of items,...

The simultaneous ascending auction has proved to be a successful method of auctioning many related...

We propose the clock-proxy auction as a practical means for auctioning many related items. A...

Profit-maximizing bidding in uniform price auction markets involves bidding above marginal cost. It therefore is...

This paper examines principles of market design as applied to electricity markets. I illustrate the...

Labor disputes are an intriguing feature of the landscape of industrialized economies. Economists have had...

Auctions have emerged as the primary means of assigning spectrum licenses to companies wishing to...

A central question in economics is understanding the difficulties that parties have in reaching mutually...

We examine the distributional effects of carbon regulation. An auction of carbon permits is the...

Under Delaware law (the predominant corporate law in the US), when a potential acquirer makes...

Models of HIV transmission and the AIDS epidemic generally assume random mixing among those infected...

The introductory discussion presented in this chapter considers the simplest type of sequential bargaining games...

The Federal Communications Commission’s auction of wireless communication licenses last fall has been criticized as...

On November 2, nearly one year after bids were taken for the Centers for Medicare...

We examine the theoretical properties of the proposed auction format for Medicare Durable Medical Equipment....

The emerging field of market design applies auctions and matching to solve resource allocation problems....

We describe a new approach for selling rough diamonds through competitive auctions. The classical approach...

Bargaining often occurs between parties with some shared interest. Partnerships, joint ventures, and cross ownership...

The failure of the international emission-capping agenda need not and should not block the path...

Forward markets, both medium term and long term, complement the spot market for wholesale electricity....

Since their advent in 2001, virtual power plant (VPP) auctions have been widely implemented. In...

Forecasting electricity demand for future years is an essential step in resource planning. A common...

We analyze the implications of different pricing rules in discrete clock auctions. The two most...

Spectrum auctions are used by governments to assign and price licenses for wireless communications. The...

On Monday, 23 March 2009, Treasury Secretary Geithner presented the Public-Private Investment Program as a...

We experimentally test alternative auction designs suitable for pricing and removing troubled assets from banks’...

Public discussion has turned, in the past few days, toward using some of the $700...

The US Treasury has proposed purchasing $700 billion of troubled assets to restore liquidity and...

We report on the use of a quadratic programming technique in recent and upcoming spectrum...

By the early 1990s employee stock ownership plans (ESOPs) had become as prevalent in unionized...

Auctions typically involve the sale of many related goods. Treasury, spectrum and electricity auctions are...

In an optimal auction, a revenue-optimizing seller often awards goods inefficiently, either by placing them...

Treasury debt and other divisible securities are traditionally sold in either a pay-your-bid (discriminatory) auction...

The purpose of this report is to provide decision makers in Colombia (and by extension...

Argues that consumers and suppliers are better off with the clearing-price auction in electricity markets.

In February 2008, Ofcom’s 10-40 GHz auction concluded. This was Ofcom’s first combinatorial clock auction....

In May 2008, Ofcom’s L-band auction concluded. This was Ofcom’s second combinatorial clock auction. The...

This paper presents an approach to auctioning long-term gas contracts in Colombia. I propose an...

This paper is provided in connection with the 2007 Telecommunications Symposium – Voice, Video and...

Affidavit arguing that HQ manipulated the NYISO TCC and day-ahead energy markets. On behalf of...

This paper presents a market design for Colombia’s forward energy market, which is scheduled to...

As the 700 MHz auction approaches, we are writing to clear up a common misconception...

A common misconception is that an open access provision on a sliver of the 700...

There have been several comments that criticize auction rules that prevent the two major low-frequency...

We comment on the service and auction rules discussed in the Report and Order and...

Affidavit arguing that the Illinois auction for energy for small customers was a competitive auction....

This paper presents a product design for Colombia’s regulated market (MOR), which is scheduled to...

Affidavit identifying manipulation of New York's capacity market by KeySpan and the need for market...

We present a simulation analysis of the proposed Colombian firm energy market. The main purpose...

This note provides a brief description of New England’s Forward Capacity Auction (FCA) for the...

This paper compares market designs intended to solve the resource adequacy (RA) problem, and finds...

Affidavit in support of the settlement agreement defining the New England Forward Capacity Market. For...

Ex parte communication on various auction rules for the AWS auction.

Declaration on various auction rules for the AWS auction. On behalf of T-Mobile US.

Reply declaration on various auction rules for the AWS auction. On behalf of T-Mobile US.

US-Canada Softwood Lumber Trade Dispute, On behalf of British Columbia Ministry of Forests.

US-Canada Softwood Lumber Trade Dispute, On behalf of British Columbia Ministry of Forests.

ISO New England proposes reserve markets designed to improve the existing forward reserve market and...

New England Power Pool, Federal Energy Regulatory Commission.

US-Canada Softwood Lumber Trade Dispute, On behalf of British Columbia Ministry of Forests.

For R.J. Reynolds. Concluded that R.J. Reynolds did not collude in U.S. tobacco auctions during...

Profit-maximizing bidding in uniform price auction markets involves bidding above marginal cost. It therefore is...

For Duke Energy.

US-Canada Softwood Lumber Trade Dispute, On behalf of British Columbia Ministry of Forests.

US-Canada Softwood Lumber Trade Dispute, On behalf of British Columbia Ministry of Forests.

US-Canada Softwood Lumber Trade Dispute, On behalf of British Columbia Ministry of Forests.

US-Canada Softwood Lumber Trade Dispute, On behalf of British Columbia Ministry of Forests.

US-Canada Softwood Lumber Trade Dispute, On behalf of British Columbia Ministry of Forests.

Recommending auctions to manage congestion at LaGuardia.

US-Canada Softwood Lumber Trade Dispute, On behalf of British Columbia Ministry of Forests.

US-Canada Softwood Lumber Trade Dispute, On behalf of British Columbia Ministry of Forests.

US-Canada Softwood Lumber Trade Dispute, On behalf of British Columbia Ministry of Forests.

Comments on proposed changes to how the energy clearing price is calculated. For ISO New...

Comments in support of wireless number portability. For Leap Wireless.

Further comments on the CMRS spectrum cap. For Leap Wireless.

Comment on modifications to installed capability market. For ISO New England.

Comments on the CMRS spectrum cap. For Leap Wireless.

Comment on the value of clearing rights for broadcast television stations 59 to 69. For...

Further comments on the impact of a delayed sale of spectrum license by Pacific Communication....

Comments on the impact of fronts in the C and F Block Broadband PCS auction.

Comments on the impact of a delayed sale of spectrum license by Pacific Communication. For...

Comment on deficiency charge in installed capability market. For ISO New England.

Further comments on energy price cap as a response to design flaws. For ISO New...

Comments on energy price cap as a response to design flaws. For ISO New England.

Comments on installed capability market. For ISO New England.

Comments on one-part vs. three-part bidding in energy market. For ISO New England.

I review the performance of the operating reserves and the operable capability markets in New...

Summary of review of reserves and operable capability markets. For ISO New England.

Reply to comments on review of rules. For ISO New England.

This report reviews the proposed rules for restructured wholesale electricity markets in New England. We...

For ISO New England.

Determine the value of spectrum licenses won by Best Digital in the C-block Broadband PCS...

An effective package bidding mechanism addresses three problems: the exposure problem (the risks a bidder...

The FCC was an innovator in adopting the rules of the simultaneous ascending-price auction for...

We evaluate a number of possible enhancements to the FCC auctions. We consider only changes...

During the transition to a competitive electricity market, when a consumer does not select an...

For Antigone and Devco.

For Antigone and Devco.