Social and Behavioral Sciences Commons^™

Collusive Bidding In The Fcc Spectrum Auctions, Peter Cramton, Jesse Schwartz

Jesse A. Schwartz

This paper describes the bid signaling that occurred in many of the FCC spectrum auctions. Bidders in these auctions bid on numerous spectrum licenses simultaneously, with bidding remaining open on all licenses until no bidder is willing to raise the bid on any license. Simultaneous open bidding allows bidders to send messages to their rivals, telling them on which licenses to bid and which to avoid. This “code bidding” occurs when one bidder tags the last few digits of its bid with the market number of a related license. We examine how extensively bidders signaled each other with retaliating bids …

The Existence Of Gender-Specific Promotion Standards In The U.S., Kathy Paulson Gjerde

Kathy A. Paulson Gjerde

This paper is motivated by the claim that promotion probabilities are lower for women than men. Using data from the 1984 and 1989 National Longitudinal Youth Surveys, this paper tests this claim and two related hypotheses concerning training and ability. It is found that females are less likely to be promoted than males, and females receive less training than males. The relationship between promotion and gender varies across occupations, however, suggesting that the alleged glass ceiling faced by women and other minorities in the workplace is not uniform across all labor markets.

Note: Link is to the article in a …

A Fitting Strategy, Carol Gill

Carol Gill

Take advantage of the tools available to check the fit between HRM and business strategy

An Analysis Of Auction Volume And Market Competition For The Coastal Forest Regions In British Columbia, Peter Cramton, Susan Athey, Allan Ingraham

Peter Cramton

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

Reserve Prices, Stumpage Fees, And Efficiency, Peter Cramton, Susan Athey, Allan Ingraham

Peter Cramton

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

Setting The Upset Price In British Columbia Timber Auctions, Peter Cramton, Susan Athey, Allan Ingraham

Peter Cramton

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

Unions, Bargaining And Strikes, Peter Cramton, Joseph Tracy

Peter Cramton

Labor disputes are an intriguing feature of the landscape of industrialized economies. Economists have had a long-standing interest in formulating a framework for understanding and analyzing labor disputes. The development of noncooperative bargaining theory provided the tools for a theory of collective bargaining and labor disputes. A general aim of this theoretical development is to inform policy makers of the efficiency and equity effects associated with different labor laws and institutions that govern and shape the collective bargaining process. While this new literature is still evolving, it can already offer many insights into the interplay between policy and the bargaining …

Regional Technology Assets And Opportunities: The Geographic Clustering Of High-Tech Industry, Science And Innovation In Appalachia, Edward Feser, Harvey Goldstein, Henry Renski, Catherine Renault

Edward J Feser

This study constitutes a systematic location analysis of the technology assets of Appalachia. The report identifies and documents sub-regional concentrations of technology-related employment, R&D, and applied innovation within and immediately adjacent to the 406-county service area of the Appalachian Regional Commission. By assembling and analyzing an extensive set of data at high levels of functional and spatial detail, the study reveals localized technology strengths that might be nurtured through focused economic development policy.

Demand Reduction And Inefficiency In Multi-Unit Auctions, Peter Cramton, Lawrence M. Ausubel

Peter Cramton

Auctions typically involve the sale of many related goods. Treasury, spectrum and electricity auctions are examples. In auctions where bidders pay the market-clearing price for items won, large bidders have an incentive to reduce demand in order to pay less for their winnings. This incentive creates an inefficiency in multiple-item auctions. Large bidders reduce demand for additional items and so sometimes lose to smaller bidders with lower values. We demonstrate this inefficiency in an auction model which allows interdependent values. We also establish that the ranking of the uniform-price and pay-as-bid auctions is ambiguous in both revenue and efficiency terms. …

Two Sides To The Story : Women's And Men's Views On The Difficulties Women Face In Accessing Directorships, Alison Sheridan, Gina Milgate

Gina C Milgate

No abstract provided.

Innovation And The Economy, Mario Pianta, J. Michie, C. Oughton

Mario Pianta

Unemployment has remained at relatively high levels across most European countries for a generation now. There have been a number of suggested explanations for this, with correspondingly different policy implications. Two of the major hypotheses relate, first, to the impact on the European economies from increased international competition, and `globalisation’ more generally, and, secondly, to the effects of new technology and innovation. The effects of both globalisation and technology on growth and employment in Europe have been researched over the past two years through an EU-funded project, the results of which, relating in particular to innovation, are reported in this …

Auctioning Timber To Maximize Revenues In British Columbia, Peter Cramton, Susan Athey, Allan Ingraham

Peter Cramton

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

Comments On Alternative Policy Options For Managing Capacity And Mitigating Congestion And Delay At Laguardia Airport, Peter Cramton

Peter Cramton

Recommending auctions to manage congestion at LaGuardia.

A Comparison Of Equation-Based And Parity Pricing Of Stumpage Fees For British Columbia Timber Under Long-Term Tenures, Peter Cramton, Susan Athey, Allan Ingraham

Peter Cramton

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

Testing For Anti-Competitive Bidding In Auction Markets, Peter Cramton, Susan Athey, Allan Ingraham

Peter Cramton

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

Auction-Based Timber Pricing And Complementary Market Reforms In British Columbia, Peter Cramton, Susan Athey, Allan Ingraham

Peter Cramton

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

Can Law And Economics Be Both Practical And Principled?, David A. Hoffman, Michael P. O'Shea

David A Hoffman

This article describes important recent developments in normative law and economics, and the difficulties they create for the project of efficiency-based legal reform. After long proceeding without a well articulated moral justification for using economic decision procedures to choose legal rules, scholars have lately begun to devote serious attention to developing a philosophically attractive definition of well-being. At the same time, the empirical side of law and economics is also being enriched with an improved understanding of the complexities of individuals' decision-making behavior. That is where the problems begin. Scholars may have better, more plausible conceptions of well-being in hand, …

Declaration Of Peter Cramton, Peter Cramton

Peter Cramton

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

Affidavit Of Peter Cramton, Peter Cramton

Peter Cramton

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

Self Reliant Agriculture For Arid Lands, David A. Bainbridge

David A Bainbridge

More than a billion people face the challenge of supporting themselves in the world's arid lands. Much can be improved by refining and adopting the best traditional practices and crops from around the world. The lessons learned can also help develop new and improved agronomic practices and crops.

La Revolución Juliana, Evento Ignominioso En La Historia De Guayaquil, Guillermo Arosemena

Guillermo Arosemena

No abstract provided.

The Interactive Effects Of Conscientiousness And Agreeableness On Job Performance

L. A. Witt

No abstract provided.

The Interactive Effects Of Extroversion And Conscientiousness On Job Performance

L. A. Witt

No abstract provided.

Innovations In Competitive Manufacturing, Paul Swamidass

Paul Swamidass

Competitive manufacturing in the US was made possible by the progress made in a number of areas. For example, progress in competitive manufacturing is attributable to advances in the strategic use if manufacturing, cellular manufacturing, lean manufacturing, flexible automation, total quality management, supply chain management, design for manufacturing, mass customization, improved costing, and so on.

Pressured by competition, US manufacturers began the journey to competitive manufacturing in the late seventies; their success brought revolutionary changes to US manufacturing.

The book is arranged in 13 different chapters, each covering a major subject within manufacturing management. Each chapter consists of one or …

Tradeable Carbon Permit Auctions: How And Why To Auction Not Grandfather, Peter Cramton, Suzi Kerr

Peter Cramton

An auction of carbon permits is the best way to achieve carbon caps set by international negotiation to limit global climate change. To minimize administrative costs, permits would be required at the level of oil refineries, natural gas pipe lines, liquid sellers, and coal processing plants. To maximize liquidity in secondary markets, permits would be fully tradable and bankable. The government would conduct quarterly auctions. A standard ascending-clock auction in which price is gradually raised until there is no excess demand would provide reliable price discovery. An auction is preferred to grandfathering (giving polluters permits in proportion to past pollution), …

Spectrum Auctions, Peter Cramton

Peter Cramton

Auctions have emerged as the primary means of assigning spectrum licenses to companies wishing to provide wireless communication services. Since July 1994, the Federal Communications Commission (FCC) has conducted 33 spectrum auctions, assigning thousands of licenses to hundreds of firms. Countries throughout the world are conducting similar auctions. I review the current state of spectrum auctions. Both the design and performance of these auctions are addressed.

Kultura – Odkrywana Czy Konstruowana?, Dariusz Jemielniak

Dariusz Jemielniak

Artykuł przedstawia pokrótce zagadnienie odkrywania i konstruowania kultury. Broni tezy społecznego konstruktywizmu, zgodnie z którą kultura ma charakter performatywny, a nie ostensywny (jest konstruowana, a nie odkrywana przez badacza).

The Effects Of Group Membership On The Avoidance Of Negative Outcomes: Implications For Social And Consumer Decisions, Donnel A. Briley, Robert S. Wyer

Donnel A Briley

Calling consumers’ attention to their cultural identity can make them aware of their membership in a group and, therefore, can induce a group mind-set. This mindset, in turn, leads them to make decisions that minimize the risk of negative outcomes to both themselves and others. The effects of this mind-set generalize over both group and individual choice situations. These possibilities were confirmed in a series of six experiments. Results showed that making people feel part of an ad hoc group increased not only their use of equality as a basis for allocating resources to themselves and others, but also their …

Characterization Of Different Reactive Lysines In Bovine Heart Mitochondrial Porin. Al Jamal Ja, Philadelphia University

Philadelphia University, Jordan

No abstract provided.

Social Class, Politics, And Urban Markets: The Makings Of Bias In Policy Outcomes, Herman L. Boschken

Herman L. Boschken

No abstract provided.