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Articles 1 - 16 of 16
Full-Text Articles in Economic Theory
Ex Parte Declaration Of Peter Cramton, Peter Cramton
Ex Parte Declaration Of Peter Cramton, Peter Cramton
Peter Cramton
Further comments on the CMRS spectrum cap. For Leap Wireless.
Financial Small-Scale Business Under The New Cbn Directive And Its Likely Impact On Industrial Growth Of The Nigerian Economy., O. J. Nnanna
Financial Small-Scale Business Under The New Cbn Directive And Its Likely Impact On Industrial Growth Of The Nigerian Economy., O. J. Nnanna
Bullion
This examines the prospects of the current drive to ensure efficient and sustainable credit delivery system to the SSls. The rest of the paper is divided into three broad sections. The first section reviews and appraises past financing programmes / schemes, highlighting the major constraints on their performance. The current initiative of the Bankers' Committee is discussed in section two, focusing on its likely impact and underscoring the needed complementary policy measures. Section three summa-rises and concludes the paper.
Democracy And Violence: A Review Of "The Democratic Experience And Political Violence", Ibpp Editor
Democracy And Violence: A Review Of "The Democratic Experience And Political Violence", Ibpp Editor
International Bulletin of Political Psychology
This article is a book review of The Democratic Experience and Political Violence. The book was co-edited by David Rapoport, Professor Emeritus of Political Science at the University of California, Los Angeles and Leonard Weinberg, Foundation Professor of Political Science at the University of Nevada, Reno.
Uniform Pricing Or Pay-As-Bid Pricing: A Dilemma For California And Beyond, Peter Cramton, Alfred E. Kahn, Robert H. Porter, Richard D. Tabors
Uniform Pricing Or Pay-As-Bid Pricing: A Dilemma For California And Beyond, Peter Cramton, Alfred E. Kahn, Robert H. Porter, Richard D. Tabors
Peter Cramton
Any belief that a shift from uniform to as-bid pricing would provide power purchasers substantial relief from soaring prices is simply mistaken. The immediate consequence of its introduction would be a radical change in bidding behavior that would introduce new inefficiencies, weaken competition in new generation, and impede expansion of capacity.
Affidavit Of Peter Cramton, Peter Cramton
Affidavit Of Peter Cramton, Peter Cramton
Peter Cramton
Comment on modifications to installed capability market. For ISO New England.
Lessons Learned From The Uk 3g Spectrum Auction, Peter Cramton
Lessons Learned From The Uk 3g Spectrum Auction, Peter Cramton
Peter Cramton
No abstract provided.
Market Effectiveness Assessment, Peter Cramton, Jeffrey Lien
Market Effectiveness Assessment, Peter Cramton, Jeffrey Lien
Peter Cramton
No abstract provided.
2000 Biennial Regulatory Review Spectrum Aggregation Limits For Commercial Mobile Radio Services, Wt Docket No. 01-14, Federal Communications Commission, "Declaration Of Peter Cramton,", Peter Cramton
Peter Cramton
No abstract provided.
Reply Declaration Of Peter Cramton, Peter Cramton
Reply Declaration Of Peter Cramton, Peter Cramton
Peter Cramton
Further comments on the impact of a delayed sale of spectrum license by Pacific Communication. For American Wireless.
An Investigation Of The Association Between Auditor Switching And Negative Information, Michael Morris Grayson
An Investigation Of The Association Between Auditor Switching And Negative Information, Michael Morris Grayson
Doctoral Dissertations
This study investigates the premise that certain types of negative information are associated with auditor switches. A data set of 305 auditor switches from 1976 to 1994, extracted from the Compustat data base (limited subscription), was analyzed using tests of proportions and nonparametric sign tests. The data set consists of negative information extracted from the switching companies' income statements (i.e., net losses or extraordinary items) or calculated from the items extracted (i.e., net income adjusted to reverse the effect of extraordinary items).
The initial results, based on tests which assumed random movement of net income, did not support the notion …
Bargaining With Incomplete Information, Peter Cramton, Lawrence M. Ausubel, Raymond J. Deneckere
Bargaining With Incomplete Information, Peter Cramton, Lawrence M. Ausubel, Raymond J. Deneckere
Peter Cramton
A central question in economics is understanding the difficulties that parties have in reaching mutually beneficial agreements. Informational differences provide an appealing explanation for bargaining inefficiencies. This chapter provides an overview of the theoretical and empirical literature on bargaining with incomplete information. The chapter begins with an analysis of bargaining within a mechanism design framework. A modern development is provided of the classic result that, given two parties with independent private valuations, ex post efficiency is attainable if and only if it is common knowledge that gains from trade exist. The classic problems of efficient trade with one-sided incomplete information …
Declaration Of Peter Cramton, Peter Cramton
Declaration Of Peter Cramton, Peter Cramton
Peter Cramton
Comments on the impact of fronts in the C and F Block Broadband PCS auction.
The Optimality Of Being Efficient, Peter Cramton, Lawrence M. Ausubel
The Optimality Of Being Efficient, Peter Cramton, Lawrence M. Ausubel
Peter Cramton
In an optimal auction, a revenue-optimizing seller often awards goods inefficiently, either by placing them in the wrong hands or by withholding goods from the market. This conclusion rests on two assumptions: (1) the seller can prevent resale among bidders after the auction; and (2) the seller can commit to not sell the withheld goods after the auction. We examine how the optimal auction problem changes when these assumptions are relaxed. In sharp contrast to the no resale assumption, we assume perfect resale: all gains from trade are exhausted in resale. In a multiple object model with independent signals, we …
Expert Affidavit Of Peter Cramton, Peter Cramton
Expert Affidavit Of Peter Cramton, Peter Cramton
Peter Cramton
Comments on the impact of a delayed sale of spectrum license by Pacific Communication. For American Wireless.
Rights Of Inequality: Rawlsian Justice, Equal Opportunity, And The Status Of The Family, Justin Schwartz
Rights Of Inequality: Rawlsian Justice, Equal Opportunity, And The Status Of The Family, Justin Schwartz
Justin Schwartz
Is the family subject to principles of justice? In A Theory of Justice, John Rawls includes the (monogamous) family along with the market and the government as among the "basic institutions of society" to which principles of justice apply. Justice, he famously insists, is primary in politics as truth is in science: the only excuse for tolerating injustice is that no lesser injustice is possible. The point of the present paper is that Rawls doesn't actually mean this. When it comes to the family, and in particular its impact on fair equal opportunity (the first part of the the Difference …
Pricing In The California Power Exchange Electricity Market: Should California Switch From Uniform Pricing To Pay-As-Bid Pricing?, Peter Cramton, Alfred E. Kahn, Robert H. Porter, Richard D. Tabors
Pricing In The California Power Exchange Electricity Market: Should California Switch From Uniform Pricing To Pay-As-Bid Pricing?, Peter Cramton, Alfred E. Kahn, Robert H. Porter, Richard D. Tabors
Peter Cramton
No abstract provided.