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Articles 1 - 11 of 11

Full-Text Articles in Industrial Organization

A Review Of Markets For Clean Air: The U.S. Acid Rain Program, Peter Cramton Sep 2000

A Review Of Markets For Clean Air: The U.S. Acid Rain Program, Peter Cramton

Peter Cramton

No abstract provided.


Comparative Advantage In Production And Trade In Nigeria., Emmanuel U. Ukeje Jul 2000

Comparative Advantage In Production And Trade In Nigeria., Emmanuel U. Ukeje

Bullion

The Nigerian economy is generally large and very diverse. The country is endowed with a highly productive agricultural base and generally favourable climatic conditions, which provide the potential for intensive production, both for domestic consumption and for exports. This paper reviews the production and trade pattern in Nigeria with a view to identifying major structural changes with regard to the relative comparative advantage enjoyed by the sectors, the other parts of the paper focuses on some theoretical and conceptual issues. The rest of the paper is divided into five sections. Section 2 focuses on some theoretical and conceptual issues. Section …


Affidavit Of Peter Cramton, Peter Cramton Jul 2000

Affidavit Of Peter Cramton, Peter Cramton

Peter Cramton

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


Affidavit Of Peter Cramton, Peter Cramton Jun 2000

Affidavit Of Peter Cramton, Peter Cramton

Peter Cramton

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


Affidavit Of Peter Cramton, Peter Cramton Jun 2000

Affidavit Of Peter Cramton, Peter Cramton

Peter Cramton

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


Affidavit Of Peter Cramton, Peter Cramton May 2000

Affidavit Of Peter Cramton, Peter Cramton

Peter Cramton

Comments on installed capability market. For ISO New England.


Collusive Bidding: Lessons From The Fcc Spectrum Auctions, Peter Cramton, Jesse Schwartz May 2000

Collusive Bidding: Lessons From The Fcc Spectrum Auctions, Peter Cramton, Jesse Schwartz

Peter Cramton

The Federal Communications Commission (FCC) spectrum auctions use a simultaneous ascending auction design. Bidders bid on numerous communication licenses simultaneously, with bidding remaining open on all licenses until no bidder is willing to bid higher on any license. With full revelation of bidding information, simultaneous open bidding allows bidders to send messages to their rivals, telling them on which licenses to bid and which to avoid. These strategies can help bidders coordinate a division of the licenses, and enforce the proposed division by directed punishments. We explore the extent that bidders signaled each other with retaliating bids in recent FCC …


Collusive Bidding: Lessons From The Fcc Spectrum Auctions, Peter Cramton, Jesse Schwartz Apr 2000

Collusive Bidding: Lessons From The Fcc Spectrum Auctions, Peter Cramton, Jesse Schwartz

Jesse A. Schwartz

The Federal Communications Commission (FCC) spectrum auctions use a simultaneous ascending auction design. Bidders bid on numerous communication licenses simultaneously, with bidding remaining open on all licenses until no bidder is willing to bid higher on any license. With full revelation of bidding information, simultaneous open bidding allows bidders to send messages to their rivals, telling them on which licenses to bid and which to avoid. These strategies can help bidders coordinate a division of the licenses, and enforce the proposed division by directed punishments. We explore the extent that bidders signaled each other with retaliating bids in recent FCC …


Affidavit Of Peter Cramton, Peter Cramton Apr 2000

Affidavit Of Peter Cramton, Peter Cramton

Peter Cramton

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


Eliminating The Flaws In New England's Reserve Markets, Peter Cramton, Jeffrey Lien Mar 2000

Eliminating The Flaws In New England's Reserve Markets, Peter Cramton, Jeffrey Lien

Peter Cramton

No abstract provided.


Lessons From The United States Spectrum Auctions, Peter Cramton Feb 2000

Lessons From The United States Spectrum Auctions, Peter Cramton

Peter Cramton

No abstract provided.