Tilting the supply schedule to enhance competition in uniform-price auctions : [this paper has been presented at the EuroConference on "Auctions and Market Design: Theory, Evidence and Applications" organised by Fondazione Eni Enrico Mattei and sponsored by the EU, Milan, September 26 - 28, 2002] PDF Download
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Author: Marco LiCalzi
Publisher:
ISBN:
Category : Auctions
Languages : en
Pages : 28
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Book Description
Author: Marco LiCalzi
Publisher:
ISBN:
Category : Auctions
Languages : en
Pages : 28
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Book Description
Author: Suren Basov
Publisher: Springer Science & Business Media
ISBN: 3540273131
Category : Business & Economics
Languages : en
Pages : 212
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Book Description
In many industries the tariffs are not strictly proportional to the quantity purchased, i. e, they are nonlinear. Examples of nonlinear tariffs include railroad and electricity schedules and rental rates for durable goods and space. The major justification for the nonlinear pricing is the existence of private information on the side of consumers. In the early papers on the subject, private information was captured either by assuming a finite number of types (e. g. Adams and Yellen, 1976) or by a unidimensional continuum of types (Mussa and Rosen, 1978). Economics of the unidimen sional problems is by now well understood. The unidimensional models, however, do not cover all the situations of practical interest. Indeed, often the nonlinear tariffs specify the payment as a function of a variety of characteristics. For example, railroad tariffs spec ify charges based on weight, volume, and distance of each shipment. Dif ferent customers may value each of these characteristics differently, hence the customer's type will not in general be captured by a unidimensional characteristic and a problem of multidimensional screening arises. In such models the consumer's private information (her type) is captured by an m—dimensional vector, while the good produced by the monopolist has n quality dimensions.
Author: Anders Lunander
Publisher:
ISBN:
Category : Auctions
Languages : en
Pages : 28
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Book Description
Author: Matti Keloharju
Publisher:
ISBN:
Category : Auctions
Languages : en
Pages : 41
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Book Description
Author: Gérard Roland
Publisher: MIT Press
ISBN: 9780262681483
Category : Business & Economics
Languages : en
Pages : 440
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Book Description
The transition from socialism to capitalism in former socialist economies has transformed the economic structure. This book provides an overview of research on the issues raised by the shift from collective to private ownership.
Author: Robert C. Lind
Publisher: Routledge
ISBN: 1135985251
Category : Business & Economics
Languages : en
Pages : 476
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Book Description
This is a collection of theoretical papers, including contributions by Partha Dasgupta and three Nobel prize-winning economists: Kenneth Arrow, Amartya Sen, and Joseph Stiglitz. Originally published in 1982.
Author: Alfred Schipke
Publisher: Springer Science & Business Media
ISBN: 3642566820
Category : Business & Economics
Languages : en
Pages : 162
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Book Description
On an unprecedented scale, nations at all income levels and across the political spectrum have initiated privatization programs over the past twenty years. In the course of this privatization movement, microeconomic efficiency arguments have become the standard justification for the divestment of public assets. This book presents an alternate view and argues that short-term macroeconomic considerations are often the true motive behind privatization programs. Why Do Government Divest? The Macroeconomics of Privatization is a comprehensive treatment of the macroeconomic issues of privatization. In addition to reviewing topics in economic growth and efficiency, this book explores the fiscal, monetary, balance-of-payments, and employment aspects of privatization. Several diverse case studies illustrate how the pursuit of such short-term political objectives can reduce the benefits of privatization.
Author: Paul R. Portney
Publisher: Routledge
ISBN: 1135892016
Category : Business & Economics
Languages : en
Pages : 262
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Book Description
The full effects of decisions made today about many environmental policies -including climate change and nuclear waste- will not be felt for many years. For issues with long-term ramifications, analysts often employ discount rates to compare present and future costs and benefits. This is reasonable, and discounting has become a procedure that raises few objections. But are the methods appropriate for measuring costs and benefits for decisions that will have impacts 20 to 30 years from now the right ones to employ for a future that lies 200 to 300 years in the future? This landmark book argues that methods reasonable for measuring gains and losses for a generation into the future may not be appropriate when applied to a longer span of time. Paul Portney and John Weyant have assembled some of the world's foremost economists to reconsider the purpose, ethical implications, and application of discounting in light of recent research and current policy concerns. These experts note reasons why conventional calculations involved in discounting are undermined when considering costs and benefits in the distant future, including uncertainty about the values and preferences of future generations, and uncertainties about available technologies. Rather than simply disassemble current methodologies, the contributors examine innovations that will make discounting a more compelling tool for policy choices that influence the distant future. They discuss the combination of a high shout-term with a low long-term diescount rate, explore discounting according to more than one set of anticipated preferences for the future, and outline alternatives involving simultaneous consideration of valuation, discounting and political acceptability.
Author: Carlo Carraro
Publisher: Edward Elgar Publishing
ISBN: 9781845421441
Category : Business & Economics
Languages : en
Pages : 272
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Book Description
This book summarises the latest achievements of researchers involved in the application of game theory to the analysis of environmental matters. It provides an overview of different methods and applications, and gives the reader new insights on the solutions to complex environmental problems. The authors investigate various game theoretic approaches, including cooperative and non-cooperative game theory, and analyse both dynamic and static games. They illustrate the application of these approaches to global and local environmental problems, and present novel but effective tools to support environmental policy making. In particular, they focus on three important issues; climate negotiations and policy, the sharing of environmental costs, and environmental management and pollution control.
Author: Stilpon Nestor
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 220
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Book Description
Report prepared by Stilpon Nestor.At head of title: Centre for Co-operation With the Economies in Transition. Includes bibliographical references (p. 189-190).
