A simple auction mechanism for the optimal allocation of the commons

Efficient regulation of the commons requires information about the regulated firms that is rarely available to regulators (e.g., cost of pollution abatement). Different mechanisms have been proposed for inducing firms to reveal their private information but for reasons I discuss in the paper, I find...

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Автор: Montero, Juan-Pablo
Інші автори: Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research.
Формат: Working Paper
Опубліковано: MIT Center for Energy and Environmental Policy Research 2009
Онлайн доступ:http://hdl.handle.net/1721.1/45054