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Collusive Bidding: Lessons from the FCC Spectrum Auctions
Auctions Collusion Multiple Object Auctions Spectrum Auctions
2015/9/18
The Federal Communications Commission (FCC) spectrum auctions use a simultaneous
ascending auction design. Bidders bid on numerous communication licenses
simultaneously, with bidding remaining ope...
Lessons from International Experience with Electricity Market Monitoring
Electricity Market Monitoring International Experience
2015/7/31
This paper first describes those features of the electricity supply industry that
make a prospective market monitoring process essential to a well-functioning wholesale
market. Some of these featu...
Ten Myths About Competitive Electricity Markets: Lessons for Designing Congestion Management Protocols
Competitive Electricity Markets Management
2015/7/31
In the extreme cases mentioned above [industry re-structuring of the
form implemented in the United Kingdom], many of the dispatch and
scheduling methods we are going to discuss will need to be re-t...
Reflections on a Hypothesis:Lessons for Policy,Research,and Corporate Practice
Society Strategy Canada
2015/5/7
Reflections on a Hypothesis: Lessons for Policy, Research, and Corporate Practice.
Microeconomic Aspects of Competitiveness:Lessons for Post-Crisis Growth Policies
Economics Growth and Development Society Latvia
2015/5/7
Prof. Christian Ketels - Institute for Strategy and Competitiveness, Harvard Business School and Center for Strategy and Competitiveness, Stockholm School of Economics.
Input Constraints and the Efficiency of Entry: Lessons from Cardiac Surgery
Government Legislation Health Care Treatment Medical Specialties
2015/4/22
Prior studies suggest that, with elastically supplied inputs, free entry may lead to an inefficiently high number of firms in equilibrium. Under input scarcity, however, the welfare loss from free ent...
This paper examines the development of broadband adoption in Singapore and to draw lessons that may be applicable to similar developments elsewhere. The pioneering experience of Singapore is also usef...
Leadership Forum
The 15 Years of Poland’s Thorny Road to Market and Democracy
-Lessons for China
by
Professor Grzegorz W. Kolodko
Former Polish Deputy Premier and Minister of Finance
Director ...
INTRODUCTIONOne of the most important events in the modern economic history is the socialist countries’ transition from the Soviet-type planned economy to a market economy starting in the last two dec...
Abstract
Washington consensus and shock therapy forgot Keynesian lessons from the Great Depression: market instability and the active role of government in promoting growth. The severe output decline...