The simultaneous, ascending auction: dynamics of price adjustment in experiments and in the UK3G spectrum auction

Article Abstract:

The behavior of bidders in simultaneous ascending auctions (SAA), which is a multiple unit auction and based on two principles, the principle of surplus maximization and principle of bid minimization is examined. The issue of early auction data to predict when such auction might end and value inferences is also investigated.

Legal issues & crime, Government regulation (cont), Government regulation, Legal/Government Regulation, Laws, regulations and rules, Letting of contracts, Competitive bidding, Auctions, Price control, Price regulations

---

Decentralised management of common property resources: experiments with a centuries-old institution

Article Abstract:

An experiment that was conducted on the centuries old special system of managing common properties followed by the villages of Italian Alps is presented. The efficiency of the resources improved considerably according to the experiment with this institution.

Italy, Real estate agents and managers, Real Estate Management, Activities Related to Real Estate, Decision-making, Decision making

---

Aging and decision making: a comparison between neurologically healthy elderly and young individuals

Article Abstract:

The results of experiments on economic decisions with healthy elderly and young individuals are reported. The theory that age impairs decision making is disproved. Elderly individuals are supported for their objectivity.

United States, Forecasts, trends, outlooks, Aged, Elderly, Economic aspects, Forecasts and trends, Economic conditions, Market trend/market analysis, Age, Age (Biology)

Similar abstracts:

• Abstracts: The long-run dynamics of fundamental tax reform. Potential disruption from the move to a consumption tax
• Abstracts: The private uses of public interests: incentives and institutions. New and old Keynesians
• Abstracts: Competition in European aviation: pricing policy and market structure. An empirical evaluation of the determinants of research joint venture formation
• Abstracts: Cheap talk in bargaining experiments: lying and threats in ultimatum games. A Ricardian model of the tragedy of the commons

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.