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Laboratory Experimental Testbeds: Application to the PCS Auction

Plott, Charles R. (1996) Laboratory Experimental Testbeds: Application to the PCS Auction. Social Science Working Paper, 957. California Institute of Technology , Pasadena, CA. (Unpublished)

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The use of laboratory experimental methods in economics has been growing rapidly. With each application, new insights are gained about how the methodology can be used to supplement the more traditional forms of research. Such was the case with the development of the Federal Communications Commission (FCC) policy for the auction of licenses for Personal Communication Systems (PCS). At several different stages the laboratory experimental methods of economics were used. The application differed at each of these stages, representing the different types of relationships that can exist among theory, observation, and policy. This paper is a brief account of the applications.

Item Type:Report or Paper (Working Paper)
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Additional Information:Published as Plott, Charles R. "Laboratory experimental testbeds: Application to the PCS auction." Journal of Economics & Management Strategy 6, no. 3 (1997): 605-638.
Group:Social Science Working Papers
Series Name:Social Science Working Paper
Issue or Number:957
Record Number:CaltechAUTHORS:20170816-163211539
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Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:80531
Deposited By: Jacquelyn Bussone
Deposited On:17 Aug 2017 16:27
Last Modified:03 Oct 2019 18:32

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