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A Study of Zero-Out Auctions: Testbed Experiments of a Process of Allocating Private Rights to the Use of Public Property

Guler, Kemal and Plott, Charles R. and Vuong, Quang H. (1987) A Study of Zero-Out Auctions: Testbed Experiments of a Process of Allocating Private Rights to the Use of Public Property. Social Science Working Paper, 650. California Institute of Technology , Pasadena, CA. (Unpublished) https://resolver.caltech.edu/CaltechAUTHORS:20170908-145812758

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Abstract

The study examines a proposal to auction rights to land at a major airport and return the auction revenues to the winners. Experiments with such auctions are reported. New econometric models of the process are developed and evaluated.


Item Type:Report or Paper (Discussion Paper)
Related URLs:
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http://resolver.caltech.edu/CaltechAUTHORS:20140324-114445476Related ItemPublished Version
Additional Information:We acknowledge the financial support of the National Science Foundation and the Caltech Program for the Study of Enterprise and Public Policy. Comments by David Grether, John Ledyard, Michael Levine, Jennifer Reinganum, and Richard Sutch have been very helpful.
Group:Social Science Working Papers
Funders:
Funding AgencyGrant Number
NSFUNSPECIFIED
Caltech Laboratory for Experimental Economics and Political ScienceUNSPECIFIED
Series Name:Social Science Working Paper
Issue or Number:650
Record Number:CaltechAUTHORS:20170908-145812758
Persistent URL:https://resolver.caltech.edu/CaltechAUTHORS:20170908-145812758
Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:81272
Collection:CaltechAUTHORS
Deposited By: Jacquelyn Bussone
Deposited On:11 Sep 2017 18:59
Last Modified:03 Oct 2019 18:40

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