Published August 1987
| Submitted
Working Paper
Open
A Study of Zero-Out Auctions: Testbed Experiments of a Process of Allocating Private Rights to the Use of Public Property
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.
Acknowledgement
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.Attached Files
Submitted - sswp650.pdf
Files
sswp650.pdf
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Additional details
- Eprint ID
- 81272
- Resolver ID
- CaltechAUTHORS:20170908-145812758
- NSF
- Caltech Laboratory for Experimental Economics and Political Science
- Caltech groups
- Social Science Working Papers
- Series Name
- Social Science Working Paper
- Series Volume or Issue Number
- 650
- Other Numbering System Name
- Social Science Working Paper
- Other Numbering System Identifier
- 650
- Publication Status
- Submitted