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Published August 1987 | Version Submitted
Discussion Paper Open

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

  • 1. ROR icon California Institute of Technology

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.

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Additional details

Identifiers

Eprint ID
81272
Resolver ID
CaltechAUTHORS:20170908-145812758

Related works

Is previous version of
Journal Article: https://authors.library.caltech.edu/records/82st1-fhn43 (URL)

Funding

NSF
Caltech Laboratory for Experimental Economics and Political Science

Caltech Custom Metadata

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