Set-Asides and Subsidies in Auctions
نویسندگان
چکیده
منابع مشابه
Set-Asides and Subsidies in Auctions
Set-asides and subsidies are used extensively in government procurement and resource sales. We analyze these policies in an empirical model of US Forest Service timber auctions. The model fits the data well both within the sample of unrestricted sales used for estimation, and when we predict (out-of-sample) outcomes for small business set-asides. Our estimates suggest that restricting entry sub...
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Government procurement and allocation programs often use subsidies and set-asides favoring small businesses and other target groups to address fairness concerns.These concerns are in addition to standard objectives such as efficiency and revenue.We study the design of the optimal mechanism for a seller concerned with efficiency,subject to a constraint to favor a target group...
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From bidding data, we estimate the underlying value distribution for Forest Service timber. We nd that bidder values decrease $2=mbf (thousand board feet) with each mile from the tract and that small rms (less than 500 employees) have values that are $72=mbf lower than large rms. The empirical value distribution is used to simulate various hypothetical scenarios designed to inform public policy...
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This dissertation provides a comparative theoretical analysis of auctions and traditional schemes for the allocation of subsidies. In particular, it considers the “Universal Service” subsidies mandated by the Telecommunications Act of 1996 for telephone service in high-cost areas. A first basic model focuses on the level of subsidies required when the cost of serving different consumers varies ...
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ژورنال
عنوان ژورنال: American Economic Journal: Microeconomics
سال: 2013
ISSN: 1945-7669,1945-7685
DOI: 10.1257/mic.5.1.1