We use theory and experiment to explore the effectiveness of price-guided mechanisms to assign resources in package allocation problems. Two mechanisms are tested: the combinatorial clock auction (CCA) of Porter, Rassenti, Roopnarine, and Smith (2003) and a matched version of the simultaneous ascending auction (SAA), similar to designs currently in use for spectrum and electricity sales. Unlike...

In this paper it is outlined the methodology of the model MIREM (Multicriteria Industrial and Regional Economic Model) as the empirical framework for the implementation of an industrial policy in the CEECs countries aspiring to enter the European Union. Its epistemological foundations are taken from M. Porter Theory of Competitive Advantage and B. Balassa Theory of Economic Integration and focu...

Road safety is a very important issue in many jurisdictions. Road collisions, which have been identified as a major public health problem by the World Health Organization, are the 11th leading cause of global deaths.1 This problem is being addressed in North America through improved education, enforcement and engineering. Having access to better information systems and tools to support decision...