Auctioning public assets : analysis and alternatives / edited by Maarten Janssen.

Format:

Book

Contributor:

Janssen, Maarten Christiaan Wilhelmus, 1962- editor.

Language:

English

Subjects (All):

Telecommunication--Great Britain.

Telecommunication.

Telecommunication--Netherlands.

Government auctions--Great Britain.

Government auctions.

Government auctions--Netherlands.

Physical Description:

1 online resource (xv, 315 pages) : digital, PDF file(s).

Edition:

1st ed.

Place of Publication:

Cambridge : Cambridge University Press, 2004.

Language Note:

English

Summary:

In many countries all over the world, governments are privatising firms that were previously under public control. This is happening, for example, in public utility sectors such as gas, water and electricity, in transport sectors (such as rail and metro) and in radio and telephony. This book provides an overview of the economic issues that are involved in this transfer of ownership of public assets. Combining a theoretical framework with a set of case studies of recent sales of state-owned assets from Europe and the USA, it asks which sort of allocation mechanism can a government adopt? Which is most suited to a particular sale? And how will the choice of allocation mechanism affect future market outcomes? With contributions from international experts, this book offers an accessible introduction to auction theory and an invaluable, non-technical analysis of existing knowledge. It will be of interest to students, non-specialists and policy-makers alike.

Contents:

Auction theory for auction design / Tilman Börgers and Eric Van Damme

Beauty contest design / Maurice Dykstr and Nico Van der Windt

Preventing collusion among firms in auctions / Timothy C. Salmon

Levelling the playing field in auctions and the prohibition of state aid / Emiel Maasland, Yves Montangie and Roger Van Den Bergh

Allocation mechanisms and post-allocation interaction / Maarten Janseen and Benny Moldovanu

Spectrum auctions by the United States Federal Communications Commission / Timothy C. Salmon

An analysis of the European 3G licensing process / Emiel Maasland and Benny Moldovan

Auctions of gas transmission access : the British experience / Tanga Morae McDaniel and Karsten Neuhoff

The design of treasury bond auctions : some case studies / Joseph Swierzbinski and Tilman Börgers

Matching markets / Benny Moldovanu

Competitive procurement of reintegration services in the Netherlands / Maurice Dykstr and Jaap De Koning

The provision of rail services / Luisa Affuso and David Newbery.

Notes:

Title from publisher's bibliographic system (viewed on 05 Oct 2015).

Includes bibliographical references and index.

ISBN:

1-107-14820-0

1-280-43770-7

0-511-16552-8

0-511-16631-1

0-511-16438-6

0-511-31304-7

0-511-61084-X

0-511-16518-8

OCLC:

560103803