Cummings, Ronald G.; Holt, Charles A.; Laury, Susan K. - In: Journal of Policy Analysis and Management 23 (2004) 2, pp. 341-363
In recent years, interest has been growing in policy applications of different auction systems. This paper reports a series of experiments that were used to design and implement an auction in a unique policymaking environment. In April 2000, the Georgia legislature passed a law that mandated...
