In recent years, there has been a growing interest in policy applications of different auction systems. This paper reports on a series of experiments that were used to design and implement an auction in a unique policy-making environment. In April, 2000, the Georgia legislature passed a unique...

Frontmatter -- Contents -- Preface -- Acknowledgments -- CHAPTER 1 INTRODUCTION AND OVERVIEW -- CHAPTER 2 DECISIONS AND GAMES -- CHAPTER 3 DOUBLE-AUCTION MARKETS -- CHAPTER 4 POSTED-OFFER MARKETS -- CHAPTER 5 BARGAINING AND AUCTIONS -- Chapter 6 PUBLIC GOODS, EXTERNALITIES, AND VOTING -- Chapter...