Our paper considers three policies in the design of offshore oil and gas lease sales that will help promote an economically efficient program of energy exploration and development on the Outer Continental Shelf. The first policy, having the government select when specific tracts should be...

The purpose of this brief comment is to provide some empirical data to support the relevance of the theoretical arguments put forward in Donald Hausch's paper (Hausch, Donald B. 1986. Multi-object auctions: sequential vs. simultaneous sales. Management Sci. 32.). There are two different kinds of...