This paper reviews the part played by economists in organising the British third-generation mobile-phone licence auction that concluded on 27 April 2000. It raised £22½ billion ($34 billion or 2½% of GNP) and was widely described at the time as the biggest auction ever. We discuss the merits...

This paper finds experimental support for Von Neumann's minimax theory in two-person, zero-sum games.

This paper analyzes the bargaining problem faced by two individuals in the Rawlsian original position along strictly Rawlsian lines. The resulting model closely resembles that used by J. Harsanyi in defending utilitarianism. Three difficulties with Harsanyi's version of the model are identified....