While I was filling out my NCAA brackets Knowledge Problem was figuring out the RGGI's auction design
RGGI picks uniform-price sealed-bid auction design for first regional CO2 auction in US:
RGGI has chosen a single round, uniform-price, sealed-bid auction -- the design recommended by the RGGI's auction design experts.
There are also summaries of:
- Auction Structure and Format
- Allowance Sale Schedule
- Participation
- Reserve Price
- Unsold Allowances
- Notice of Auctions
- Monitoring
- Auction Results
Experimental economists are in heaven.




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