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« The costs of quarry | Main | Daily NCAA Tourney Bracket Reminder »

March 18, 2008

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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