Energy transition is prevalent nowadays, and Colombia is no exception to this phenomenon.
Energy coming from non-conventional renewable resources is one of the main feature of this …

I analyze a model of a private value divisible good auction with different payment rules,
standard rationing rule pro-rata on-the-margin and both with and without a restriction on the …

We compare auctioning and grandfathering as allocation mechanisms of emission permits
when there is a secondary market with market power and firms have private information on …

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Colombia - Bogotá - Colombia - Page 1 Page 2 Dynamic and Strategic Behavior in …

We prove the existence of monotonic pure strategy equilibrium for many kinds of asymmetric
auctions with n bidders and unitary demands, interdependent values and independent …

We analyze emission permit auctions in a framework in which a dominant firm enjoys market
power both in the auction and in the secondary market while its competitor behaves in a …

By means of a suitable Bayesian game we study spot electricity markets from a structural
point of view. We address the problem of individual and aggregate eficciency and we show …

Establishing existence and characterizing equilibria are both important achievements in the
study of auctions. However, we recognize that equilibria existence results form the basis for …

We construct a model of multi-unit auctions in which I bidders bid for two indivisible units of a
common value good. Using a first-order approach, we find that there are equilibria in which …

Several important auction settings, including treasury auctions in Canada and the US, have
the feature that some bidders (dealers) observe the bids of a subset of other bidders …