Large-scale privatization via auctions

The case of land in transforming economies

Autori

• Jocelyn Braun

Parametri

• Libri di testo
• Libri di testo universitari

Maggiori informazioni sul libro

Successful large-scale privatization programs for highly political resources such as land require the consideration not only of economic but also of ethical aspects. On the basis of a game-theoretic framework of analysis, Jocelyn Braun shows that the mechanism of auctioning is an efficient and equitable alternative to many privatization methods that have so far been implemented with disappointing results. The author presents a solution concept and - using Bayesian mechanism design - expands the current theoretical and practice-oriented literature in the light of transformation.

Lingua: Inglese

Pubblicato: 1998