Going once, going twice, sold: auctions and the success of economic theory
Abstract: It has been said that, \\"the value of anything is not what it cost to produce, but what you can get for it at an auction.\\" The U.S. government's proving just that with its auctioning off of telecommunication license.
File(s): File format is text/html http://stlouisfed.org/publications/re/1998/a/re1998a4.html
Provider: Federal Reserve Bank of St. Louis
Part of Series: The Regional Economist
Publication Date: 1998