Details about Peter Cramton

E-mail:
Homepage:	http://www.cramton.umd.edu
Phone:	202-318-0520
Postal address:	Economics Dept University of Maryland College Park MD 20742-7211
Workplace:	Department of Economics, University of Maryland, (more information at EDIRC)

Access statistics for papers by Peter Cramton.

Last updated 2009-08-28. Update your information in the RePEc Author Service.

Short-id: pcr1

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Working Papers

2009

1. A Two-Sided Auction for Legacy Loans
   Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
2. Auctioning Greenhouse Gas Emissions Permits in Australia
   Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
3. Auctioning the Digital Dividend
   Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
4. Auctions for Injecting Bank Capital
   Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
5. Common-Value Auctions with Liquidity Needs: An Experimental Test of a Troubled Assets Reverse Auction
   Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
6. How Best to Auction Natural Resources
   Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
7. Innovation and Market Design
   Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
8. Making Sense of the Aggregator Bank
   Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
9. Market Design: Auctions and Matching
   Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
10. No Substitute for the 'P'-Word in Financial Rescue
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
11. Pricing Rule in a Clock Auction
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
12. Spectrum Auction Design
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton

2008

13. A Review of the 10-40 GHz Auction
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
14. A Review of the L-Band Auction
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
15. A Troubled Asset Reverse Auction
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
16. Auction Design Critical for Rescue Plan
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
17. Auctioning Long-term Gas Contracts in Colombia
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
18. ESOP Fables: The Impact of Employee Stock Ownership Plans on Labor Disputes
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
    Also in Staff Reports, Federal Reserve Bank of New York (2008)
19. Forward Reliability Markets: Less Risk, Less Market Power, More Efficiency
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
    See also Journal Article in Utilities Policy (2008)
20. The Effect of Incumbent Bidding in Set-Aside Auctions: An Analysis of Prices in the Closed and Open Segments of FCC Auction 35
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
21. The Quadratic Core-Selecting Payment Rule for Combinatorial Auctions
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton

2007

22. An Overview of Combinatorial Auctions
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
23. Colombia Firm Energy Market
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
24. Colombia’s Forward Energy Market
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
25. Comments on the FCC’s Proposed Competitive Bidding Procedures for Auction 73
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
26. Comments on the RGGI Market Design
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
27. Economic Comments on the Design of the 700 MHz Spectrum Auction
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
28. Economist Letter to NTIA on 700 MHz Spectrum Auction
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
29. Essential Entry: Revenues in the 700 MHz Spectrum Auction
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
30. Market-Based Alternatives for Managing Congestion at New York’s LaGuardia Airport
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
31. Revenues in the 700 MHz Spectrum Auction
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
32. The 700 MHz Spectrum Auction: An Opportunity to Protect Competition In a Consolidating Industry
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
33. Why We Need to Stick with Uniform-Price Auctions in Electricity Markets
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
    See also Journal Article in The Electricity Journal (2007)

2006

34. Simulation of the Colombian Firm Energy Market
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
35. The Convergence of Market Designs for Adequate Generating Capacity
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
36. The Convergence of Market Designs for Adequate Generating Capacity with Special Attention to the CAISO’s Resource Adequacy Problem
    Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research

2005

37. A Capacity Market that Makes Sense
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
    See also Journal Article in The Electricity Journal (2005)
38. How Best to Auction Oil Rights
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
39. Review of the Proposed Reserve Markets in New England
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton

2004

40. Auctioning Many Divisible Goods
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
    See also Journal Article in Journal of the European Economic Association (2004)
41. Combinatorial Auctions
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
42. Competitive Bidding Behavior in Uniform-Price Auction Markets
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
    Also in Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton (2003) View citations
43. Simultaneous Ascending Auction
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
44. The Clock-Proxy Auction: A Practical Combinatorial Auction Design
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations

2003

45. Rebuttal Addendum: Assessment of Submissions of the California Parties
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton

2002

46. Collusive Bidding in the FCC Spectrum Auctions
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
    Also in Econometric Society World Congress 2000 Contributed Papers, Econometric Society (2000) View citations
47. Demand Reduction and Inefficiency in Multi-Unit Auctions
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
48. Electricity Market Design: The Good, the Bad, and the Ugly
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
49. Lessons Learned from the UK 3G Spectrum Auction
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
50. Tradeable Carbon Permit Auctions: How and Why to Auction Not Grandfather
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
    Also in Discussion Papers, Resources For the Future (1998) View citations
    See also Journal Article in Energy Policy (2002)
51. Unions, Bargaining and Strikes
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations

2001

52. Bargaining with Incomplete Information
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
    See also Chapter (2002)
53. Pricing in the California Power Exchange Electricity Market: Should California Switch from Uniform Pricing to Pay-as-Bid Pricing?
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
54. Spectrum Auctions
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
55. Uniform Pricing or Pay-as-Bid Pricing: A Dilemma for California and Beyond
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
    See also Journal Article in The Electricity Journal (2001)

2000

56. A Review of Markets for Clean Air: The U.S. Acid Rain Program
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
57. Eliminating the Flaws in New England's Reserve Markets
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
58. Lessons from the United States Spectrum Auctions
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
59. Review of the Reserves and Operable Capability Markets: New England's Experience in the First Four Months
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations

1999

60. Collusive Bidding: Lessons from the FCC Spectrum Auctions
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
    See also Journal Article in Journal of Regulatory Economics (2000)
61. Impacts of Strike Replacement Bans in Canada
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
62. The Optimality of Being Efficient
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
63. The Role of the ISO in U.S. Electricity Markets: A Review of Restructuring in California and PJM
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
    See also Journal Article in The Electricity Journal (1999)
64. Vickrey Auctions with Reserve Pricing
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
    See also Journal Article in Economic Theory (2004)

1998

65. A Review of ISO New England's Proposed Market Rules
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
66. Ascending Auctions
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
    See also Journal Article in European Economic Review (1998)
67. Auctioning Securities
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
68. Bargaining with Incomplete Information: An Infinite-Horizon Model with Two-Sided Uncertainty
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
    See also Journal Article in Review of Economic Studies (1984)
69. Cartel Enforcement with Uncertainty About Costs
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
    Also in Working Papers, California Institute of Technology, Division of the Humanities and Social Sciences (1986) View citations
    See also Journal Article in International Economic Review (1990)
70. Deception and Mutual Trust: A Reply to Strudler
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
71. Deficit Reduction Through Diversity: How Affirmative Action at the FCC Increased Auction Competition
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
72. Dissolving a Partnership Efficiently
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
    Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1985)
    See also Journal Article in Econometrica (1987)
73. Dynamic Bargaining with Transaction Costs
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
74. Efficient Relocation of Spectrum Incumbents
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
    See also Journal Article in Journal of Law & Economics (1998)
75. Money Out of Thin Air: The Nationwide Narrowband PCS Auction
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
    See also Journal Article in Journal of Economics & Management Strategy (1995)
76. Nonrandom Mixing Models of HIV Transmission
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
77. Promoting Honesty in Negotiation: An Exercise in Practical Ethics
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
78. Ratifiable Mechanisms: Learning from Disagreement
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
    Also in Working Papers, California Institute of Technology, Division of the Humanities and Social Sciences (1990) View citations
    See also Journal Article in Games and Economic Behavior (1995)
79. Relational Investing and Agency Theory
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
80. Sequential Bargaining Mechanisms
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
81. Shrewd Bargaining on the Moral Frontier: Toward a Theory of Morality in Pratice
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
82. Simultaneous Ascending Auctions with Package Bidding
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
83. Strategic Delay in Bargaining with Two-Sided Uncertainty
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
    See also Journal Article in Review of Economic Studies (1992)
84. Strikes and Holdouts in Wage Bargaining: Theory and Data
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
    See also Journal Article in American Economic Review (1992)
85. Synergies in Wireless Telephony: Evidence from the Broadband PCS Auctions
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
    See also Journal Article in Journal of Economics & Management Strategy (1997)
86. The Determinants of U.S. Labor Disputes
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
    Also in Working Papers, Stanford - Hoover Institution (1992) View citations
    See also Journal Article in Journal of Labor Economics (1994)
87. The Distributional Effects of Carbon Regulation: Why Auctioned Carbon Permits are Attractive and Feasible
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
88. The Effect of Collective Bargaining Legislation on Strikes and Wages
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1995)
    See also Journal Article in The Review of Economics and Statistics (1999)
89. The Efficiency of the FCC Spectrum Auctions
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
    See also Journal Article in Journal of Law & Economics (1998)
90. The FCC Spectrum Auctions: An Early Assessment
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
    See also Journal Article in Journal of Economics & Management Strategy (1997)
91. The Use of Replacement Workers in Union Contract Negotiations: The U.S. Experience, 1980-1989
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1995)
    See also Journal Article in Journal of Labor Economics (1998)
92. The optimality of being efficient: designing auctions
    Policy Research Working Paper Series, The World Bank
93. Using Auction Theory to Inform Takeover Regulation
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
    See also Journal Article in Journal of Law, Economics and Organization (1991)
94. Using Auctions to Divest Generation Assets
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations
    See also Journal Article in The Electricity Journal (1997)
95. Wage Bargaining with Time-Varying Threats
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
    See also Journal Article in Journal of Labor Economics (1994)

1997

96. Auction Design Enhancements for Non-Combinatorial Auctions
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
97. Auction Design for Standard Offer Service
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
98. Package Bidding for Spectrum Licenses
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton

Journal Articles

2008

1. Forward reliability markets: Less risk, less market power, more efficiency
   Utilities Policy, 2008, 16, (3), 194-201
   See also Working Paper (2008)

2007

2. Why We Need to Stick with Uniform-Price Auctions in Electricity Markets
   The Electricity Journal, 2007, 20, (1), 26-37 View citations
   See also Working Paper (2007)

2005

3. A Capacity Market that Makes Sense
   The Electricity Journal, 2005, 18, (7), 43-54 View citations
   See also Working Paper (2005)

2004

4. Auctioning Many Divisible Goods
   Journal of the European Economic Association, 2004, 2, (2-3), 480-493 View citations
   See also Working Paper (2004)
5. Vickrey auctions with reserve pricing
   Economic Theory, 2004, 23, (3), 493-505 View citations
   See also Working Paper (1999)

2002

6. Tradeable carbon permit auctions: How and why to auction not grandfather
   Energy Policy, 2002, 30, (4), 333-345 View citations
   See also Working Paper (2002)

2001

7. Uniform Pricing or Pay-as-Bid Pricing: A Dilemma for California and Beyond
   The Electricity Journal, 2001, 14, (6), 70-79 View citations
   See also Working Paper (2001)

2000

8. A Review of Markets for Clean Air: The U.S. Acid Rain Program by A. Denny Ellerman, Paul L. Joskow, Richard Schmalensee, Juan-Pablo Montero, and Elizabeth M. Bailey
   Journal of Economic Literature, 2000, 38, (3), 627-633
9. Collusive Bidding: Lessons from the FCC Spectrum Auctions
   Journal of Regulatory Economics, 2000, 17, (3), 229-52 View citations
   See also Working Paper (1999)

1999

10. The Effect Of Collective Bargaining Legislation On Strikes And Wages
    The Review of Economics and Statistics, 1999, 81, (3), 475-487 View citations
    See also Working Paper (1998)
11. The Role of the ISO in U.S. Electricity Markets: A Review of Restructuring in California and PJM
    The Electricity Journal, 1999, 12, (3), 71-81 View citations
    See also Working Paper (1999)

1998

12. Ascending auctions
    European Economic Review, 1998, 42, (3-5), 745-756 View citations
    See also Working Paper (1998)
13. Efficient Relocation of Spectrum Incumbents
    Journal of Law & Economics, 1998, 41, (2), 647-75 View citations
    See also Working Paper (1998)
14. The Efficiency of the FCC Spectrum Auctions
    Journal of Law & Economics, 1998, 41, (2), 727-36 View citations
    See also Working Paper (1998)
15. The Use of Replacement Workers in Union Contract Negotiations: The U.S. Experience, 1980-1989
    Journal of Labor Economics, 1998, 16, (4), 667-701
    See also Working Paper (1998)

1997

16. Synergies in Wireless Telephony: Evidence from the Broadband PCS Auctions
    Journal of Economics & Management Strategy, 1997, 6, (3), 497-527 View citations
    See also Working Paper (1998)
17. The FCC Spectrum Auctions: An Early Assessment
    Journal of Economics & Management Strategy, 1997, 6, (3), 431-495 View citations
    See also Working Paper (1998)
18. Using auctions to divest generation assets
    The Electricity Journal, 1997, 10, (10), 22-31
    See also Working Paper (1998)

1995

19. Money Out of Thin Air: The Nationwide Narrowband PCS Auction
    Journal of Economics & Management Strategy, 1995, 4, (2), 267-343 View citations
    See also Working Paper (1998)
20. Ratifiable Mechanisms: Learning from Disagreement
    Games and Economic Behavior, 1995, 10, (2), 255-283 View citations
    See also Working Paper (1998)

1994

21. The Determinants of U.S. Labor Disputes
    Journal of Labor Economics, 1994, 12, (2), 180-209 View citations
    See also Working Paper (1998)
22. Wage Bargaining with Time-Varying Threats
    Journal of Labor Economics, 1994, 12, (4), 594-617 View citations
    See also Working Paper (1998)

1992

23. Strategic Delay in Bargaining with Two-Sided Uncertainty
    Review of Economic Studies, 1992, 59, (1), 205-25 View citations
    See also Working Paper (1998)
24. Strikes and Holdouts in Wage Bargaining: Theory and Data
    American Economic Review, 1992, 82, (1), 100-121 View citations
    See also Working Paper (1998)

1991

25. Using Auction Theory to Inform Takeover Regulation
    Journal of Law, Economics and Organization, 1991, 7, (1), 27-53 View citations
    See also Working Paper (1998)

1990

26. Cartel Enforcement with Uncertainty about Costs
    International Economic Review, 1990, 31, (1), 17-47 View citations
    See also Working Paper (1998)

1987

27. Dissolving a Partnership Efficiently
    Econometrica, 1987, 55, (3), 615-32 View citations
    See also Working Paper (1998)

1984

28. Bargaining with Incomplete Information: An Infinite-Horizon Model with Two-Sided Uncertainty
    Review of Economic Studies, 1984, 51, (4), 579-93 View citations
    See also Working Paper (1998)

Edited books

2006

1. Combinatorial Auctions, vol 1
   MIT Press Books, The MIT Press

Chapters

2002

1. Bargaining with incomplete information
   Chapter 50 in Handbook of Game Theory with Economic Applications, 2002, vol. 3, pp 1897-1945 View citations
   See also Working Paper (2001)

Editor

1. Papers of Peter Cramton
   University of Maryland, Department of Economics - Peter Cramton