Comment on "Multi-Object Auctions: Sequential vs. Simultaneous Sales"

Michael H. Rothkopf, Elmer Dougherty and Marshall Rose
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Michael H. Rothkopf: Energy Analysis Program, Lawrence Berkeley Laboratory, Berkeley, California 94720
Elmer Dougherty: University of Southern California, Los Angeles, California 90007
Marshall Rose: Minerals Management Service, Department of the Interior, Reston, Virginia 22901

Management Science, 1986, vol. 32, issue 12, 1611-1612

Abstract: The purpose of this brief comment is to provide some empirical data to support the relevance of the theoretical arguments put forward in Donald Hausch's paper (Hausch, Donald B. 1986. Multi-object auctions: sequential vs. simultaneous sales. Management Sci. 32.). There are two different kinds of evidence. One is the results of a small "natural experiment" that occurred in 1965. The other is the first-hand report by one of us of the considerations taken into account in the design of outer continental shelf (OCS) oil auctions.

Date: 1986
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