Allocating vehicle registration permits

We compare social welfare, consumer surplus and profits in two different institutional settings in which an item whose quantity is fixed and controlled (vehicle registration permit) is allocated to the buyers of a complementary good (car). In the first setting, which resembles the way in which vehic...

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Bibliographic Details
Main Authors: LANDI, Massimiliano, MENICUCCI, Domenico
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2024
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research/2740
https://ink.library.smu.edu.sg/context/soe_research/article/3739/viewcontent/AllocatingVRP_av.pdf
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Institution: Singapore Management University
Language: English