Public Policy: Using Market-Based Approaches - Department for ...

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Part IV Case Studies 73
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DTI ECONOMICS PAPER NO.14 Public Po
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DTI ECONOMICS PAPER NO.14 Public Po
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Contents Acknowledgements vi Forewo
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Contents Section 11 Emissions Tradi
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Foreword There is increasing intere
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SECTION 1 Introduction and summary
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Public Policy: Using Market-Based A
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SECTION 2 Using market mechanisms U
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Page 30 and 31: SECTION 3 Lessons for the design an
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Page 40 and 41: SECTION 4 Introduction This part of
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Page 78 and 79: SECTION 8 Framework for assessing m
Page 82 and 83: SECTION 9 Competitive Tendering of
Page 120 and 121: SECTION 10 Choice-Based Letting in
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Part V Annex 169
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contract. In particular, dividing t
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the US Government procurement proce
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allows suppliers to plan more effec
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In a sealed-bid auction, bidders ca
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Section 12 - Issues in the implemen
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Incomplete contracts and optimal co
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Empirical evidence on winner’s cu
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Section 12 - Issues in the implemen
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INCENTIVES Where citizens can exerc
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LOCATION PROBLEMS Emissions trading
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Taxes and subsidies MARKET FAILURES
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SUBSIDIES In some cases, instead of
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References ABARE (1995) Global Clim
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References Domberger et al. (1995).
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References Kohn, R. (1985) ‘A Gen
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References Stigler, G. (1971). ‘T
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