The AUCTION.ltx Model

Auctioning Classes to Students

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The methodology used in this model is the equilibration method used in the PIES (Project Independence Evaluation System) model developed by the Department of Energy. This model and its later versions were extensively used from 1974 onward to evaluate the effect of various U.S. energy policies.

Keywords:

Marketing | Academia | Auctions | Demand Backlog | Dual Prices | Economic | Equilibrium |