One aspect of auction design that may need greater attention

Michael Giberson Al Roth at Market Design, once again commenting on bidding in auctions while not intending to pay as a form of protest. (Earlier he posted on a similar tactic in an BLM oil and gas lease auction; here was my earlier post on his earlier post.)  Roth cites the New York Times: article… More One aspect of auction design that may need greater attention

A smart grid is a transactive grid (Part 2 of 5)

Lynne Kiesling One of the hallmarks of smart grid technology is how it enables and reduces the cost of two-way communication. In electricity as in other industries, digital communication technology makes it possible and easy to have two-way communication, and to use that communication capability to automate individual actions. As we have seen throughout society… More A smart grid is a transactive grid (Part 2 of 5)