Demand Revelation and the Provision of Public Goods
The demand revelation process has been called a new and superior process for making social choices and holds some promise of creating an intellectual ... Read More »
The demand revelation process has been called a new and superior process for making social choices and holds some promise of creating an intellectual ... Read More »
Edward Coverdale, a fictional character borrowed from Hawthorne (Blithedale Romance, 1852), discovers the following manuscript sitting alongside. Read more
A Vickrey–Clarke–Groves (VCG) auction of multiple goods is a sealed-bid auction wherein bidders report their valuations for the items. The auction system assigns the items in a socially optimal manner. Read more
A Vickrey–Clarke–Groves (VCG) auction of multiple goods is a sealed-bid auction wherein bidders report their valuations for the items. The auction system assigns the items in a socially optimal manner. Read more
Ed Clarke is currently a Senior Economist with the Offi ce of Management and Budget, (Offi ce of Information and Regulatory Affairs) involved in transportation regulatory affairs. He is a graduate of Princeton University and the University of Chicago, where he received a MBA and a PhD (1978). He has worked in public policy at the city/regional (Chicago), State, Federal and international levels. Ed has been a Federal government economist for 27 years. Read more