Better Lucky Than Rich? Welfare Analysis of Automobile Licence Allocations in Beijing and Shanghai

DOI10.1093/RESTUD/RDX067zbMath1405.91276OpenAlexW3126044548MaRDI QIDQ4610470

Shanjun Li

Publication date: 23 January 2019

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1093/restud/rdx067

zbMATH Keywords

auctionallocation efficiencylotteryautomobile externalities

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26) Resource and cost allocation (including fair division, apportionment, etc.) (91B32) Welfare economics (91B15)

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