Peter Cramton

Peter Cramton

Chairman, Cramton Associates; Professor of Economics, University of Maryland
Joined on November 14, 2012
Total Post Views: 43,345

About
Peter Cramton is Chairman of Cramton Associates and Professor of Economics at the University of Maryland. Since 1983, he has conducted research on auction theory and practice. This research appears in the leading economics journals. The main focus is the design of auctions for many related items. Applications include spectrum auctions, electricity auctions, and treasury auctions. On the practical side, he is Chairman of Market Design Inc., an economics consultancy founded in 1995, focusing on the design of auction markets. He also is Founder and Chairman of Cramton Associates LLC, which since 1993 has provided expert advice on auctions and market design. Since 2001, he has played a lead role in the design and implementation of electricity auctions in France and Belgium, gas auctions in Germany, and the world's first auction for greenhouse gas emissions held in the UK in 2002. He has advised numerous governments on market design and has advised dozens of bidders in high-stake auction markets. Since 1997, he has advised ISO New England on electricity market design and was a lead designer of New England's forward capacity auction. He led the design of electricity and gas markets in Colombia, including the Firm Energy Market, the Forward Energy Market, and the Long-term Gas Market. Since June 2006, he played a leading role in the design and development of Ofcom's spectrum auctions in the UK. He has advised the UK, the US, and Australia on greenhouse gas auction design. He led the development of the FAA's airport slot auctions for the New York City airports. He received his B.S. in Engineering from Cornell University and his Ph.D. in Business from Stanford University.

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Comments

2014 - Jan 28 on Exploring the Various Options of Private gTLD Auctions
2013 - Jan 12 on Rationale for New gTLD Applicant Auctions to Resolve String Contentions
2012 - Nov 15 on Applicant Auction for Top-Level-Domains:? Resolving Contention Fairly, Efficiently & Transparently

Topic Interests

New TLDs ,  ICANN , 

Recent Blogs

More on Private Auctions for New gTLDs

  • Jan 12, 2013
  • Comments: 1
  • Views: 8,881

Rationale for New gTLD Applicant Auctions to Resolve String Contentions

  • Jan 08, 2013
  • Comments: 6
  • Views: 15,581

Making the Most of the Draw: The Applicant Auction Conference

  • Dec 04, 2012
  • Comments: 0
  • Views: 8,713

Applicant Auction for Top-Level-Domains:? Resolving Contention Fairly, Efficiently & Transparently

  • Nov 14, 2012
  • Comments: 1
  • Views: 10,170
View More

Popular Posts

Rationale for New gTLD Applicant Auctions to Resolve String Contentions

  • Jan 08, 2013
  • Comments: 6
  • Views: 15,581

Applicant Auction for Top-Level-Domains:? Resolving Contention Fairly, Efficiently & Transparently

  • Nov 14, 2012
  • Comments: 1
  • Views: 10,170

More on Private Auctions for New gTLDs

  • Jan 12, 2013
  • Comments: 1
  • Views: 8,881

Making the Most of the Draw: The Applicant Auction Conference

  • Dec 04, 2012
  • Comments: 0
  • Views: 8,713