In Grinnell v. Baker (unreported), the court ordered the lands sold at public auction (subject to the Montauk claim), with the proceeds distributed equally among the non-Indian lessees, rather than the Montauk tribe.
The auction is therefore subject to resale.
The county has $3.2 billion of sewer debt in the form of auction rate bonds subject to weekly or monthly resets.
Subjects in the WTP experiment were provided with the same information about the auctioned items as subjects in the respective rewards treatments of the 'public goods' game.
Additionally, we conducted a "practice auction" to further show subjects how the auction works.
After getting fully familiarized with the auction mechanism and procedures, subjects were shown a ham and cheese sandwich packed in a brandless package.
The auction results are still subject to final approval by bankruptcy courts in the United States and Belgium, where the company is based.
Over time the carbon tax should rise – or, better still, be replaced with a more sophisticated economic mechanism based on the auction of carbon permits, subject to a reserve price, as set out in my "Kyoto2" framework.
Economists mostly applauded the move to the auction system, because it subjected prospective licenses to a market test: the F.C.C. no longer had to try to divine who would make the most productive use of the spectrum; the companies that were willing to pay the most at auction would win.
Tell the kids Uncle Doug says hi. Subject: house auction.
