Market Design
NERA advises on the design of markets, such as on-line auctions and trading systems, that facilitate more efficient interaction between buyers and sellers. We utilize advances in information technology and internet connectivity, combined with insights from auction and game theory, to provide innovative market-based approaches that can improve upon administrative procedures or negotiations.
In particular, we assist:
- Governments seeking market-based solutions in regulated markets;
- Companies that tender for goods and services;
- Sellers that require trading platforms to extend market reach and improve pricing transparency; and
- Any party engaged in regulatory and competition disputes involving auctions, tenders, procurement, and bidding processes.
Our expertise in designing markets can be allied with NERA's in-depth experience in numerous sectors and applied to any industry.
