Experimental Market Design and Methodology: The Alaska Gas Pipeline

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Appendix

Efficiencies of randomly allocated capacity

Figure 35 shows a histogram of the efficiency of randomly allocated capacity and Figure 36 shows a histogram of the surplus of randomly allocated capacity. Only allocations where the pipeline was allocated are included. If non-allocations are included, then the histogram has a larger spike at zero and smaller frequencies at the allocated efficiencies.

Figure 35: Histogram of efficiencies for random allocation of capacities in environment SP1.

Figure 36: Histogram of efficiencies for random allocation of capacities in environment SP1.

Figure 37: Histogram of efficiencies for random allocation of capacities in environment Y1 with allocations on AB.

Figure 38: Histogram of efficiencies for random allocation of capacities in environment Y1 with allocations on AC.

Figure 39: Histogram of efficiencies for random allocation of capacities in environment SP2.