Edward Clarke passed away October 10, 2013

Ed's memorial service will be held on Nov. 1st at noon at the Inter-Faith Chapel in Silver Spring, MD. Please contact the family for further details.

The demand revelation process has been called a new and superior process for making social choices and holds some promise of creating an intellectual revolution in economics and politics. Read More »

Confessions of a Geoist

Edward Coverdale, a fictional character borrowed from Hawthorne (Blithedale Romance, 1852), discovers the following manuscript sitting alongside. Read more

About the VCG Mechanism

A Vickrey–Clarke–Groves (VCG) auction of multiple goods is a sealed-bid auction wherein bidders report their valuations for the items. The auction system assigns the items in a socially optimal manner. Read more

Public Goods

A Vickrey–Clarke–Groves (VCG) auction of multiple goods is a sealed-bid auction wherein bidders report their valuations for the items. The auction system assigns the items in a socially optimal manner. Read more

About Edward

Edward Clarke was a Senior Economist with the Office of Management and Budget, (Office of Information and Regulatory Affairs) involved in transportation regulatory affairs. He is a graduate of Princeton University and the University of Chicago, where he received a MBA and a Ph.D (1978). He worked in public policy at the city/regional (Chicago), State, Federal and international levels. Ed had been a Federal government economist for 27 years. Read more