The original game was just not designed to be expanded (no hooks in the original code) and so a full-game delivery mechanism was the only option.

FORBES: Connect

The idea that significant arbitrage opportunities are unlikely to exist (and certainly do not persist) is precisely the mechanism behind the Black-Scholes option-pricing model that Mr. Derman admires as a financial model behaving pretty well.

WSJ: Book Review: Models Behaving Badly

In recent days, two administration officials have told CNN that the prevailing White House opinion is for the Senate health care bill to include a so-called "trigger" mechanism proposed by Snowe that would bring a public option in the future if thresholds for expanding coverage and lowering costs go unmet in coming years.

CNN: Optional public option enters health care talks

As such, the best financial approach for REDD would be a mechanism with two tracks: a market track serving as a mitigation option for developed countries, and a fund track serving as a mitigation option for developing countries.

ECONOMIST: Letters

Rather, the auction mechanism described in the discussion draft is a way of pretending to take the unlicensed option seriously while stacking the deck against spectrum actually going to unlicensed uses.

FORBES: A GOP Own-Goal on Spectrum Policy