Tommaso, Valletti; Andrea, Prat - In: Mercato Concorrenza Regole (2000) 3, pp. 565-582
Economic theory, as well as various countries' experiences, show that auctioning the spectrum works better than other allocation methods, such as beauty contests. As well as raising revenues, a well-designed auction assigns licences to the operators best able to use them. Auctions can also be...