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Auction Design and Tacit Collusion in FCC Spectrum Auctions

Bajari, Patrick - 2008

The Federal Communications Commission (FCC) has used auctions to award spectrum since 1994. During this time period, the FCC has experimented with a variety of auctions rules including click box bidding and anonymous bidding. These rule changes make the actions of bidders less visible during the...

Persistent link: https://www.econbiz.de/10012464206

Measuring the Efficiency of an FCC Spectrum Auction

Bajari, Patrick - 2005

FCC spectrum auctions sell licenses to provide mobile phone service in designated geographic territories. We propose a method to structurally estimate the deterministic component of bidder valuations and apply it to the 1995-1996 C-block auction. We base our estimation of bidder values on a...

Persistent link: https://www.econbiz.de/10012467005

Ownership Concentration and Strategic Supply Reduction

Doraszelski, Ulrich - 2017

We explore the sensitivity of the U.S. government's ongoing incentive auction to multi-license ownership by … broadcasters. We document significant broadcast TV license purchases by private equity firms prior to the auction and perform a … prospective analysis of the effect of ownership concentration on auction outcomes. We find that multi-license holders are able to …

Persistent link: https://www.econbiz.de/10012455646

The Simple Economics of Open Source

Lerner, Josh - 2000

There has been a recent surge of interest in open source software development, which involves developers at many different locations and organizations sharing code to develop and refine programs. To an economist, the behavior of individual programmers and commercial companies engaged in open...

Persistent link: https://www.econbiz.de/10012471170