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We examine bidding behaviour of individuals and teams in an experimental auction resembling UMTS-license auctions. Even …
Persistent link: https://www.econbiz.de/10009731143
Persistent link: https://www.econbiz.de/10003675359
structure. There is evidence in support of to the quot;overbiddingquot; hypothesis, i.e. license fees determined in auctions …
Persistent link: https://www.econbiz.de/10012711671
We examine bidding behaviour of individuals and teams in an experimental auction resembling UMTS-license auctions. Even …
Persistent link: https://www.econbiz.de/10014223158
The paper discusses the impact of scarcity of frequency spectrum on the performance of the mobile telecommunications industry. An oligopoly model with endogenous sunk costs illustrates the trade off between ex ante extraction of oligopoly rents and market entry of firms. The determination of the...
Persistent link: https://www.econbiz.de/10014144700