Showing 1 - 10 of 122
The Federal Communications Commission (FCC) spectrum auctions use a simultaneous ascending auction design. Bidders bid … mitigate collusive bidding in the spectrum auctions, and then apply these ideas to the design of daily electricity auctions. …
Persistent link: https://www.econbiz.de/10004988751
This paper describes the signaling that occurred in many of the FCC spectrum auctions. The FCC's simultaneous ascending … auctions allowed bidders to bid on numerous communication licenses simultaneously, with bidding remaining open on all licenses …
Persistent link: https://www.econbiz.de/10004988795
We analyze a model of coalitional bidding in which coalitions form endogenously and compete with each other. Since the nature of this competition influences the way in which agents organize themselves into coalitions, our main aim is to characterize the equilibrium coalition structure and the...
Persistent link: https://www.econbiz.de/10005753268
Most of the literature on collusive behavior in auctions ignores two important issues that make collusion difficult to … auctions where one bidder offers another bidder a side payment in exchange for not participating in the auction, while the … number of other bidders is stochastic. In spite of the barriers to collusion mentioned above, a simple side payment mechanism …
Persistent link: https://www.econbiz.de/10005753320
This paper studies sequential auctions of licences to participate in a symmetric market game. Assuming that the rate at …
Persistent link: https://www.econbiz.de/10005370851
A proposed auction design for incentive auctions is given. The two-sided auctions enable the exchange of spectrum from …
Persistent link: https://www.econbiz.de/10010878412
Persistent link: https://www.econbiz.de/10010878413
while nurturing the supporting on-shore infrastructure. This paper discusses the design of auctions for wind rights in which … price is the sole factor of competition. A second paper, Ausubel and Cramton (2011), extends the analysis to auctions in …
Persistent link: https://www.econbiz.de/10010575700
The present invention primarily concerns hybrid auctions that may, for example, combine a clock auction with a proxy … auction. Hybrid auctions include multi-item auctions that comprise at least two phases of package auctions: an earlier phase …
Persistent link: https://www.econbiz.de/10010575701
CCA to spectrum auctions have tended to place most or all reliance on a monotonicity condition in eligibility points. This …
Persistent link: https://www.econbiz.de/10010575702