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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
the Medicare auctions through collaboration among industry, government, and auction experts. To avoid program failure, the … Medicare auctions must be reformed to take advantage of modern auction methods. The mock auction demonstrates the high …
Persistent link: https://www.econbiz.de/10010575703