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Cramton, Peter; McMillan, John; Milgrom, Paul; Miller, … - University of Maryland, Department of Economics - Peter … - 1997

licenses. While these rules have performed well in the auctions conducted so far (and would perform even better with the design … individual-license pricing when licenses are complementary. In simultaneous ascending-price auctions, from a bidder's perspective …

Persistent link: https://www.econbiz.de/10004988763

Simultaneous Ascending Auctions with Package Bidding

Cramton, Peter; McMillan, John; Milgrom, Paul; Miller, … - University of Maryland, Department of Economics - Peter … - 1998

An effective package bidding mechanism addresses three problems: the exposure problem (the risks a bidder faces in trying to construct an efficiently large combination of licenses), the free-rider problem (the difficulties small bidders have in beating those who bid for larger packages of...

Persistent link: https://www.econbiz.de/10004988793

Auction Design Enhancements for Non-Combinatorial Auctions

Cramton, Peter; McMillan, John; Milgrom, Paul; Miller, … - University of Maryland, Department of Economics - Peter … - 1997

We evaluate a number of possible enhancements to the FCC auctions. We consider only changes to the current auction … summarizes and extends our e-mail exchanges with FCC staff on this topic. A subsequent report will cover auctions with … combination bids. Overall, the FCC spectrum auctions have been an enormous success. However, there are two design goals in the …

Persistent link: https://www.econbiz.de/10004988797

The 700 MHz Spectrum Auction: An Opportunity to Protect Competition In a Consolidating Industry

Cramton, Peter; Skrzypacz, Andrzej; Wilson, Robert - University of Maryland, Department of Economics - Peter … - 2007

Persistent link: https://www.econbiz.de/10004997793

Economist Letter to NTIA on 700 MHz Spectrum Auction

Cramton, Peter; Skrzypacz, Andrzej; Wilkie, Simon; … - University of Maryland, Department of Economics - Peter … - 2007

auctions and the impact of various rules on auction revenues. …

Persistent link: https://www.econbiz.de/10004997798

Revenues in the 700 MHz Spectrum Auction

Cramton, Peter; Skrzypacz, Andrzej; Wilson, Robert - University of Maryland, Department of Economics - Peter … - 2007

There have been several comments that criticize auction rules that prevent the two major low-frequency incumbents from winning all of the newly available spectrum and incorporating it into their proprietary networks. Such rules include new-entrant set-asides, new-entrant bidding credits, and the...

Persistent link: https://www.econbiz.de/10004997802

Economic Comments on the Design of the 700 MHz Spectrum Auction

Cramton, Peter; Skrzypacz, Andrzej; Wilson, Robert - University of Maryland, Department of Economics - Peter … - 2007

We comment on the service and auction rules discussed in the Report and Order and Further Notice of Proposed Rule Making, FCC 07-72, 27 April 2007. We recommend that the FCC designate one license for a wholesale operation that provides open access nationwide on nondiscriminatory terms. This is...

Persistent link: https://www.econbiz.de/10004997813

Comments on the FCC’s Proposed Competitive Bidding Procedures for Auction 73

Cramton, Peter; Rosston, Gregory; Skrzypacz, Andrzej; … - University of Maryland, Department of Economics - Peter … - 2007

Persistent link: https://www.econbiz.de/10004997817

Using Spectrum Auctions to Enhance Competition in Wireless Services

Cramton, Peter; Kwerel, Evan; Rosston, Gregory; … - University of Maryland, Department of Economics - Peter … - 2012

Spectrum auctions are used by governments to assign and price licenses for wireless communications. Effective auction …

Persistent link: https://www.econbiz.de/10010575720