(Ausubel 1997). Bidding behavior in the FCC spectrum auctions illustrates the incentives for demand reduction and the …Auctions typically involve the sale of many related goods. The FCC spectrum auctions and the Treasury debt auctions are … winnings. This incentive creates an inefficiency in multi-unit auctions. Large bidders reduce demand for additional units and …

Spectrum auctions are used by governments to assign and price licenses for wireless communications. The standard …. I analyze the strengths and weaknesses of the approach with examples from US spectrum auctions. I then present a … throughout the clock stage of the auction. Truthful bidding is encouraged, which simplifies bidding and improves efficiency …

-bid auctions. The Vickrey auction and the alternative ascending-bid auction (Ausubel 1996) have important theoretical advantages … for sellers. In a setting without private information, these auctions achieve the maximal revenue as a unique equilibrium …

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 …

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 …

CCA to spectrum auctions have tended to place most or all reliance on a monotonicity condition in eligibility points. This …

We examine bidding behavior in a clock auction in which price is set by the lowest-accepted bid and provisional winners …

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 …

while nurturing the supporting on-shore infrastructure. This paper discusses the design of multi-factor auctions for wind … (2011) on the design of price-only auctions for wind rights. …

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