The second-generation GSM spectrum auction in Germany is probably the most clear cut example of a low price outcome in a simultaneous ascending-bid auction.The present paper gives an account of the events, describes the auction rules and market conditions, and provides a theoretical explanation...

The third generation UMTS auction in Germany raised an enormous amount of revenue, and at the same time achieved a more competitive market structure than other UMTS auctions in Europe. The present paper explains the design of that auction, and presents a game theoretic explanation of observed...

Dieses Buch präsentiert die wichtigsten Modelle und Verfahren der Zeitreihenanalyse in einer für Studierende und Anwender leicht zugänglichen Form. Der Schwerpunkt liegt auf dem Zeitbereich; speziell werden explorative Methoden, ARMA-Modellen mit ihren Erweiterungen, Prognosemethoden und...

Beschreibung von Zeitreihen. Stochhastische Prozesse. Spektren statioärer Prozesse. Prognose. Statistische Analyse im Zeitbereich: Schätzen der Momentfunktion. Statistische Analyse im Zeitbereich: Anpassung linearer Prozesse - Inferenz im Frequenzbereich - Nichtlineare Prozesse. Aufgaben....

The present note analyzes the Simultaneous Ascending Bid Auction with arbitrarily many bidders with decreasing marginal valuations under complete information. We show that the game is solvable by iterated elimination of weakly dominated strategies if the efficient allocation assigns at least one...

The third generation UMTS auction in Gremany raised an enormous amount of revenue, and the same time achieved a more competitive market structure than other UMTS auctions in Europe. The present paper explains the design of that auction, and presents a game theoretic explanation of observed...