rights were auctioned by FCC in 1994 in the US. Prior to using auctions for spectrum allocation other methods like … administrative process, lottery and first-come-first serve were widely used. Since FCC's auction a number of countries switched to … auctions for spectrum allocation because of there comparative advantages over other methods. This paper critically analysis the …

“sniping” agents that wait until the last moments of an auction to bid (truthfully) on behalf of a human user. These agents … fare well against “naïve” agents (typically assumed to be those who bid incrementally on the most profitable open auction … their surplus (i.e., observed profit) by adopting a “seek-and-protect” agent. If bidders go further and implement sequential-auction …