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The wireless sector is a key contributor to economic activity and growth. Over the next several years, wireless service providers are expected to invest $25 to $53 billion upgrading and expanding their networks to deploy 4G mobile broadband across the nation. All told, wireless broadband...
Persistent link: https://www.econbiz.de/10014151511
The auction designer has one favorite among bidders and maximizes hisutility by choosing an auction plan, i.e., choosing the auction format conditionalon the favorite's value. I show that the designer can favor one of the bidderseven if favoritism within an auction is not allowed. In this case,...
Persistent link: https://www.econbiz.de/10012853472
Persistent link: https://www.econbiz.de/10009722993
We study the design of auctions for the allocation of essential inputs, such as spectrum rights, transmission capacity or airport landing slots, to firms using these inputs to compete in a downstream market. When welfare matters in addition to auction revenues, there is a tradeoff: provisions...
Persistent link: https://www.econbiz.de/10012960122
The paper analyzes the excess entry hypothesis for sealed-bid first-price public procurement auctions. The hypothesis is proved analytically for any feasible combination of bid preparation cost and bid evaluation cost when the bidders face a rectangular cost density function and confirmed in...
Persistent link: https://www.econbiz.de/10012023925
Satellite communication is integral to Digital India, enabling ubiquitous broadband for the uncovered population and supporting satellite TV, the dominant source of infotainment. An enabling policy environment would help increase the market share of Indian satellite service providers from the...
Persistent link: https://www.econbiz.de/10014313656
This paper investigates regulation by auctions of private supply of congestible infrastructures in two networks settings: 1) two serial facilities, where the consumer has to use both in order to consume; and 2) two parallel facilities that are imperfect substitutes. There are four market...
Persistent link: https://www.econbiz.de/10014166117
In this paper we analyze the extent to which the increased role of allowance auctions after 2012 will influence the effectiveness, efficiency and equity of the Emissions Trading Scheme in the European Union (EU ETS). We argue that more auctioning affects neither the effectiveness nor the...
Persistent link: https://www.econbiz.de/10014195730
During the recent sales of UMTS licenses in Europe some countries used auctions while others resorted to so-called Beauty Contests. There seems to be a wide consensus among economists that in these and other contexts like privatisation an auction is the better selling mechanism. However, why...
Persistent link: https://www.econbiz.de/10011409963
During the recent sales of UMTS licenses in Europe some countries used auctions while others resorted to so-called Beauty Contests. There seems to be a wide consensus among economists that in these and other contexts like privatisation an auction is the better selling mechanism. However, why...
Persistent link: https://www.econbiz.de/10013320511