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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 events during the crucial phase of that auction, which have puzzled several …
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The first telecommunications spectrum auction in Korea is attention worthy due to the fierce competition for only the 1 … empirically investigates the existence of "winner's curse" in the Korean spectrum auction by using standard event study … of the auction. It implies that there is no winner's curse and the losing firm may actually increase its competitive …
Persistent link: https://www.econbiz.de/10009574044
revenue deficit and thereafter generate revenue surplus. In 2010-2011, unexpectedly high receipts from auction of spectrum in … one-time payment in addition to yearly fees, the cash basis of accounting in India gives a skewed perspective of the …
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. The usual policy practice in this regard is ascending auction that ensures maximization of revenue for the government. The …
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entire country has access to telecommunications services. Most of this money supports telecommunications service in high cost …, Colombia, India, Nepal, and Peru. Not all of the auctions were successful, but they clearly demonstrate that reverse auctions …
Persistent link: https://www.econbiz.de/10014217904
The Telecommunications Act of 1996 requires that telephone service be available in high-cost areas at rates that are …-cost areas at below-cost rates be compensated with explicit and sufficient subsidies. This paper analyzes an auction mechanism … traditional subsidy schemes. It also shows, however, that auction designs aimed at stimulating competition among several …
Persistent link: https://www.econbiz.de/10014035799
. Relative-performance maximisation may have been important, but the outcome of the British auction seems to have been efficient … Auctions" European Economic Review 2002 and "The Biggest Auction Ever: the Sale of the British 3G Telecom Licenses" Economic …
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