Dimpfl, Thomas; Reining, Alexander - In: Journal of risk and financial management : JRFM 14 (2021) 6, pp. 1-17
The auctioning of frequency has to comply with a multitude of requirements in order to guarantee a transparent and efficient process. The German Federal Network Agency (Bundesnetzagentur) has opted for a design that provides participants with information on the highest bid after each round for...