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 …

. 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 …