Showing 1 - 10 of 245
capita winning bid (per Mhz) values to auction design variables (license award process), national and mobile market …. The analysis reveals that most auction design variables independently impact on realized 3G spectrum auction revenue in a … manner consistent with auction theory. -- Wireless telephone markets ; 3G spectrum auctions ; spectrum bid price …
Persistent link: https://www.econbiz.de/10008669971
The second-generation GSM spectrum auction in Germany is probably the most clear cut example of a low price outcome in … a simultaneous ascending-bid auction.The present paper gives an account of the events, describes the auction rules and …
Persistent link: https://www.econbiz.de/10011399147
This paper gives an account of events, and explains some systematic reasons of the UMTS auction flop in Switzerland … to import some keyingredients of the auction design employed in Germany and Austria. This would have assured higher …
Persistent link: https://www.econbiz.de/10011399586
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 …
Persistent link: https://www.econbiz.de/10011400807
Persistent link: https://www.econbiz.de/10009724816
We examine bidding behaviour of individuals and teams in an experimental auction resembling UMTS-license auctions. Even … relied on individual bidders. Our results show that teams stay on average longer in an (ascending sealed-bid English) auction … winner's curse. The auction's efficiency is nevertheless higher with teams, since the bidders with the highest valuation are …
Persistent link: https://www.econbiz.de/10009731143
Der vorliegende Beitrag analysiert die Vor- und Nachteile alternativer Allokationsmechanismen für das 900- und 1800-MHz-Frequenzspektrum, dessen Nutzungsrechte Ende 2016 auslaufen. Im Wesentlichen bestehen zwei Optionen. Zum einen die Möglichkeit der Verlängerung der aktuellen Nutzungsrechte,...
Persistent link: https://www.econbiz.de/10009720214
. In the preparation of the auction, two designs involving each a hybrid of an English and a sealed-bid auction were … also compare the results to those with a pure English auction. Both hybrids are similar in efficiency, revenue differences … disappear as bidders get experienced. Compared to the discriminatory format, the pure English auction gives new entrants better …
Persistent link: https://www.econbiz.de/10011540075
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 …
Persistent link: https://www.econbiz.de/10009615427
This paper gives an account of events, and explains some systematic reasons of the UMTS auction flop in Switzerland …. Apart from general market developments, which could not have been anticipated, we argue that auction design which was … to import some key ingredients of the auction design employed in Germany and Austria. This would have assured higher …
Persistent link: https://www.econbiz.de/10009614291