During the recent sales of UMTS licenses in Europe some countries used auctions while others resorted to so … argument why beauty contests or negotiations might be dominated by auctions, which is closely linked to the multi …

Using data on all FCC auctions of spectrum related to cellular services from 1997 to 2015 we attempt to identify … intrinsic spectrum values from winning auction bids. Our analysis includes 15 auctions and close to 7,200 observations. We add … paired bands. We were surprised that 47 percent of all cellular licenses since 1997 have been won by small bidders: 42 …

Inspired by some spectrum auctions, we consider a stylized license auction with incumbents and one entrant. Whereas the …