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German (and Austrian) UMTS auction. In particular, we discuss in detail the exposure problem that caused firms in Germany to …
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German (and Austrian) UMTS auction. In particular, we discuss in detail the exposure problem that caused firms in Germany to …
Persistent link: https://www.econbiz.de/10001673509
conference. The essays show the interconnectedness of two important and productive areas of modern economics, auction theory and … analysts of telecommunications and the European auction experience, all but one presented at a November 2001 CESifo conference … spectrum auctions. Combining the empirical data these auctions provide with recent advances in microeconomic theory, they …
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. 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 …
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