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 … bidding credits. Increased spectral efficiency appears to be reducing spectrum scarcity as evidenced by its lowering of …

We study entry and bidding patterns in sealed bid and open auctions with heterogeneous bidders. Using data from U ….S. Forest Service timber auctions, we document a set of systematic effects of auction format: sealed bid auctions attract more … extends the theory of private value auctions with heterogeneous bidders to capture participation decisions, that can account …