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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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The literature on patent license auctions in oligopoly assumed that the auctioneer reveals the winning bid and stressed that this gives firms an incentive to bid high in order to signal an aggressive output strategy in a downstream Cournot market game, and conversely bid low to signal...
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that bigger incumbents will acquire more spectrum in auction to preempt after-market competitors. We use novel data from …
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that bigger incumbents will acquire more spectrum in auction to pre-empt after-market competitors. We use novel data from …
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