Showing 1 - 10 of 126,963
. 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
Persistent link: https://www.econbiz.de/10001618740
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
Persistent link: https://www.econbiz.de/10013443090
Persistent link: https://www.econbiz.de/10003675359
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
refarmed for 4G uses since the late 2013. Likewise, the 2600 MHz frequencies are now considered for 4G auction in late this … bandwidths of digital dividend, the US Federal Communication Commission (FCC) proposed incentive auction in hopes of compensating … delay implies that incentive auction seems theoretically plausible but may not realistically feasible. Therefore, this study …
Persistent link: https://www.econbiz.de/10011526332