This paper employs analytical methods to evaluate the ability of three different auction mechanisms to determine the …' spectrum, in which multiple users are able to share spectrum on an open access basis. For each auction, we examine bidder … incentives and provide detailed reports on both auction revenue and bidder surplus in a set of Nash equilibrium outcomes …

"incentive auction," it should be guided by economic principles designed to maximize social benefits. To date, the spectrum …

price auction. There are at least three potential bidders in the market which differ in their willingness to pay for the … auction and obtains the license. In stage 2, it purchases inputs required for producing the particular service which is then …

changes make the actions of bidders less visible during the auction and also limit the set of bids which can be submitted by a … bidder during a particular round. Economic theory suggests that tacit collusion may be more difficult as a result. We examine … this proposition using data from 4 auctions: the PCS C Block, Auction 35, the Advanced Wireless Service auction and the 700 …