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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 …
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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 …
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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 …
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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 …
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