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We model a spectrum auction where firms purchase units to participate in a constrained, multi-product, downstream … market. We use dynamic programming techniques to numerically solve for the optimal bidding strategy in a clock auction. Firms … cost firms may hold up the market, so the auction may be inefficient and generate zero revenue. An auction may be optimal …
Persistent link: https://www.econbiz.de/10014239518
This article argues that new technologies (such as spread spectrum and ultra-wideband) make the idea of divisible allocations of the spectrum obsolete, at least as to some applications. Thus, we should consider regulating the spectrum as a "common pool regime," to use the political science term....
Persistent link: https://www.econbiz.de/10014129022
This article argues that new technologies (such as spread spectrum and ultra-wideband) make the idea of divisible allocations of the spectrum obsolete, at least as to some applications. Thus, we should consider regulating the spectrum as a "common pool regime," to use the political science term....
Persistent link: https://www.econbiz.de/10014131918
allocating spectrum, auction as a method of spectrum allocation is being adopted by increasing number of countries. This paper … makes an attempt to provide an overview of auction as an allocation method for telecom spectrum in India, explaining the … various possible auction formats along with their merits and demerits and also India’s performance in telecom spectrum …
Persistent link: https://www.econbiz.de/10014148255
licences sold were similar. Poor auction designs in some countries facilitated collusion between firms and failed to attract …
Persistent link: https://www.econbiz.de/10014120978
efficiently, the Federal Communications Commission allowed bidders to bid for (predefined) packages of licenses in Auction 73. We … ($19 billion) in Auction 73. Complementarity in a 1 MHz nationwide license is worth $918 million to an average large bidder …
Persistent link: https://www.econbiz.de/10014110711
to ensuring that auction outcomes were in the public interest and promoted broader economic growth, social development … access and service imperatives are too often overlooked in auctions, whilst high auction fees may increase the cost to … communicate. Finally, poor auction design can lead to auction failure and log-term harm to the economy and the sector …
Persistent link: https://www.econbiz.de/10014113720
licences sold were similar. Poor auction designs in some countries facilitated collusion between firms and failed to attract …
Persistent link: https://www.econbiz.de/10014116789
, it analyzes auction theory and its applications to telecommunications. Second, it investigates the important 3G spectrum …. Section III explores auction theory and its applications for the licensing of spectrum. Section IV examines how auctions and … future spectrum allocation processes in Europe. Therefore, this article argues that a single simultaneous ascending auction …
Persistent link: https://www.econbiz.de/10014028753
Persistent link: https://www.econbiz.de/10013350597