Showing 131 - 140 of 171,640
competitive market structure than other UMTS auctions in Europe. The present paper explains the design of that auction, and …
Persistent link: https://www.econbiz.de/10011400807
This paper considers bidder behaviour in the United Kingdom s UMTS spectrum auction. Evidence is reviewed which shows that some bidders in this auction did not bid straightforwardly in accordance with fixed valuations of the licenses. We go on to consider more speculative hypotheses about...
Persistent link: https://www.econbiz.de/10011409209
We briefly survey several insights about value and revenue maximization in multi-object auctions and apply them to the German (and Austrian) UMTS auction. In particular, we discuss in detail the exposure problem that caused firms in Germany to pay almost Euro 20 billion for nothing.
Persistent link: https://www.econbiz.de/10011409210
In this paper I review the Dutch UMTS-auction that took place in the summer of 2000 and which, in contrast to the UK and German auctions, was generally considered to be a major flop. I analyse the policy process leading to the auction as well as the bidding behaviour in the auction, and provide...
Persistent link: https://www.econbiz.de/10011409958
During the recent sales of UMTS licenses in Europe some countries used auctions while others resorted to so-called Beauty Contests. There seems to be a wide consensus among economists that in these and other contexts like privatisation an auction is the better selling mechanism. However, why...
Persistent link: https://www.econbiz.de/10011409963
Im November 2000 fand in Österreich die Versteigerung von Frequenzen für die dritte Mobilfunkgeneration (UMTS) statt. Zuvor waren bei den UMTS-Auktionen in Großbritannien und Deutschland die höchsten jemals bei einer Auktion erreichten Erlöse erzielt worden. Nicht zuletzt deshalb rückte...
Persistent link: https://www.econbiz.de/10011922594
Persistent link: https://www.econbiz.de/10011997370
Persistent link: https://www.econbiz.de/10011876970
Persistent link: https://www.econbiz.de/10011876980
Persistent link: https://www.econbiz.de/10011876985