Grimm, Veronika; Riedel, Frank; Wolfstetter, Elmar - In: IFO-Studien : Zeitschrift für empirische … 48 (2002) 1, pp. 123-143
The third generation UMTS auction in Gremany raised an enormous amount of revenue, and 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 …
