The German 4G Spectrum Auction: Design and Behaviour
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چکیده
منابع مشابه
The German 4g Spectrum Auction: Design and Behaviour*
The 2010 German 4G spectrum auction was an unusually large simultaneous ascending multi-band auction. The bidding was competitive and the final assignment was efficient. However, our analysis suggests that independent and rational bidders had an opportunity to coordinate implicitly on a lowrevenue outcome. Coordination was difficult, though, because of a multiplicity of focal points. One import...
متن کاملThe German 4G Spectrum Auction: Design and Behavior
The 2010 German 4G spectrum auction was an unusually large simultaneous ascending multi-band auction. The bidding was competitive, the final assignment was efficient and the revenue was close to expectations. However, our analysis suggests that, theoretically, independent and rational bidders had an opportunity to implicitly coordinate on a low-revenue outcome. Yet, the same analysis suggests t...
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ژورنال
عنوان ژورنال: The Economic Journal
سال: 2017
ISSN: 0013-0133,1468-0297
DOI: 10.1111/ecoj.12406