The Fcc Rules for the 700mhz Auction: a Potential Disaster
نویسنده
چکیده
In July 2000 the FCC issued the rules to govern the upcoming 700MHz auction. The rules are a departure from the auction architectures previously used by the FCC. Rather than all bidding only on individual licenses, the auction participants will be able to bid on combinations or packages of licenses. Several combinatorial auction processes exist in the literature and testing demonstrates that such processes have a potential for substantially increasing the efficiency of the auction. While combinatorial auction systems have been studied in various forms, indeed a particular auction architecture was developed and studied extensively for the FCC, the rules that emerged from the FCC deliberations are unlike any that have ever been implemented before.
منابع مشابه
Division of the Humanities and Social Sciences California Institute of Technology Pasadena, California 91125 the Fcc Rules for the 700mhz Auction: a Potential Disaster
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