Partial List of the Economics Literature Related to FCC Auctions

Auctions are used by governments for a variety of purposes. Government debt is managed in many countries by the auctioning of government securities. Foreignexchange auctions are run by many governments, including Jamaica, Bolivia, Nigeria, and Romania. Reforming governments, from the Czech Republic to Mexico, have used auctions to privatize state-owned …rms. Developing countries use auctions in franchising infrastructure projects to private …rms, in sectors such as water, telecommunications, transport, waste disposal, and power. Governments occasionally use auctions to implement policy: for example, in the 1980s the governments of New Zealand and Australia auctioned import quotas as part of a process of trade liberalization, and in 1993 the government of Russia began auctioning licenses for exports and imports.