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Why auction the spectrum?

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  • McMillan, John

Abstract

Of the alternative spectrum allocation methods -- administrative process, lottery, first come first served, and auction -- economic theory, as well as various countries' experiences, show that auctioning works best. As well as raising revenue, an auction assigns licenses to the firms best able to use them. Also the auction can be designed to advance public policy goals such as avoiding monopoly and directing licenses to minority-owned firms.

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Bibliographic Info

Article provided by Elsevier in its journal Telecommunications Policy.

Volume (Year): 19 (1995)
Issue (Month): 3 (April)
Pages: 191-199

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Handle: RePEc:eee:telpol:v:19:y:1995:i:3:p:191-199

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Cited by:
  1. Amlendu Kumar Dubey, 2010. "Initial Allocation of Emissions Permits in the Two-Sided Matching Framework," Journal of Quantitative Economics, The Indian Econometric Society, vol. 8(1), pages 95-104, January.
  2. Jacob K. Goeree & Theo Offerman, 2000. "Competitive Bidding in Auctions with Private and Common Values," Tinbergen Institute Discussion Papers 00-044/1, Tinbergen Institute.
  3. Jacob K. Goeree & Theo Offerman, 2000. "Competitive Bidding in Auctions with Private and Common Values," Tinbergen Institute Discussion Papers 00-044/1, Tinbergen Institute.
  4. Erik Bohlin & Gary Madden & Aaron Morey, 2010. "An Econometric Analysis of 3G Auction Spectrum Valuations," RSCAS Working Papers 2010/55, European University Institute.
  5. Alvin E. Roth & Elliott Peranson, 1999. "The Redesign of the Matching Market for American Physicians: Some Engineering Aspects of Economic Design," NBER Working Papers 6963, National Bureau of Economic Research, Inc.
  6. Vitali Gretschko & Achim Wambach, 2012. "Auctions vs. Negotiations: The Case of Favoritism," CESifo Working Paper Series 4045, CESifo Group Munich.
  7. Peter Cramton, 2002. "Spectrum Auctions," Papers of Peter Cramton 01hte, University of Maryland, Department of Economics - Peter Cramton, revised 16 Jul 2001.
  8. Condorelli, Daniele, 2013. "Market and non-market mechanisms for the optimal allocation of scarce resources," Games and Economic Behavior, Elsevier, vol. 82(C), pages 582-591.
  9. Cramton, Peter C, 1995. "Money Out of Thin Air: The Nationwide Narrowband PCS Auction," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 4(2), pages 267-343, Summer.
  10. Theo Offerman & Jan Potters, 2000. "Does Auctioning of Entry Licenses affect Consumer Prices? An Experimental Study," Tinbergen Institute Discussion Papers 00-046/1, Tinbergen Institute.
  11. Czygan, Marco, 1997. "Wettbewerb bei der Distribution des Fernsehens und Auswirkungen der Digitalisierung," Ilmenau Economics Discussion Papers 13, Ilmenau University of Technology, Institute of Economics.
  12. Theo Offerman & Jan Potters, 2000. "Does Auctioning of Entry Licenses affect Consumer Prices? An Experimental Study," Tinbergen Institute Discussion Papers 00-046/1, Tinbergen Institute.
  13. Damme, E.E.C. van, 1999. "The Dutch DCS-1800 Auction," Discussion Paper 1999-77, Tilburg University, Center for Economic Research.

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