What's in the Air: Interlicense Synergies in the Federal Communications Commission's Broadband Personal Communication Service Spectrum Auctions
AbstractIn this article, we analyze the extent of synergies among wireless licenses using information from the first two broadband Personal Communication Service (PCS) spectrum auctions by the Federal Communications Commission (FCC). We use a reduced-form regression of the winning bid for each license on a set of regressors capturing the demographics of the license region, its regulatory environment, the degree of competition for it, and the network synergies among that property and other wireless licenses, both cellular and PCS. In both auctions, the winning bid for a license was higher when the second-to-last bidder had a large national cellular telephone network or when the license was located adjacent to other PCS licenses won by either the winning or second-to-last bidder. We also find strong evidence that the state or states in which a license was located affected bidding, and there is some evidence that these effects are related to state-level wireless regulation. Copyright 1998 by the University of Chicago.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by University of Chicago Press in its journal Journal of Law & Economics.
Volume (Year): 41 (1998)
Issue (Month): 2 (October)
Contact details of provider:
Web page: http://www.journals.uchicago.edu/JLE/
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Patrick Bajari & Jeremy T. Fox, 2005.
"Measuring the Efficiency of an FCC Spectrum Auction,"
NBER Working Papers
11671, National Bureau of Economic Research, Inc.
- Jeremy T. Fox & Patrick Bajari, 2013. "Measuring the Efficiency of an FCC Spectrum Auction," American Economic Journal: Microeconomics, American Economic Association, vol. 5(1), pages 100-146, February.
- Tobias Scheffel & Georg Ziegler & Martin Bichler, 2012. "On the impact of package selection in combinatorial auctions: an experimental study in the context of spectrum auction design," Experimental Economics, Springer, vol. 15(4), pages 667-692, December.
- Dakshina G. De Silva & Anuruddha Kankanamge & Georgia Kosmopoulou, 2005. "The Impact Of Change In Auction Format On Bidding Behavior," Microeconomics 0512009, EconWPA.
- Hong, Han & Shum, Matthew, 2003.
"Econometric models of asymmetric ascending auctions,"
Journal of Econometrics,
Elsevier, vol. 112(2), pages 327-358, February.
- Han Hong & Matthew Shum, 2001. "Econometric Models of Asymmetric Ascending Auctions," Economics Working Paper Archive 453, The Johns Hopkins University,Department of Economics.
- Joshua S. Gans & Stephen P. King & Julian Wright, 2005. "Wireless Communications," Monash Economics Working Papers archive-45, Monash University, Department of Economics.
- Bajari, Patrick & Fox, Jeremy, 2005. "Complementarities and Collusion in an FCC Spectrum Auction," Working paper 293, Regulation2point0.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Journals Division).
If references are entirely missing, you can add them using this form.