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The German UMTS Design: Insights From Multi-Object Auction Theory Author info | Abstract | Publisher info | Download info | Related research | Statistics Ewerhart, Christian
Moldovanu, Benny
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We briefly survey several insights about value and revenue maximization in multi-object auctions and apply them to the German (and Austrian) UMTS auction. In particular, we discuss in detail the exposure problem that caused firms in Germany to pay almost Euro 20 billion for nothing.
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Paper provided by CESifo GmbH in its series CESifo Working Paper Series with number
CESifo Working Paper No. 680.
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Date of creation: 2002Date of revision:
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Find related papers by JEL classification: D43 - Microeconomics - - Market Structure and Pricing - - - Oligopoly and Other Forms of Market Imperfection D44 - Microeconomics - - Market Structure and Pricing - - - Auctions D45 - Microeconomics - - Market Structure and Pricing - - - Rationing; Licensing
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.:
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