Damme, E. van (Tilburg University, Center for Economic Research)
Abstract
In this paper I review the Dutch UMTS-auction that took place in the summer of 2000 and which, in contrast to the UK and German auctions, was generally considered to be a major flop. I analyse the policy process leading to the auction as well as the bidding behaviour in the auction, and provide an evaluation of both. I demonstrate that the case contains several useful lessons for other auction design problems.
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Paper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number
72.
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Find related papers by JEL classification: D44 - Microeconomics - - Market Structure and Pricing - - - Auctions L96 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Telecommunications
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