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Revenues in the 700 MHz Spectrum Auction

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Abstract

There have been several comments that criticize auction rules that prevent the two major low-frequency incumbents from winning all of the newly available spectrum and incorporating it into their proprietary networks. Such rules include new-entrant set-asides, new-entrant bidding credits, and the open access plan. We disagree with these criticisms and argue that given the current market structure, such rules are likely to improve welfare and auction revenues. We are submitting this report to provide sound economic analysis of these claims.

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File URL: http://www.cramton.umd.edu/papers2005-2009/cramton-skrzypacz-wilson-e-block-plan-increases-revenues.pdf
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Bibliographic Info

Paper provided by University of Maryland, Department of Economics - Peter Cramton in its series Papers of Peter Cramton with number 07rev700.

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Length: 21 pages
Date of creation: 2007
Date of revision: 2007
Publication status: Published in Working Paper, University of Maryland, 27 June 2007
Handle: RePEc:pcc:pccumd:07rev700

Contact details of provider:
Postal: Economics Department, University of Maryland, College Park, MD 20742-7211
Phone: (202) 318-0520
Fax: (202) 318-0520
Web page: http://www.cramton.umd.edu

Related research

Keywords: Auctions; spectrum auctions; market design;

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References

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  22. Tilman Boergers & Christian Dustmann, 2002. "Rationalizing the UMTS Spectrum Bids: the Case of the UK Auction," CESifo Working Paper Series 679, CESifo Group Munich.
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