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Bids For The Umts System: An Empirical Evaluation Of The Italian Case

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P.L. Scandizzo
M. Ventura

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Abstract

This article surveys the main economic and technical features of the UMTS system. Once defined the general legal scheme in which European countries operate, the article focuses on the Italian case, analysing the legal background regulating the license assignment, and providing an empirical evaluation of the bid held in November 2000. Applying a theoretical model, we highlight and estimate some of the key variables of the problem, such as the parties' bargaining power, the maximum willingness to pay, the optimal time length of the concession.

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Paper provided by Tor Vergata University, CEIS in its series Departmental Working Papers with number 185.

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Date of creation: Jan 2003
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Handle: RePEc:rtv:ceiswp:185

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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.:
  1. McAfee, R Preston & McMillan, John, 1987. "Auctions and Bidding," Journal of Economic Literature, American Economic Association, vol. 25(2), pages 699-738, June. [Downloadable!] (restricted)
  2. Paul Klemperer, 2004. "Auctions: Theory and Practice," Economics Papers 2004-W09, Economics Group, Nuffield College, University of Oxford. [Downloadable!]
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  3. van Damme, Eric, 2002. "The European UMTS-auctions," European Economic Review, Elsevier, vol. 46(4-5), pages 846-858, May. [Downloadable!] (restricted)
  4. Odin K. Knudsen & Pasquale L. Scandizzo, 2006. "Bringing Social Standards into Project Evaluation Under Dynamic Uncertainty," CEIS Research Paper 87, Tor Vergata University, CEIS.
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  5. Damme, E. van, 2002. "The European UMTS-auctions," Discussion Paper 100, Tilburg University, Center for Economic Research. [Downloadable!]
  6. Klemperer, P., 1999. "Auction Theory: a Guide to the Literature," Economics Papers 1999-w12, Economics Group, Nuffield College, University of Oxford.
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  7. Peter Cramton, 1998. "Ascending Auctions," Papers of Peter Cramton 98eer, University of Maryland, Department of Economics - Peter Cramton, revised 28 Jul 1998. [Downloadable!]
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(explanations, 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.)

  1. Pasquale L. Scandizzo & Marco Ventura, 2008. "A model of public and private partnership through concession contracts," ISAE Working Papers 104, ISAE - Institute for Studies and Economic Analyses - (Rome, ITALY). [Downloadable!]
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