IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this paper or follow this series

Mutually Destructive Bidding: The FCC Auction Design Problem

  • Bykowsky, Mark M.
  • Cull, Robert J.
  • Ledyard, John O.

In general, synergies across license valuations complicate the auction design process. Theory suggests that a "simple" (i.e., non-combinatorial) auction will have difficulty in assigning licenses efficiently in such an environment. This difficulty increases with increases in "fitting complexity." In some environments, bidding may become "mutually destructive." Experiments indicate that a properly designed combinatorial auction is superior to a simple auction in terms of economic efficiency and revenue generation in bidding environments with a low amount of fitting complexity. Concerns that a combinatorial auction will cause a "threshold" problem are not borne out when bidders for small packages can communicate. Copyright 2000 by Kluwer Academic Publishers

(This abstract was borrowed from another version of this item.)

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.hss.caltech.edu/SSPapers/sswp916c.pdf
Our checks indicate that this address may not be valid because: 404 Not Found. If this is indeed the case, please notify (Victoria Mason)


Download Restriction: no

Paper provided by California Institute of Technology, Division of the Humanities and Social Sciences in its series Working Papers with number 916.

as
in new window

Length:
Date of creation: Jun 1998
Date of revision:
Publication status: Published: Published in Journal of Regulatory Economics, V. 17, #3, 2000, pg. 205-228
Handle: RePEc:clt:sswopa:916
Contact details of provider: Postal: Working Paper Assistant, Division of the Humanities and Social Sciences, 228-77, Caltech, Pasadena CA 91125
Phone: 626 395-4065
Fax: 626 405-9841
Web page: http://www.hss.caltech.edu/ssEmail:

Order Information: Postal: Working Paper Assistant, Division of the Humanities and Social Sciences, 228-77, Caltech, Pasadena CA 91125
Email:


No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:clt:sswopa:916. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Victoria Mason)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.