Preferred Bidders' Curse in a Simultaneous Ascending Auction with a Case Study on an Australian Broadband Spectrum Auction
In this paper we try shedding light on the two popular questions on spectrum licensing auctions:  whether any geographical synergies between licences can be detected, and if so, what would be possible alternatives and pros and cons thereof, and  whether the provision of entrants-only licences truly serve to protect new (hence less established) entrants and encourage their participation. Our empirical analysis on  is mixed and inconclusive, leaving some concerns on the broadly adopted auction mechanism that ignores any potential synergistic interlink between geographically adjacent licences. The Australian data also serves to cast a fresh doubt against , which we follow up by a simple theoretical discussion.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
|Date of creation:||2000|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: (01392) 263218
Fax: (01392) 263242
Web page: http://business-school.exeter.ac.uk/about/departments/economics/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:exe:wpaper:0016. 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: (Carlos Cortinhas)
If references are entirely missing, you can add them using this form.