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The Biggest Auction Ever: the Sale of the British 3G Telecom Licenses

Citations

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Cited by:

  1. Yuya Wakabayashi & Ryosuke Sakai & Shigehiro Serizawa, 2022. "A Characterization of the Minimum Price Walrasian Rule with Reserve Prices for an Arbitrary Number of Agents and Objects," ISER Discussion Paper 1161, Institute of Social and Economic Research, The University of Osaka.
  2. Bernhard Kasberger & Karl H. Schlag, 2017. "Robust Bidding in First-Price Auctions: How to Bid without Knowing what Otheres are Doing," Vienna Economics Papers 1707, University of Vienna, Department of Economics.
  3. Alex Voorhoeve, 2022. "The Pleasures of Tranquillity," Homo Oeconomicus: Journal of Behavioral and Institutional Economics, Springer, vol. 39(2), pages 185-197, December.
  4. Shefrin, Hersh, 2002. "Behavioral decision making, forecasting, game theory, and role-play," International Journal of Forecasting, Elsevier, vol. 18(3), pages 375-382.
  5. Bernhard Kasberger & Karl H. Schlag, 2024. "Robust Bidding in First-Price Auctions: How to Bid Without Knowing What Others Are Doing," Management Science, INFORMS, vol. 70(7), pages 4219-4235, July.
  6. Klemperer, Paul, 2002. "How (not) to run auctions: The European 3G telecom auctions," European Economic Review, Elsevier, vol. 46(4-5), pages 829-845, May.
  7. Sinha, Pankaj & Gupta, Akshay, 2011. "Analysis of WIMAX/BWA Licensing in India: A real option approach," MPRA Paper 31280, University Library of Munich, Germany.
  8. Philippe Jehiel & Laurent Lamy, 2020. "On the Benefits of Set-Asides," Journal of the European Economic Association, European Economic Association, vol. 18(4), pages 1655-1696.
  9. Ingebretsen Carlson, Jim, 2015. "An Approximate Auction," Working Papers 2015:19, Lund University, Department of Economics.
  10. SaÄŸlam, YiÄŸit & Ho, Phuong & Daglish, Toby, 2012. "Auctioning the Digital Dividend: a Model for Spectrum," Working Paper Series 4129, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
  11. Hans‐Theo Normann & Roberto Ricciuti, 2009. "Laboratory Experiments For Economic Policy Making," Journal of Economic Surveys, Wiley Blackwell, vol. 23(3), pages 407-432, July.
  12. Duke, Charlotte & Gangadharan, Lata, 2008. "Salinity in water markets: An experimental investigation of the Sunraysia Salinity Levy in Australia," Ecological Economics, Elsevier, vol. 68(1-2), pages 486-503, December.
  13. Kaplan, Todd R. & Zamir, Shmuel, 2015. "Advances in Auctions," Handbook of Game Theory with Economic Applications,, Elsevier.
  14. de Frutos, M.A. & Jarque, X., 2007. "Auctions with asymmetric common-values: The first-price format," Journal of Mathematical Economics, Elsevier, vol. 43(7-8), pages 795-817, September.
  15. Hongjun Zhong, 2002. "postbid market interaction and auction choice," Microeconomics 0210002, University Library of Munich, Germany.
  16. David Hendry, 2010. "Climate Change: Lessons for our Future from the Distant Past," Economics Series Working Papers 485, University of Oxford, Department of Economics.
  17. Klemperer, Paul, 2002. "Some Observations on the British and German 3G Telecom Auctions," CEPR Discussion Papers 3605, Centre for Economic Policy Research.
  18. Burtraw, Dallas & Palmer, Karen, 2006. "Summary of the Workshop to Support Implementing the Minimum 25 Percent Public Benefit Allocation in the Regional Greenhouse Gas Initiative," RFF Working Paper Series dp-06-45, Resources for the Future.
  19. Joshua S. Gans & Stephen P. King & Julian Wright, 2005. "Wireless Communications," Monash Economics Working Papers archive-45, Monash University, Department of Economics.
  20. Janssen, Maarten C.W. & Karamychev, Vladimir A. & Maasland, Emiel, 2011. "Auctions with flexible entry fees: A note," Games and Economic Behavior, Elsevier, vol. 72(2), pages 594-601, June.
  21. Tomoya Kazumura & Debasis Mishra & Shigehiro Serizawa, 2026. "Equity in auction design with unit-demand agents and non-quasilinear preferences," ISER Discussion Paper 1304, Institute of Social and Economic Research, The University of Osaka.
  22. Ingebretsen Carlson, Jim, 2016. "An Auction with Approximated Bidder Preferences - When an Auction has to be Quick," Working Papers 2016:12, Lund University, Department of Economics.
  23. Zaber, Moinul & Sirbu, Marvin, 2012. "Impact of spectrum management policy on the penetration of 3G technology," Telecommunications Policy, Elsevier, vol. 36(9), pages 762-782.
  24. Blumrosen, Liad & Solan, Eilon, 2023. "Selling spectrum in the presence of shared networks: The case of the Israeli 5G auction," Telecommunications Policy, Elsevier, vol. 47(2).
  25. Goodridge, PR & Haskel, J & Wallis, G, 2014. "The "C" in ICT: communications capital, spillovers and UK growth," Working Papers 18382, Imperial College, London, Imperial College Business School.
  26. Thomas W. Hazlett & Roberto E. Muñoz, 2009. "A welfare analysis of spectrum allocation policies," RAND Journal of Economics, RAND Corporation, vol. 40(3), pages 424-454, September.
  27. Grigorios Asimakopoulos & Evita Paraskevopoulou, 2026. "Incumbents’ adaptation in institutionally induced transitions: entry timing, institutional experience and performance," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 53(1), pages 143-166, March.
  28. Tomoya Kazumura & Debasis Mishra & Shigehiro Serizawa, 2017. "Strategy-proof multi-object allocation: Ex-post revenue maximization with no wastage," Working Papers e116, Tokyo Center for Economic Research.
  29. Ehrhart, Karl-Martin & Ott, Marion, 2003. "Auctions, Information, and New Technologies," Sonderforschungsbereich 504 Publications 04-05, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
  30. Mark Thatcher, 2007. "Regulatory Agencies, the State and Markets: A Franco-British Comparison," RSCAS Working Papers 2007/17, European University Institute.
  31. Hernando-Veciana, Angel & Michelucci, Fabio, 2018. "Inefficient rushes in auctions," Theoretical Economics, Econometric Society, vol. 13(1), January.
  32. Koessler, Frédéric & Lambert-Mogiliansky, Ariane, 2013. "Committing to transparency to resist corruption," Journal of Development Economics, Elsevier, vol. 100(1), pages 117-126.
  33. Charles J. Thomas, 2021. "Profitable Horizontal Mergers Without Efficiencies Can Increase Consumer Surplus," Journal of Industrial Economics, Wiley Blackwell, vol. 69(3), pages 730-741, September.
  34. Last Name, First Name, 2009. "Distributional Impacts of Carbon Pricing Policies in the Electricity Sector," RFF Working Paper Series dp-09-43, Resources for the Future.
  35. Peter Cramton & Andrzej Skrzypacz & Robert Wilson, 2007. "Revenues in the 700 MHz Spectrum Auction," Papers of Peter Cramton 07rev700, University of Maryland, Department of Economics - Peter Cramton, revised 2007.
  36. Doğan, Battal & Imamura, Kenzo & Yenmez, M. Bumin, 2025. "Market design with deferred acceptance: A recipe for characterizations," Journal of Economic Theory, Elsevier, vol. 228(C).
  37. Marco Pagnozzi, 2007. "Bidding to lose? Auctions with resale," RAND Journal of Economics, RAND Corporation, vol. 38(4), pages 1090-1112, December.
  38. Battal Dou{g}an & Kenzo Imamura & M. Bumin Yenmez, 2022. "Market Design with Deferred Acceptance: A Recipe for Policymaking," Papers 2209.06777, arXiv.org.
  39. Simon Loertscher & Leslie M. Marx & Tom Wilkening, 2015. "A Long Way Coming: Designing Centralized Markets with Privately Informed Buyers and Sellers," Journal of Economic Literature, American Economic Association, vol. 53(4), pages 857-897, December.
  40. Paul Klemperer, 2018. "Product-Mix Auction," Economics Papers 2018-W07, Economics Group, Nuffield College, University of Oxford.
  41. Dallas Burtraw & Samantha Sekar, 2014. "Two world views on carbon revenues," Journal of Environmental Studies and Sciences, Springer;Association of Environmental Studies and Sciences, vol. 4(1), pages 110-120, March.
  42. Aadhaar Chaturvedi & Victor Martínez-de-Albéniz, 2011. "Optimal Procurement Design in the Presence of Supply Risk," Manufacturing & Service Operations Management, INFORMS, vol. 13(2), pages 227-243, May.
  43. Ganuza, Juan José & Viecens, María Fernanda, 2011. "Deployment of high-speed broadband infrastructures during the economic crisis. The case of Xarxa Oberta," Telecommunications Policy, Elsevier, vol. 35(9), pages 857-870.
  44. Juan Pablo Pinasco & Nicolas Saintier & Martin Kind, 2024. "Learning, Mean Field Approximations, and Phase Transitions in Auction Models," Dynamic Games and Applications, Springer, vol. 14(2), pages 396-427, May.
  45. Maarten C.W. Janssen & Vladimir A. Karamychev, 2005. "Auctions, Market Prices and the Risk Attitude Effect," Tinbergen Institute Discussion Papers 05-025/1, Tinbergen Institute.
  46. Haoran He & Yefeng Chen, 2021. "Auction mechanisms for allocating subsidies for carbon emissions reduction: an experimental investigation," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 57(2), pages 387-430, August.
  47. Gorecki, Paul K. & Lyons, Sean & Tol, Richard S.J., 2011. "Public policy towards the sale of state assets in troubled times: Lessons from the Irish experience," Utilities Policy, Elsevier, vol. 19(3), pages 193-201.
  48. Maasland, E., 2012. "Essays in auction theory," Other publications TiSEM 66fdb7ea-36e1-40d6-b6fd-c, Tilburg University, School of Economics and Management.
  49. W. Tom Whalen & Dennis W. Carlton & Ken Heyer & Oliver Richard, 2007. "Proposal For A Market-Based Solution to Airport Delays," EAG Competition Advocacy Papers 200714, Department of Justice, Antitrust Division.
  50. Gorecki, Paul, 2019. "Reforming the Regulation of Household Waste Collection Services in Ireland: the Competition and Consumer Protection Commission Study," MPRA Paper 95000, University Library of Munich, Germany.
  51. Pasquale L. Scandizzo & Marco Ventura, 2008. "A model of public and private partnership through concession contracts," ISAE Working Papers 104, ISTAT - Italian National Institute of Statistics - (Rome, ITALY).
  52. Seungwon (Eugene) Jeong, 2025. "Reserve Price (In)equivalence: Shill Bidding to Lower the Reserve Price," Bulletin of Economic Research, Wiley Blackwell, vol. 77(2), pages 121-127, April.
  53. C. Duke & L. Gangadharan, 2005. "Salinity in Water Markets : An ExperimentalInvestigation of the Sunraysia Salinity Levy, Victoria," Department of Economics - Working Papers Series 950, The University of Melbourne.
  54. Kazumura, Tomoya & Mishra, Debasis & Serizawa, Shigehiro, 2020. "Strategy-proof multi-object mechanism design: Ex-post revenue maximization with non-quasilinear preferences," Journal of Economic Theory, Elsevier, vol. 188(C).
  55. Carlos Costa, 2012. "On the Use of Reverse Auctions to Designate Universal Postal Service Providers," Chapters, in: Michael A. Crew & Paul R. Kleindorfer (ed.), Multi-Modal Competition and the Future of Mail, chapter 21, Edward Elgar Publishing.
  56. John Hoven, 2007. "Anticompetitive Restraints on Public Charter Schools," EAG Competition Advocacy Papers 200711, Department of Justice, Antitrust Division.
  57. Thomas Greve & Michael G. Pollitt, 2013. "Network Procurement Auctions," Working Papers EPRG 1324, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
  58. Wang, Baixue & Duan, Maosheng, 2022. "Consignment auctions of emissions trading systems: An agent-based approach based on China’s practice," Energy Economics, Elsevier, vol. 112(C).
  59. Pierre Koning & S. Onderstal, 2004. "Auctioning incentive contracts; application to welfare-to-work programs," CPB Discussion Paper 38, CPB Netherlands Bureau for Economic Policy Analysis.
  60. Ana C. Santos, 2011. "Experimental Economics," Chapters, in: John B. Davis & D. Wade Hands (ed.), The Elgar Companion to Recent Economic Methodology, chapter 3, Edward Elgar Publishing.
  61. Sergei Izmalkov, 2004. "Multi-Unit Open Ascending Price Efficient Auction," Working Papers 2004.91, Fondazione Eni Enrico Mattei.
  62. Paul K Gorecki, 2020. "Household Waste Policy in Ireland: Options for Competition, Environment and Regulation," The Economic and Social Review, Economic and Social Studies, vol. 51(2), pages 305-326.
  63. IKEDA Nobuo & Lixin YE, 2002. "Spectrum Buyouts:A Mechanism to Open Spectrum(revised December 2003)," Discussion papers 02002, Research Institute of Economy, Trade and Industry (RIETI).
  64. Mougeot Michel & Schwartz Sonia, 2018. "A Discriminatory Mechanism to Reduce Urban Congestion," German Economic Review, De Gruyter, vol. 19(2), pages 190-208, May.
  65. Park, Minsoo & Lee, Sang-Woo & Choi, Yong-Jae, 2011. "Does spectrum auctioning harm consumers? Lessons from 3G licensing," Information Economics and Policy, Elsevier, vol. 23(1), pages 118-126, March.
  66. Ansari, Shahzad & Garud, Raghu, 2009. "Inter-generational transitions in socio-technical systems: The case of mobile communications," Research Policy, Elsevier, vol. 38(2), pages 382-392, March.
  67. Batlle, Carlos & Vazquez, Carlos & Rivier, Michel & Perez-Arriaga, Ignacio J., 2007. "Enhancing power supply adequacy in Spain: Migrating from capacity payments to reliability options," Energy Policy, Elsevier, vol. 35(9), pages 4545-4554, September.
  68. Zhou, Yu & Serizawa, Shigehiro, 2018. "Strategy-proofness and efficiency for non-quasi-linear and common-tiered-object preferences: Characterization of minimum price rule," Games and Economic Behavior, Elsevier, vol. 109(C), pages 327-363.
  69. Maarten Janssen & Vladimir A. Karamychev & Emiel Maasland, 2009. "Auctions with Flexible Entry Fees," Tinbergen Institute Discussion Papers 09-109/1, Tinbergen Institute.
  70. Charles A. Holt & William Shobe & Dallas Burtraw & Karen Palmer & Jacob K. Goeree, 2007. "Auction Design for Selling CO2 Emission Allowances Under the Regional Greenhouse Gas Initiative," Reports 2007-03, Center for Economic and Policy Studies.
  71. Ulrike Malmendier & Young Han Lee, 2011. "The Bidder's Curse," American Economic Review, American Economic Association, vol. 101(2), pages 749-787, April.
  72. Estrella Alonso & Joaquín Sánchez-Soriano & Juan Tejada, 2020. "Mixed Mechanisms for Auctioning Ranked Items," Mathematics, MDPI, vol. 8(12), pages 1-26, December.
  73. Menezes, Flavio M. & Monteiro, Paulo K., 2004. "Auctions with synergies and asymmetric buyers," Economics Letters, Elsevier, vol. 85(2), pages 287-294, November.
  74. Zhou, Yu & Serizawa, Shigehiro, 2023. "Multi-object auction design beyond quasi-linearity: Leading examples," Games and Economic Behavior, Elsevier, vol. 140(C), pages 210-228.
  75. Bernard Caillaud & Jacques Robert, 2003. "Implementing the Optimal Auction," CIRANO Working Papers 2003s-31, CIRANO.
  76. Paul Klemperer, 2010. "The Product-Mix Auction: A New Auction Design for Differentiated Goods," Journal of the European Economic Association, MIT Press, vol. 8(2-3), pages 526-536, 04-05.
  77. McCarthy, Colm, 2003. "Political Corruption in Ireland: Policy Design as a Countermeasure," Quarterly Economic Commentary: Special Articles, Economic and Social Research Institute (ESRI), vol. 2003(3-Autumn), pages 1-15.
  78. Kuroda, Toshifumi & Baquero Forero, Maria del Pilar, 2017. "The effects of spectrum allocation mechanisms on market outcomes: Auctions vs beauty contests," Telecommunications Policy, Elsevier, vol. 41(5), pages 341-354.
  79. Wakabayashi, Yuya & Sakai, Ryosuke & Serizawa, Shigehiro, 2025. "A general characterization of the minimum price Walrasian rule with reserve prices," Games and Economic Behavior, Elsevier, vol. 150(C), pages 1-26.
  80. Jim Ingebretsen Carlson, 2020. "A speedy auction using approximated bidders’ preferences," Annals of Operations Research, Springer, vol. 288(1), pages 65-93, May.
  81. Marja Appelman & Joeri Gorter & Mark Lijesen & Richard Venniker & S. Onderstal, 2003. "Equal rules or equal opportunities? Demystifying level playing field," CPB Document 34.rdf, CPB Netherlands Bureau for Economic Policy Analysis.
  82. Wråke, Markus & Myers, Erica & Mandell, Svante & Holt, Charles & Burtraw, Dallas, 2008. "Pricing Strategies under Emissions Trading: An Experimental Analysis," RFF Working Paper Series dp-08-49, Resources for the Future.
  83. Burtraw, Dallas & Evans, David A., 2009. "Tradable rights to emit air pollution," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 53(01), pages 1-26.
  84. Pantelis Koutroumpis & Martin Cave, 2018. "Auction design and auction outcomes," Journal of Regulatory Economics, Springer, vol. 53(3), pages 275-297, June.
  85. Rose, Susan L. & Levin, Dan, 2008. "An experimental investigation of the explosive effect in almost common value auctions," Journal of Economic Behavior & Organization, Elsevier, vol. 67(3-4), pages 927-946, September.
  86. Fabrizi, Simona & Wertlen, Bruno, 2008. "Roaming in the Mobile Internet," Telecommunications Policy, Elsevier, vol. 32(1), pages 50-61, February.
  87. Tilman Börgers & Christian Dustmann, 2005. "Strange Bids: Bidding Behaviour in the United Kingdom's Third Generation Spectrum Auction," Economic Journal, Royal Economic Society, vol. 115(505), pages 551-578, July.
  88. Antelo, Manel & Bru, Lluís, 2022. "Optimal capacity allocation in a vertical industry," MPRA Paper 113984, University Library of Munich, Germany.
  89. Anuja Hariharan & Marc Thomas Philipp Adam & Timm Teubner & Christof Weinhardt, 2016. "Think, feel, bid: the impact of environmental conditions on the role of bidders’ cognitive and affective processes in auction bidding," Electronic Markets, Springer;IIM University of St. Gallen, vol. 26(4), pages 339-355, November.
  90. Sanna Laksá & Daniel Marszalec & Alexander Teytelboym, 2018. "Epic Fail: How Below-Bid Pricing Backfires in Multiunit Auctions," CIRJE F-Series CIRJE-F-1096, CIRJE, Faculty of Economics, University of Tokyo.
  91. Guidon Fenig & Mariya Mileva & Luba Petersen, 2013. "Asset Trading and Monetary Policy in Production Economies," Discussion Papers dp13-08, Department of Economics, Simon Fraser University, revised Aug 2014.
  92. Gorecki, Paul K., 2011. "The Internal EU Electricity Market: Implications for Ireland," Research Series, Economic and Social Research Institute (ESRI), number RS23.
  93. Voorhoeve, Alex, 2022. "The pleasures of tranquillity," LSE Research Online Documents on Economics 113342, London School of Economics and Political Science, LSE Library.
  94. Brett Christophers, 2023. "The rentierization of the United Kingdom economy," Environment and Planning A, , vol. 55(6), pages 1438-1470, September.
  95. Daglish, Toby & Sağlam, Yiğit & Ho, Phuong, 2017. "Auctioning the Digital Dividend: A model for spectrum auctions," International Journal of Industrial Organization, Elsevier, vol. 53(C), pages 63-98.
  96. Klemperer, Paul, 2002. "How (not) to run auctions: The European 3G telecom auctions," European Economic Review, Elsevier, vol. 46(4-5), pages 829-845, May.
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