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The FCC Spectrum Auctions: An Early Assessment

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Cited by:

  1. Syamsul Idul Adha & A. Sakir, 2021. "Effect of Minimum Tick Size Policy on Price Efficiency and Execution Cost," Capital Markets Review, Malaysian Finance Association, vol. 29(2), pages 29-41.
  2. Alexander Teytelboym & Shengwu Li & Scott Duke Kominers & Mohammad Akbarpour & Piotr Dworczak, 2021. "Discovering Auctions: Contributions of Paul Milgrom and Robert Wilson," Scandinavian Journal of Economics, Wiley Blackwell, vol. 123(3), pages 709-750, July.
  3. Lawrence M. Ausubel & Peter Cramton & Marek Pycia & Marzena Rostek & Marek Weretka, 2014. "Demand Reduction and Inefficiency in Multi-Unit Auctions," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 81(4), pages 1366-1400.
  4. Gentry, Matthew & Komarova, Tatiana & Schiraldi, Pasquale & Shin, Wiroy, 2019. "On monotone strategy equilibria in simultaneous auctions for complementary goods," Journal of Mathematical Economics, Elsevier, vol. 85(C), pages 109-128.
  5. Martin K. Perry & József Sákovics, 2003. "Auctions for Split‐Award Contracts," Journal of Industrial Economics, Wiley Blackwell, vol. 51(2), pages 215-242, June.
  6. David Ettinger & Fabio Michelucci, 2016. "Creating a winner’s curse via jump bids," Review of Economic Design, Springer;Society for Economic Design, vol. 20(3), pages 173-186, September.
  7. Cramton, Peter & Kerr, Suzi, 2002. "Tradeable carbon permit auctions: How and why to auction not grandfather," Energy Policy, Elsevier, vol. 30(4), pages 333-345, March.
  8. Jean-Pierre Benoît & Vijay Krishna, 2001. "Multiple-Object Auctions with Budget Constrained Bidders," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 68(1), pages 155-179.
  9. 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.
  10. Regina Betz & Stefan Seifert & Peter Cramton & Suzi Kerr, 2010. "Auctioning greenhouse gas emissions permits in Australia ," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 54(2), pages 219-238, April.
  11. Lawrence M. Ausubel & Peter Cramton & Paul Milgrom, 2012. "System and Method for a Hybrid Clock and Proxy Auction," Papers of Peter Cramton 10acmhc, University of Maryland, Department of Economics - Peter Cramton, revised 2012.
  12. Cramton, Peter & Schwartz, Jesse A, 2000. "Collusive Bidding: Lessons from the FCC Spectrum Auctions," Journal of Regulatory Economics, Springer, vol. 17(3), pages 229-252, May.
  13. Lisa BREGER & Andrea SORENSEN, 2019. "Posted offers in exogenous networks: A theoretical application and experimental results," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(2(619), S), pages 21-46, Summer.
  14. Pallab Sanyal, 2016. "Characteristics and Economic Consequences of Jump Bids in Combinatorial Auctions," Information Systems Research, INFORMS, vol. 27(2), pages 347-364, June.
  15. Fang, Hanming & Parreiras, Sergio O., 2002. "Equilibrium of Affiliated Value Second Price Auctions with Financially Constrained Bidders: The Two-Bidder Case," Games and Economic Behavior, Elsevier, vol. 39(2), pages 215-236, May.
  16. Alvin E. Roth, 2009. "What Have We Learned from Market Design?," Innovation Policy and the Economy, University of Chicago Press, vol. 9(1), pages 79-112.
  17. Moldovanu, Benny & Ewerhart II, Christian, 2001. "The German UMTS Design: Insights From Multi-Object Auction Theory," Sonderforschungsbereich 504 Publications 02-05, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
  18. repec:dau:papers:123456789/5432 is not listed on IDEAS
  19. David Ettinger & Fabio Michelucci, 2012. "Hiding Information in Open Auctions," CERGE-EI Working Papers wp469, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
  20. 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.
  21. David Pardoe & Peter Stone & Maytal Saar-Tsechansky & Tayfun Keskin & Kerem Tomak, 2010. "Adaptive Auction Mechanism Design and the Incorporation of Prior Knowledge," INFORMS Journal on Computing, INFORMS, vol. 22(3), pages 353-370, August.
  22. Donald B. Hausch & S. Ramachandran, 2000. "Systemic Financial Distress and Auction-Based Bankruptcy Reorganization," Econometric Society World Congress 2000 Contributed Papers 1423, Econometric Society.
  23. Ricardo Gonçalves, 2008. "A communication equilibrium in English auctions with discrete bidding," Working Papers de Economia (Economics Working Papers) 042008, Católica Porto Business School, Universidade Católica Portuguesa.
  24. Tommaso Valletti, 2003. "Is Mobile Telephony a Natural Oligopoly?," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 22(1), pages 47-65, February.
  25. Susan L. Rose & John H. Kagel, 2008. "Almost Common Value Auctions: An Experiment," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 17(4), pages 1041-1058, December.
  26. Cramton, Peter, 1998. "The Efficiency of the FCC Spectrum Auctions," Journal of Law and Economics, University of Chicago Press, vol. 41(2), pages 727-736, October.
  27. Gregory Crawford & Evan Kwerel & Jonathan Levy, 2008. "Economics at the FCC: 2007–2008," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 33(3), pages 187-210, November.
  28. Lawrence J. White, 2006. "Focusing More on Outputs and on Markets: What Financial Regulation Can Learn from Progress in Other Policy Areas," NFI Policy Briefs 2006-PB-18, Indiana State University, Scott College of Business, Networks Financial Institute.
  29. Gebhardt, Georg & Wambach, Achim, 2008. "Auctions to implement the efficient market structure," International Journal of Industrial Organization, Elsevier, vol. 26(3), pages 846-859, May.
  30. Albano, Gian Luigi & Germano, Fabrizio & Lovo, Stefano, 2001. "A comparison of standard multi-unit auctions with synergies," Economics Letters, Elsevier, vol. 71(1), pages 55-60, April.
  31. Heidrun C. Hoppe & Philippe Jehiel & Benny Moldovanu, 2006. "License Auctions and Market Structure," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 15(2), pages 371-396, June.
  32. Cramton, Peter & Ingraham, Allan T. & Singer, Hal J., 0. "The effect of incumbent bidding in set-aside auctions: An analysis of prices in the closed and open segments of FCC Auction 35," Telecommunications Policy, Elsevier, vol. 32(3-4), pages 273-290, April.
  33. Gavious Arieh, 2009. "Separating Equilibria in Public Auctions," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 9(1), pages 1-19, September.
  34. Zhiling Guo & Gary J. Koehler & Andrew B. Whinston, 2012. "A Computational Analysis of Bundle Trading Markets Design for Distributed Resource Allocation," Information Systems Research, INFORMS, vol. 23(3-part-1), pages 823-843, September.
  35. Khoroshilov, Yuri, 2012. "Preemptive bidding in takeover auctions with affiliated values," The Quarterly Review of Economics and Finance, Elsevier, vol. 52(4), pages 395-401.
  36. Crampes, Claude & Estache, Antonio, 1998. "Regulatory trade-offs in the design of concession contracts," Utilities Policy, Elsevier, vol. 7(1), pages 1-13, March.
  37. Peter Cramton & John McMillan & Paul Milgrom & Bradley Miller & Bridger Mitchell & Daniel Vincent & Robert Wilson, 1997. "Package Bidding for Spectrum Licenses," Papers of Peter Cramton 97cra1b, University of Maryland, Department of Economics - Peter Cramton.
  38. 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.
  39. De Silva, Dakshina G. & Jeitschko, Thomas D. & Kosmopoulou, Georgia, 2005. "Stochastic synergies in sequential auctions," International Journal of Industrial Organization, Elsevier, vol. 23(3-4), pages 183-201, April.
  40. Frank Kelly & Richard Steinberg, 2000. "A Combinatorial Auction with Multiple Winners for Universal Service," Management Science, INFORMS, vol. 46(4), pages 586-596, April.
  41. Munro, David R. & Rassenti, Stephen J., 2019. "Combinatorial clock auctions: Price direction and performance," Games and Economic Behavior, Elsevier, vol. 117(C), pages 195-217.
  42. Ravi Bapna & Robert Day & Sarah Rice, 2020. "Allocative Efficiency in Online Auctions: Improving the Performance of Multiple Online Auctions Via Seek‐and‐Protect Agents," Production and Operations Management, Production and Operations Management Society, vol. 29(8), pages 1878-1893, August.
  43. Andrés Pereyra, 2001. "Subasta de telefonía móvil: ¿una experiencia inconclusa en Uruguay?," Documentos de Trabajo (working papers) 0302, Department of Economics - dECON.
  44. Kaplan, Todd R. & Zamir, Shmuel, 2015. "Advances in Auctions," Handbook of Game Theory with Economic Applications,, Elsevier.
  45. Jain, Rekha, 1999. "Changing role of regulation: lessons from US spectrum auctions," Utilities Policy, Elsevier, vol. 8(1), pages 61-73, March.
  46. 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.
  47. repec:dau:papers:123456789/15048 is not listed on IDEAS
  48. Pandey, Ashish, 2016. "High Bids and Low Recovery: A Possible Case for Non-Performing Loan Auctions in India," MPRA Paper 75254, University Library of Munich, Germany.
  49. Cramton Peter & Schwartz Jesse A, 2002. "Collusive Bidding in the FCC Spectrum Auctions," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 1(1), pages 1-20, December.
  50. Philipp Herrmann & Dennis O. Kundisch & Mohammad S. Rahman, 2013. "To Bid or Not to Bid Aggressively? An Empirical Study," Working Papers Dissertations 08, Paderborn University, Faculty of Business Administration and Economics.
  51. Anders Lunander & Jan-Eric Nilsson, 2004. "Taking the Lab to the Field: Experimental Tests of Alternative Mechanisms to Procure Multiple Contracts," Journal of Regulatory Economics, Springer, vol. 25(1), pages 39-58, January.
  52. Lawrence M. Ausubel & Peter Cramton & R. Preston McAfee & John McMillan, 1997. "Synergies in Wireless Telephony: Evidence from the Broadband PCS Auctions," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 6(3), pages 497-527, September.
  53. Indranil Chakraborty & Richard Engelbrecht‐Wiggans, 2001. "Corners in Auctions," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 10(2), pages 265-276, June.
  54. David Ettinger & Fabio Michelucci, 2016. "Hiding Information in Open Auctions with Jump Bids," Economic Journal, Royal Economic Society, vol. 126(594), pages 1484-1502, August.
  55. Nicolas C. Bedard & Jacob K. Goeree & Philippos Louis & Jingjing Zhang, 2020. "The Favored but Flawed Simultaneous Multiple-Round Auction," Working Paper Series 2020/03, Economics Discipline Group, UTS Business School, University of Technology, Sydney.
  56. Aleksandar Pekev{c} & Michael H. Rothkopf, 2003. "Combinatorial Auction Design," Management Science, INFORMS, vol. 49(11), pages 1485-1503, November.
  57. Evan M. Herrnstadt & Ryan Kellogg & Eric Lewis, 2020. "The Economics of Time-Limited Development Options: The Case of Oil and Gas Leases," NBER Working Papers 27165, National Bureau of Economic Research, Inc.
  58. Edward R. Morrison, 2007. "Bankruptcy Decision Making: An Empirical Study of Continuation Bias in Small-Business Bankruptcies," Journal of Law and Economics, University of Chicago Press, vol. 50(2), pages 381-419.
  59. Kent D Daniel & David Hirshleifer, 2018. "A Theory of Costly Sequential Bidding [Strategic jump bidding in English auctions]," Review of Finance, European Finance Association, vol. 22(5), pages 1631-1665.
  60. 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.
  61. Freeman, David J. & Kimbrough, Erik O. & Reiss, J. Philipp, 2020. "Opportunity cost, inattention and the bidder’s curse," European Economic Review, Elsevier, vol. 129(C).
  62. Yuhang Guo & Dong Hao & Bin Li, 2022. "Combinatorial Procurement Auction in Social Networks," Papers 2208.14591, arXiv.org.
  63. Levin, Dan & Kagel, John H., 2005. "Almost common values auctions revisited," European Economic Review, Elsevier, vol. 49(5), pages 1125-1136, July.
  64. Shakun D. Mago & Roman M. Sheremeta, 2017. "Multi‐battle Contests: An Experimental Study," Southern Economic Journal, John Wiley & Sons, vol. 84(2), pages 407-425, October.
  65. Bae, Jinsoo & Kagel, John H., 2019. "An experimental study of the generalized second price auction," International Journal of Industrial Organization, Elsevier, vol. 63(C), pages 44-68.
  66. Paul Milgrom, 2000. "Putting Auction Theory to Work: The Simultaneous Ascending Auction," Journal of Political Economy, University of Chicago Press, vol. 108(2), pages 245-272, April.
  67. Moreton, Patrick S & Spiller, Pablo T, 1998. "What's in the Air: Interlicense Synergies in the Federal Communications Commission's Broadband Personal Communication Service Spectrum Auctions," Journal of Law and Economics, University of Chicago Press, vol. 41(2), pages 677-716, October.
  68. Moldovanu, Benny & Ewerhart, Christian, 2002. "A stylized model of the German UMTS auction," Papers 02-07, Sonderforschungsbreich 504.
  69. Regina Betz & Ben Greiner & Sascha Schweitzer & Stefan Seifert, 2017. "Auction Format and Auction Sequence in Multi‐item Multi‐unit Auctions: An Experimental Study," Economic Journal, Royal Economic Society, vol. 127(605), pages 351-371, October.
  70. Abhishek, Vineet & Hajek, Bruce & Williams, Steven R., 2013. "Auctions with a profit sharing contract," Games and Economic Behavior, Elsevier, vol. 77(1), pages 247-270.
  71. Lawrence J. White, 2006. "The Fishery as a Watery Commons: Lessons from the Experiences of Other Public Policy Areas for US Fisheries Policy," Working Papers 06-18, New York University, Leonard N. Stern School of Business, Department of Economics.
  72. Sridhar, V. & Prasad, Rohit, 2021. "Analysis of spectrum pricing for commercial mobile services: A cross country study," Telecommunications Policy, Elsevier, vol. 45(9).
  73. Peter Cramton, 2013. "Spectrum Auction Design," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 42(2), pages 161-190, March.
  74. Higgins, Nathaniel & Hellerstein, Daniel & Wallander, Steven & Lynch, Lori, 2017. "Economic Experiments for Policy Analysis and Program Design: A Guide for Agricultural Decisionmakers," Economic Research Report 262456, United States Department of Agriculture, Economic Research Service.
  75. Peter Cramton, 2005. "How Best to Auction Oil Rights," Papers of Peter Cramton 06oil, University of Maryland, Department of Economics - Peter Cramton, revised 2005.
  76. Dodonova, Anna, 2013. "Preemptive bidding in takeover auctions with externality," Journal of Economics and Business, Elsevier, vol. 69(C), pages 35-44.
  77. Peter Cramton, 2002. "Spectrum Auctions," Papers of Peter Cramton 01hte, University of Maryland, Department of Economics - Peter Cramton, revised 16 Jul 2001.
  78. Hausch, Donald B. & Ramachandran, S., 1999. "Bankruptcy reorganization through markets : Auction-based Creditor Ordering by Reducing Debts (ACCORD)," Policy Research Working Paper Series 2230, The World Bank.
  79. Andersson, Martin R. & Sandholm, Tuomas W., 2001. "Leveled commitment contracts with myopic and strategic agents," Journal of Economic Dynamics and Control, Elsevier, vol. 25(3-4), pages 615-640, March.
  80. Lawrence M. Ausubel & Peter Cramton & Paul Milgrom, 2004. "The Clock-Proxy Auction: A Practical Combinatorial Auction Design," Papers of Peter Cramton 04mit5, University of Maryland, Department of Economics - Peter Cramton, revised 2004.
  81. Nguyen, Tri-Dung, 2014. "A fast approximation algorithm for solving the complete set packing problem," European Journal of Operational Research, Elsevier, vol. 237(1), pages 62-70.
  82. 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.
  83. Sağlam, Yiğit & Ho, Phuong & Daglish, Toby, 2012. "Auctioning the Digital Dividend: a Model for Spectrum," Working Paper Series 19238, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
  84. Cramton, Peter, 1998. "Ascending auctions," European Economic Review, Elsevier, vol. 42(3-5), pages 745-756, May.
  85. Elskamp, Rebecca, 2016. "Asymmetric Effects of Winning and Losing Experience in Multi-Unit Auctions," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 236279, Agricultural and Applied Economics Association.
  86. Fluck, Zsuzsanna & John, Kose & Ravid, S. Abraham, 2007. "Privatization as an agency problem: Auctions versus private negotiations," Journal of Banking & Finance, Elsevier, vol. 31(9), pages 2730-2750, September.
  87. Committee, Nobel Prize, 2020. "Improvements to auction theory and inventions of new auction formats," Nobel Prize in Economics documents 2020-2, Nobel Prize Committee.
  88. Oktay Günlük & Lászlo Ladányi & Sven de Vries, 2005. "A Branch-and-Price Algorithm and New Test Problems for Spectrum Auctions," Management Science, INFORMS, vol. 51(3), pages 391-406, March.
  89. Lim, Wooyoung & Xiong, Siyang, 2021. "Does jump bidding increase sellers’ revenue? Theory and experiment," Journal of Economic Behavior & Organization, Elsevier, vol. 189(C), pages 84-110.
  90. Theresa Metty & Rob Harlan & Quentin Samelson & Tom Moore & Thomas Morris & Ron Sorensen & Avner Schneur & Olga Raskina & Rina Schneur & Joshua Kanner & Kevin Potts & Jeffrey Robbins, 2005. "Reinventing the Supplier Negotiation Process at Motorola," Interfaces, INFORMS, vol. 35(1), pages 7-23, February.
  91. Park, Sunju & Rothkopf, Michael H., 2005. "Auctions with bidder-determined allowable combinations," European Journal of Operational Research, Elsevier, vol. 161(2), pages 399-415, March.
  92. Lawrence White, 2000. ""Propertyzing" the Electromagnetic Spectrum: Why It's Important, and How to Begin," Working Papers 00-08, New York University, Leonard N. Stern School of Business, Department of Economics.
  93. Richard Engelbrecht-Wiggans & Charles M. Kahn, 2005. "Low-Revenue Equilibria in Simultaneous Ascending-Bid Auctions," Management Science, INFORMS, vol. 51(3), pages 508-518, March.
  94. Giuseppe Lopomo & Leslie M. Marx & David McAdams & Brian Murray, 2011. "Carbon Allowance Auction Design: An Assessment of Options for the United States," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 5(1), pages 25-43, Winter.
  95. Indranil Chakraborty, 2002. "Bundling and the Reduction of the Winner's Curse," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 11(4), pages 663-684, December.
  96. De Vany, Arthur, 1998. "Implementing a Market-Based Spectrum Policy," Journal of Law and Economics, University of Chicago Press, vol. 41(2), pages 627-646, October.
  97. Peter Cramton, 2004. "Simultaneous Ascending Auction," Papers of Peter Cramton 04mit4, University of Maryland, Department of Economics - Peter Cramton, revised 2004.
  98. Sunnevag, Kjell J., 2000. "Designing auctions for offshore petroleum lease allocation," Resources Policy, Elsevier, vol. 26(1), pages 3-16, March.
  99. Armstrong, Mark & Sappington, David E.M., 2007. "Recent Developments in the Theory of Regulation," Handbook of Industrial Organization, in: Mark Armstrong & Robert Porter (ed.), Handbook of Industrial Organization, edition 1, volume 3, chapter 27, pages 1557-1700, Elsevier.
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  101. Rosenthal, Edward C., 1998. "Information and strategyproofness in joint project selection," Journal of Public Economics, Elsevier, vol. 68(2), pages 207-221, May.
  102. Leslie Marx, 2006. "Economics at the Federal Communications Commission," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 29(4), pages 349-368, December.
  103. Delnoij, Joyce & Rezaei, Sarah & Rijt, Arnout van de, 2023. "Jump bidding does not reduce prices: Field-experimental evidence from online auctions," Journal of Economic Behavior & Organization, Elsevier, vol. 209(C), pages 308-325.
  104. David McAdams & Giuseppe Lopomo & Leslie Marx & Brian Murray, "undated". "Carbon Allowance Auction Design: An Assessment of Options for the U.S," Working Papers 10-64, Duke University, Department of Economics.
  105. Matthew J. Clayton & S. Abraham Ravid, 1999. "The Effect of Leverage on Bidding Behavior: Theory and Evidence from the FCC Auctions," New York University, Leonard N. Stern School Finance Department Working Paper Seires 99-055, New York University, Leonard N. Stern School of Business-.
  106. David Grether & David Porter & Matthew Shum, 2015. "Cyber-Shilling in Automobile Auctions: Evidence from a Field Experiment," American Economic Journal: Microeconomics, American Economic Association, vol. 7(3), pages 85-103, August.
  107. Estrella Alonso & Joaquín Sánchez-Soriano & Juan Tejada, 2020. "Mixed Mechanisms for Auctioning Ranked Items," Mathematics, MDPI, vol. 8(12), pages 1-26, December.
  108. Christopher Avery & John H. Kagel, 1997. "Second‐Price Auctions with Asymmetric Payoffs: An Experimental Investigation," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 6(3), pages 573-603, September.
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