The Third Generation (UMTS) Spectrum Auction in Germany

Veronika Grimm, Frank Riedel () and Elmar Wolfstetter ()

No CESifo Working Paper No. 584, CESifo Working Paper Series from CESifo Group Munich

Abstract: The third generation UMTS auction in Germany raised an enormous amount of revenue, and at the same time achieved a more competitive market structure than other UMTS auctions in Europe. The present paper explains the design of that auction, and presents a game theoretic explanation of observed events during the crucial phase of that auction, which have puzzled several observers. In addition, the paper evaluates the merit of the German UMTS auction design, relative to the English design, that was predominantly employed in Europe.

Keywords: auctions; telecommunications; industrial organization; game theory. (search for similar items in EconPapers)
JEL-codes: D43 D44 D45 H20 L13 (search for similar items in EconPapers)
Date: Written
View list of references View citations in EconPapers

Downloads: (external link)
http://www.cesifo-group.de/DocCIDL/cesifo_wp584.pdf (application/pdf)

Related works:
Working Paper: The Third Generation (UMTS) Spectrum Auction in Germany
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:ces:ceswps:_584

Access Statistics for this paper

More papers in CESifo Working Paper Series from CESifo Group Munich
Address: Poschingerstrasse 5, 81679 Munich
Series data maintained by Julio Saavedra ().