EconPapers    
Economics at your fingertips  
 

Analyzing the Airwaves Auction

Randolph McAfee and John McMillan

Journal of Economic Perspectives, 1996, vol. 10, issue 1, 159-175

Abstract: The design of the Federal Communications Commission spectrum license auction is a case study in the application of economic theory. Auction theory helped address policy questions such as whether an open auction or a sealed-bid auction should be used; whether the licenses should be auctioned sequentially or simultaneously; whether the government should allow bids for combinations of licenses or accept only single-license bids; how the auction should should be structured to promote the interests of minority-owned and other designated firms; whether the government should impose royalties or reserve prices; and how much the bidders should be informed about their competition.

JEL-codes: L96 D44 D45 (search for similar items in EconPapers)
Date: 1996
Note: DOI: 10.1257/jep.10.1.159
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (144) Track citations by RSS feed

Downloads: (external link)
http://www.aeaweb.org/articles.php?doi=10.1257/jep.10.1.159 (application/pdf)

Related works:
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: https://EconPapers.repec.org/RePEc:aea:jecper:v:10:y:1996:i:1:p:159-75

Ordering information: This journal article can be ordered from
https://www.aeaweb.org/journals/subscriptions

Access Statistics for this article

Journal of Economic Perspectives is currently edited by Enrico Moretti

More articles in Journal of Economic Perspectives from American Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Michael P. Albert ().

 
Page updated 2020-04-08
Handle: RePEc:aea:jecper:v:10:y:1996:i:1:p:159-75