Some Observations on the British and German 3G Telecom Auctions

Paul Klemperer

No 3605, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: I suggest explanations for the apparently puzzling bidding in the year 2000 British and German 3G telecom auctions. Relative-performance maximisation may have been important, but the outcome of the British auction seems to have been efficient. This paper bundles my comments on two papers presented at the December 2001 CES Ifo conference on the telecom auctions. (For those readers new to the subject, I recommend first reading ?How (Not) to Run Auctions: the European 3G Telecom Auctions? European Economic Review 2002 and at www.paulklemperer.org and ?The Biggest Auction Ever: the Sale of the British 3G Telecom Licenses? Economic Journal 2002 and also at www.paulklemperer.org.)

Keywords: Auctions; Telecommunications; Spectrum auctions; 3g; Umts; Bidding (search for similar items in EconPapers)
JEL-codes: D44 L96 (search for similar items in EconPapers)
Date: 2002-10
New Economics Papers: this item is included in nep-ind and nep-mic
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://cepr.org/publications/DP3605 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Working Paper: Some Observations on the British and German 3G Telecom Auctions (2002)
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:cpr:ceprdp:3605

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP3605

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().