A Review of the L-Band Auction
Peter Cramton ()
Papers of Peter Cramton from University of Maryland, Department of Economics - Peter Cramton
In May 2008, Ofcom’s L-band auction concluded. This was Ofcom’s second combinatorial clock auction. The auction used an innovative format intended to encourage an efficient assignment of the 17 lots. Eight bidders competed for the lots. In sharp contrast to the first combinatorial clock auction, the 10-40 GHz auction, in which each of the ten bidders won spectrum, in the L-band auction there was a single winner—Qualcomm won all the lots. This note briefly reviews the auction.
Keywords: Auctions; spectrum auctions; market design; package auction; clock auction; combinatorial auction (search for similar items in EconPapers)
JEL-codes: D44 C78 L96 (search for similar items in EconPapers)
Pages: 13 pages
Date: 2008, Revised 2008
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Published in Office of Communications, United Kingdom, September 2008
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Persistent link: https://EconPapers.repec.org/RePEc:pcc:pccumd:08rlba
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