An Experimental Test of Design Alternatives for the British 3G / UMTS Auction
Klaus Abbink,
Bernd Irlenbusch,
Paul Pezanis-Christou,
Bettina Rockenbach,
Abdolkarim Sadrieh and
Reinhard Selten
No 25/2001, Bonn Econ Discussion Papers from University of Bonn, Bonn Graduate School of Economics (BGSE)
Abstract:
In spring 2000, the British government auctioned off licences for Third Generation mobile telecommunications services. In the preparation of the auction, two designs involving each a hybrid of an English and a sealed-bid auction were suggested by the government: a discriminatory and a uniform price variant. We report an experiment on these two designs, and also compare the results to those with a pure English auction. Both hybrids are similar in efficiency, revenue differences disappear as bidders get experienced. Compared to the discriminatory format, the pure English auction gives new entrants better chances.
Keywords: Spectrum auctions; UMTS; experiments (search for similar items in EconPapers)
JEL-codes: C90 D44 (search for similar items in EconPapers)
Date: 2001
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)
Downloads: (external link)
https://www.econstor.eu/bitstream/10419/78411/1/bgse25_2001.pdf (application/pdf)
Related works:
Working Paper: An experimental test of design alternatives for the British 3G/UMTS auction (2007)
Journal Article: An experimental test of design alternatives for the British 3G/UMTS auction (2005) 
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:zbw:bonedp:252001
Access Statistics for this paper
More papers in Bonn Econ Discussion Papers from University of Bonn, Bonn Graduate School of Economics (BGSE) Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().