How (Not) to Run Auctions: the European 3G Telecom Auctions.

There were enormous differences in the revenues from the European "third generation" (3G, or "UMTS") mobile-phone license auctions, from 20 Euros per capita in Switzerland to 650 Euros per capita in the U.K., though the values of the licences sold were similar. Poor auction desig...

Full description

Bibliographic Details
Main Author: Klemperer, P
Format: Working paper
Language:English
Published: Nuffield College (University of Oxford) 2001