Some Observations on the British and German 3G Telecom Auctions.
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 a...
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Format: | Working paper |
Language: | English |
Published: |
Nuffield College (University of Oxford)
2002
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