The Biggest Auction Ever: The Sale of the British 3G Telecom Licences.
This paper reviews the part played by economists in organizing the British third-generation mobile-phone licence auction that concluded on 27 April 2000. It raised 22.5 billion pounds ($34 billion or 2.5 % of GNP) and was widely described at the time as the biggest auction ever. We discuss the merit...
| Main Authors: | , |
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| Format: | Working paper |
| Language: | English |
| Published: |
CEPR
2002
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