at Google ScholarTitle data
Seifert, Stefan ; Ehrhart, Karl-Martin:
Design of the 3G Spectrum Auctions in the UK and in Germany : An Experimental Investigation.
In: German Economic Review.
Vol. 6
(2005)
Issue 2
.
- pp. 229-248.
ISSN 1468-0475
DOI: https://doi.org/10.1111/j.1465-6485.2005.00128.x
Abstract in another language
This paper analyses the auction designs chosen for awarding 3G licenses in the UK and in Germany and compares them with respect to revenues and bidders' surplus using a laboratory experiment. In our study with a given number of bidders, the German design leads to higher revenues. However, bidder surplus in the German design is lower and bidders face a severe exposure problem. Because this migh discourage participation, it will probably lead to less competitive bidding in real applications.
Further data
| Item Type: | Article in a journal |
|---|---|
| Refereed: | Yes |
| Institutions of the University: | Faculties Faculties > Faculty of Law, Business and Economics Faculties > Faculty of Law, Business and Economics > Department of Business Administration Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Chair Business Administration XI - Technology and Innovation Management > Chair Business Administration XI - Technology and Innovation Management - Univ.-Prof. Dr. Stefan Seifert Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Chair Business Administration XI - Technology and Innovation Management |
| Result of work at the UBT: | No |
| DDC Subjects: | 300 Social sciences 300 Social sciences > 330 Economics |
| Date Deposited: | 01 Jul 2015 08:11 |
| Last Modified: | 15 Sep 2021 07:19 |
| URI: | https://eref.uni-bayreuth.de/id/eprint/15604 |