Saturday, February 18, 2017

A short history of spectrum auction in the US

Read The Spectrum Auction: How Economists Saved the Day on how Milgrom, Wilson and McAfee have implemented a spectrum auction in the US in 1994 "in which multiple bidders could bid on multiple licenses in multiple markets without running into the exposure problem", and also about the more recent "incentive auction" to reallocate spectrum from TV broadcasters to mobile phone companies.

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