English, Article, Journal or magazine article edition: The German UMTS Design: Insights From Multi-Object Auction Theory Ewerhart II, Christian; Moldovanu, Benny

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Bookmark: http://trove.nla.gov.au/version/42734
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The German UMTS Design: Insights From Multi-Object Auction Theory
Author
  • Ewerhart II, Christian
  • Moldovanu, Benny
Physical Description
  • preprint
Notes
  • We briefly survey several insights about value and revenue maximization in multi-object auctions and apply them to the German (and Austrian) UMTS auction. In particular, we discuss in detail the exposure probelm that caused firms in Germany to pay almost Euro 20 billion for nothing.
  • RePEc:xrs:sfbmaa:02-05
  • We briefly survey several insights about value and revenue maximization in multi-object auctions and apply them to the German (and Austrian) UMTS auction. In particular, we discuss in detail the exposure problem that caused firms in Germany to pay almost Euro 20 billion for nothing.
  • RePEc:ces:ceswps:_680
Language
  • English
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