Citation

Discussion Paper Details

Please find the details for DP3605 in an easy to copy and paste format below:

Full Details   |   Bibliographic Reference

Full Details

Title: Some Observations on the British and German 3G Telecom Auctions

Author(s): Paul Klemperer

Publication Date: October 2002

Keyword(s): 3G, auctions, bidding, spectrum auctions, telecommunications and UMTS

Programme Area(s): Industrial Organization

Abstract: 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 at the December 2001 CES Ifo conference on the telecom auctions. (For those readers new to the subject, I recommend first reading ?How (Not) to Run Auctions: the European 3G Telecom Auctions? European Economic Review 2002 and at www.paulklemperer.org and ?The Biggest Auction Ever: the Sale of the British 3G Telecom Licenses? Economic Journal 2002 and also at www.paulklemperer.org.)

For full details and related downloads, please visit: https://cepr.org/active/publications/discussion_papers/dp.php?dpno=3605

Bibliographic Reference

Klemperer, P. 2002. 'Some Observations on the British and German 3G Telecom Auctions'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=3605