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- W1980044771 abstract "Abstract This paper analyses the auction designs chosen for awarding 3G licences in the UK and 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 might discourage participation, it will probably lead to less competitive bidding in real applications." @default.
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- W1980044771 date "2005-05-01" @default.
- W1980044771 modified "2023-09-25" @default.
- W1980044771 title "Design of the 3G Spectrum Auctions in the UK and Germany: An Experimental Investigation" @default.
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- W1980044771 doi "https://doi.org/10.1111/j.1465-6485.2005.00128.x" @default.
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