Frontiers in spectrum auction design

Martin Bichler, Jacob K. Goeree

Research output: Contribution to journalArticlepeer-review

8 Scopus citations

Abstract

Spectrum auction design has seen number innovations in the recent years. Regulators have used various types of combinatorial auction formats including simple ascending combinatorial clock auctions and first-price sealed-bid combinatorial auctions. The Simultaneous Multi-Round Auction (SMRA) and the two-stage Combinatorial Clock Auction (CCA) are the most wide-spread auction formats for spectrum sales to date. We provide an accessible overview of strategic problems in these auction formats and summarize research challenges in this field for a broader audience of readers in industrial organization.

Original languageEnglish
Pages (from-to)372-391
Number of pages20
JournalInternational Journal of Industrial Organization
Volume50
DOIs
StatePublished - 1 Jan 2017

Keywords

  • Auction theory
  • Market design
  • Spectrum auction

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