The German UMTS design: insights form multi-object auction theory

by Christian Ewerhart and Benny Moldovanu

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.

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Year of publication:	2002
Authors:	Ewerhart, Christian ; Moldovanu, Benny
Published in:	IFO-Studien : Zeitschrift für empirische Wirtschaftsforschung. - München : IFO-Inst. für Wirtschaftsforschung, ISSN 0018-9731, ZDB-ID 2819-8. - Vol. 48.2002, 1, p. 157-173
Subject:	Mobilkommunikation \| Mobile communications \| Konzession \| Concession \| Lizenz \| Licence \| Auktion \| Auction \| Auktionstheorie \| Auction theory \| Multikriterielle Entscheidungsanalyse \| Multi-criteria analysis \| Theorie \| Theory \| Deutschland \| Germany

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Extent:	graph. Darst
Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Notes:	In: IFO-Studien Literaturverz. S.171-173
Source:	ECONIS - Online Catalogue of the ZBW

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