The third generation (UMTS) spectrum auction in Germany

Veronika Grimm; Frank Riedel; Elmar Wolfstetter

The third generation UMTS auction in Germany raised an enormous amount of revenue, and at the same time achieved a more competitive market structure than other UMTS auctions in Europe. The present paper explains the design of that auction, and presents a game theoretic explanation of observed events during the crucial phase of that auction, which have puzzled several observers. In addition, the paper evaluates the merit of the German UMTS auction design, relative to the English design, that was predominantly employed in Europe.

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Year of publication:	2001
Authors:	Grimm, Veronika ; Riedel, Frank ; Wolfstetter, Elmar
Publisher:	München : CESifo
Subject:	auctions \| telecommunications \| industrial organization \| game theory \| Spieltheorie \| Game theory \| Auktionstheorie \| Auction theory \| Auktion \| Auction \| Mobilkommunikation \| Mobile communications \| Deutschland \| Germany \| Lizenz \| Licence \| Konzession \| Concession \| Industrieökonomik \| Industrial organization \| Telekommunikation \| Telecommunications

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Extent:	Online-Ressource (22 S.) graph. Darst.
Series:	CESifo working papers. - München : [Verlag nicht ermittelbar], ISSN 2364-1428, ZDB-ID 2065232-X. - Vol. 584
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzungen: PDF Reader
Other identifiers:	hdl:10419/75740 [Handle]
Classification:	D43 - Oligopoly and Other Forms of Market Imperfection ; D44 - Auctions ; D45 - Rationing; Licensing ; H20 - Taxation, Subsidies, and Revenue. General ; L13 - Oligopoly and Other Imperfect Markets
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011400807