The paper deals with the subtraction rule, which has been proposed by the working group security of supply in service of the cartel offices of the federal republic and the states as an instrument to identify improperly inflated network access charges in the electricity industry. We analyze...

The second-generation GSM spectrum auction in Germany is probably the most clear cut example of a low price outcome in a simultaneous ascending-bid auction. The present paper gives an account of the events, describes the auction rules and market conditions, and provides a theoretical explanation...