The first telecommunications spectrum auction in Korea is attention worthy due to the fierce competition for only the 1.8 GHz spectrum band and the winning bidder was suspected of overpaying for acquiring the spectrum licence. This study empirically investigates the existence of "winner's curse"...

Although various emerging technologies have been launched, they present limitations as far as offering full-scale ubiquitous services independently is concerned. In view of this fact, service providers are likely to provide bundled services among possible combinations of services. Indeed, making...