Template-type: ReDIF-Paper 1.0
Author-Name: Paul Klemperer
Author-Email: paul.klemperer@economics.ox.ac.uk
Author-Workplace-Name:Nuffield College, Oxford University, Oxford, England
Title: Some Observations on the British and German 3G Telecom Auctions
Abstract:
 I suggest explanations for the apparently puzzling bidding in the year
 2000 British and German 3G telecom auctions.  Relative-performance maximisation may
 have been important, but the outcome of the British auction seems to have been
 efficient. This paper bundles my comments on two papers presented at the December 2001 CES Ifo
 conference on the telecom auctions.  (For those readers new to the subject, I recommend
 first reading "How (Not) to Run Auctions: the European 3G Telecom Auctions" European Economic
 Review 2002 and at www.paulklemperer.org and "The Biggest Auction Ever: the Sale of the
 British 3G Telecom Licenses" Economic Journal 2002 and also at www.paulklemperer.org.)
Classification-JEL:D44, L96 
Keywords: Auctions, Telecommunications, Spectrum Auctions, 3G, UMTS, Bidding.
Length:23 pages
Creation-Date: 2002-09-01
Number:2002-W20
File-URL:http://www.nuff.ox.ac.uk/economics/papers/2002/w20/britishgerman3gfinal.pdf
File-Format: application/pdf
Handle: RePEc:nuf:econwp:0220