Template-type: ReDIF-Paper 1.0
Author-Name: Paul Klemperer
Author-Email: paul.klemperer@economics.ox.ac.uk
Author-Homepage:http://www.paulklemperer.org 
Author-Workplace-Name:Nuffield College, Oxford University
Author-Workplace-Homepage:http://www.nuff.ox.ac.uk/nuffield.html
Title: How (Not) to Run Auctions: the European 3G Telecom Auctions
Abstract:
  There were enormous differences in the revenues from the
  European "third generation" (3G, or "UMTS") mobile-phone license auctions,
  from 20 Euros per capita in Switzerland to 650 Euros per capita in the U.K.,
  though the values of the licences sold were similar.  Poor auction designs in
  some countries facilitated collusion between firms and failed to attract entrants.
  The sequencing of the auctions was also crucial. We discuss the auctions in the U.K.,
  Netherlands, Germany, Italy, Austria, Switzerland, Belgium, Greece and Denmark.
Classification-JEL:D44, L96
Keywords: Auctions, Telecommunications, Spectrum Auctions, 3G, UMTS, Bidding.
Length:22 pages
Creation-Date: 2001-08-01
Revision-Date: 2001-11-01   
Number:2002-W5
File-URL:http://www.nuff.ox.ac.uk/economics/papers/2002/w5/runauction.pdf
File-Format: application/pdf
Handle: RePEc:nuf:econwp:0205