Arbeitspapier
The Third Generation (UMTS) Spectrum Auction in Germany
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.
- Language
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Englisch
- Bibliographic citation
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Series: CESifo Working Paper ; No. 584
- Classification
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Wirtschaft
- Subject
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auctions
telecommunications
industrial organization
game theory.
- Event
-
Geistige Schöpfung
- (who)
-
Grimm, Veronika
Riedel, Frank
Wolfstetter, Elmar G.
- Event
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Veröffentlichung
- (who)
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Center for Economic Studies and ifo Institute (CESifo)
- (where)
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Munich
- (when)
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2001
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Grimm, Veronika
- Riedel, Frank
- Wolfstetter, Elmar G.
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2001
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