Arbeitspapier

The German UMTS Design: Insights From Multi-Object Auction Theory

We briefly survey several insights about value and revenue maximization in multi-object auctions and apply them to the German (and Austrian) UMTS auction. In particular, we discuss in detail the exposure problem that caused firms in Germany to pay almost Euro 20 billion for nothing.

Language
Englisch

Bibliographic citation
Series: CESifo Working Paper ; No. 680

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Ewerhart, Christian
Moldovanu, Benny
Event
Veröffentlichung
(who)
Center for Economic Studies and ifo Institute (CESifo)
(where)
Munich
(when)
2002

Handle
Last update
10.03.2025, 11:46 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Ewerhart, Christian
  • Moldovanu, Benny
  • Center for Economic Studies and ifo Institute (CESifo)

Time of origin

  • 2002

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