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
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Englisch
- Bibliographic citation
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Series: CESifo Working Paper ; No. 680
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Ewerhart, Christian
Moldovanu, Benny
- 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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2002
- Handle
- Last update
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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