The third generation (UMTS) spectrum auction in Germany

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: SFB 373 Discussion Paper ; No. 2001,70

Classification and Topics

• Classification: Wirtschaft ; Market Structure, Pricing, and Design: Oligopoly and Other Forms of Market Imperfection ; Auctions ; Rationing; Licensing ; Taxation, Subsidies, and Revenue: General ; Oligopoly and Other Imperfect Markets
• Subject: auctions ; telecommunications ; industrial organization ; game theory

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Grimm, Veronika ; Riedel, Frank ; Wolfstetter, Elmar
• Event: Veröffentlichung
• (who): Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes
• (where): Berlin
• (when): 2001

Further information

• Handle: http://hdl.handle.net/10419/62755
• URN: urn:nbn:de:kobv:11-10050415
• Last update: 10.03.2025, 11:45 AM CET