| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5078762 | International Journal of Industrial Organization | 2008 | 14 Pages |
Abstract
We propose two auction formats which implement the efficient market structure. In a ”jumping English auction” the price for a license increases continuously most of the times, but jumps at pre-specified points. After each jump, the number of winning bids is increased by one. The second auction is a multi unit auction based on the design of the UMTS auction in Austria and Germany, where firms can bid on more or less packages.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Georg Gebhardt, Achim Wambach,