Ugly is Only Skin Deep: An Analysis of the DE Program in Auction 97

Phoenix Center Perspectives No. 15-04

14 Pages Posted: 13 Sep 2016

See all articles by George S. Ford

George S. Ford

Phoenix Center for Advanced Legal & Economic Public Policy Studies

Michael L. Stern

Auburn University; Phoenix Center for Advanced Legal & Economic Public Policy Studies

Date Written: July 20, 2015

Abstract

This paper offers an economic theory of the Designated Entity program used in spectrum auctions in the United States. Using this theory, and auction results, we evaluate the DE discounts in the Federal Communication Commission's Auction 97, and the post-auction decision by the regulatory agency to disqualify a Designated Entity.

Keywords: Spectrum Auction, Designated Entity, Telecommunications, Mobile, Wireless, Federal Communications Commission

JEL Classification: L96

Suggested Citation

Ford, George S. and Stern, Michael L., Ugly is Only Skin Deep: An Analysis of the DE Program in Auction 97 (July 20, 2015). Phoenix Center Perspectives No. 15-04 . Available at SSRN: https://ssrn.com/abstract=2837293

George S. Ford (Contact Author)

Phoenix Center for Advanced Legal & Economic Public Policy Studies ( email )

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Michael L. Stern

Auburn University ( email )

415 West Magnolia Avenue
Auburn, AL 36849
United States

Phoenix Center for Advanced Legal & Economic Public Policy Studies

5335 Wisconsin Avenue, NW
Suite 440
Washington, DC 20015
United States

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