How (Not) to Run Auctions: The European 3g Telecom Auctions

22 Pages Posted: 28 Jan 2002

See all articles by Paul Klemperer

Paul Klemperer

University of Oxford - Department of Economics; Centre for Economic Policy Research (CEPR)

Multiple version iconThere are 3 versions of this paper

Date Written: November 2001

Abstract

There were enormous differences in the revenues from the European "third generation" (3G, or "UMTS") mobile-phone license auctions, from 20 Euros per capita in Switzerland to 650 Euros per capita in the U.K., though the values of the licences sold were similar. Poor auction designs in some countries facilitated collusion between firms and failed to attract entrants. The sequencing of the auctions was also crucial. We discuss the auctions in the U.K., Netherlands, Germany, Italy, Austria, Switzerland, Belgium, Greece and Denmark.

Keywords: Auctions, Telecommunications, Spectrum Auctions, 3G, UMTS, Bidding

JEL Classification: D44, L96

Suggested Citation

Klemperer, Paul, How (Not) to Run Auctions: The European 3g Telecom Auctions (November 2001). Available at SSRN: https://ssrn.com/abstract=297907 or http://dx.doi.org/10.2139/ssrn.297907

Paul Klemperer (Contact Author)

University of Oxford - Department of Economics ( email )

Manor Road Building
Manor Road
Oxford, OX1 3BJ
United Kingdom
+44 1865 278 588 (Phone)
+44 1865 278 557 (Fax)

Centre for Economic Policy Research (CEPR) ( email )

London
United Kingdom

Register to save articles to
your library

Register

Paper statistics

Downloads
386
Abstract Views
3,453
rank
70,657
PlumX Metrics