SELLING SPECTRUM RIGHTS
SELLING SPECTRUM RIGHTS
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DOI:
10.1257/jep.8.3.145
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发表时间:
1994-06-01
影响因子:
8.4
通讯作者:
MCMILLAN, J
中科院分区:
文献类型:
--
作者:
MCMILLAN, J
The design of the FCC spectrum-license auction is a case study in the application of economic theory. Auction theory helped address policy questions such as: Should an open auction or a sealed-bid auction be used? Should the licenses be auctioned sequentially or simultaneously? Should the government allow bids for combinations of licenses, or should it accept only single-license bids? How should the auction be structured to promote the interests of minority-owned and other designated firms? Should the government impose royalties or reserve prices? How much should the bidders be informed about their competition?