Auction design and the success of national 3G spectrum assignments
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Authors
Madden, Gary
Saglam, I.
Morey, Aaron
Date
2011Type
Conference Paper
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Madden, Gary and Saglam, Ismail and Morey, Aaron. 2011. Auction design and the success of national 3G spectrum assignments, in G. Madden and W. Kimble (ed), 5th Africa-Asia-Australasia Regional Conference of the International Telecommunications Society, Nov 13-16 2011. Perth, WA: ITS and Curtin University.
Source Title
Proceedings of the International Telecommunications Society 5th Africa-Asia-Australasia regional conference
Source Conference
International Telecommunications Society 5th Africa-Asia-Australasia Regional Conference
School
School of Economics and Finance
Collection
Abstract
This study empirically examines a sample of national wireless spectrum assignments for the period 2000-2007 to identify the sources of revenue variations. An econometric model that recognises the censored nature of the sample relates per capita winning bid (per Mhz) values to auction design variables (license award process), national and mobile market conditions, spectrum package attributes and post-award obligations identified from national regulatory authority tender documents. The analysis reveals that only some auction design variables independently impact on realized 3G spectrum auction revenue in a manner consistent with auction theory.
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Madden, Gary; Saglam, I.; Hussain, I. (2015)This study examines a sample of 93 national 3G spectrum auctions for the period 2000–2011 to identify the sources of substantial revenue variations. An implied reduced-form econometric model that recognises the censored ...
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Madden, Gary; Morey, Aaron (2013)Globally, most nations assign radio spectrum to provide 3G mobile services during the period 1999-2007. While there is consensus among most economists that auctions are the preferred assignment mechanism, the assignment ...