Decision Sciences
6 years ago

FCC Auction Rule Changes Limit Firms' Ability to Collude, Study Finds.

RePEc: Research Papers in Economics
Auction Design and Tacit Collusion in FCC Spectrum Auctions
Patrick Bajari, Jungwon Yeo

Paper Summary

The FCC has changed auction rules to make it harder for companies to secretly work together in spectrum auctions. By analyzing data from 4 auctions, researchers found that these rule changes reduced firms' ability to collude.

Related papers

Decision Sciences
8 years ago

Revolutionizing procurement: Dynamic auctions maximize efficiency and minimize costs!

Mechanism Design
Supply Chain Coordination
Economic Analysis
3 views
Decision Sciences
4 years ago

FCC auctions set to prevent collusion and speed up completion time.

Mechanism Design
Economic Analysis
Sharing Economy
2 views
Decision Sciences
4 years ago

Bidders Save Big by Competing in Multiple Online Auctions!

Mechanism Design
Economic Analysis
Economic Behavior
1 view