Economics, Econometrics and Finance
4 years ago

Dutch UMTS-auction flop offers valuable lessons for future auction design

The Dutch UMTS-auction
E.E.C. van Damme

Paper Summary

The Dutch UMTS-auction in 2000 was considered a failure compared to auctions in the UK and Germany. The study looks at how the auction was planned and how bidders behaved. The findings offer valuable lessons for designing future auctions.

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