Template-Type: ReDIF-Paper 1.0
Title: An Experimental Test of Design Alternatives for the British 3G / UMTS Auction 
Author-Name: Klaus Abbink
Author-Name: Bernd Irlenbusch
Author-Name: Paul Pezanis-Christou
Author-Name: Bettina Rockenbach
Author-Name: Abdolkarim Sadrieh
Author-Name: Reinhard Selten 
Author-Email: 
Classification-JEL: C90, D44 
Keywords: Spectrum auctions, UMTS, experiments 
Abstract: In spring 2000, the British government auctioned off licences for Third Generation mobile telecommunications services. In the preparation of the auction, two designs involving
	each a hybrid of an English and a sealed-bid auction were suggested by the government: a discriminatory and a uniform price variant. We report an experiment on these two designs, and 
	also compare the results to those with a pure English auction. Both hybrids are similar in efficiency, revenue differences disappear as bidders get experienced. Compared to the 
	discriminatory format, the pure English auction gives new entrants better chances. 
Note: 
Length: 25
Creation-Date: 2001-09	
Revision-Date: 
File-URL: http://www.wiwi.uni-bonn.de/bgsepapers/bonedp/bgse25_2001.pdf
File-Format: application/pdf
Handle: RePEc:bon:bonedp:bgse25_2001