Handbook of Spectrum Auction Design by Martin Bichler (English) Hardcover Book

Handbook of Spectrum Auction Design by Martin Bichler, Jacob K. Goeree

Estimated delivery 3-12 business days

Format Hardcover

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Description Governments worldwide use spectrum auctions to assign and price licenses for wireless communications, a key resource for any mobile operator. This comprehensive handbook by an international team of experts covers the pros and cons of different auction formats and lessons learned from theory, experiments, and the field.

Publisher Description

Following the successful PCS Auction conducted by the US Federal Communications Commission in 1994, auctions have replaced traditional ways of allocating valuable radio spectrum, a key resource for any mobile telecommunications operator. Spectrum auctions have raised billions of dollars worldwide and have become a role model for market-based approaches in the public and private sectors. The design of spectrum auctions is a central application of game theory and auction theory due to its importance in industry and the theoretical challenges it presents. Several auction formats have been developed with different properties addressing fundamental questions about efficiently selling multiple objects to a group of buyers. This comprehensive handbook features classic papers and new contributions by international experts on all aspects of spectrum auction design, including pros and cons of different auctions and lessons learned from theory, experiments, and the field, providing a valuable resource for regulators, telecommunications professionals, consultants, and researchers.

Author Biography

Martin Bichler is Professor of Informatics at the Technische Universität München (TUM), and a faculty member at the TUM School of Management. He is known for his academic work on market design, and he has acted as a consultant for private and public organizations including regulators, telecoms, and procurement organizations. Projects in which he is involved include the design of auctions for industrial procurement, logistics, advertising, fishery access rights, and spectrum sales. His research addresses algorithmic, game-theoretical, and behavioral questions and has appeared in leading journals in computer science, economics, operations research, and management science. He is currently Editor of Business and Information Systems Engineering and serves on the editorial boards of several academic journals. Jacob Goeree is SHARP Professor and Director of the AGORA Center for Market Design at University of New South Wales, Sydney. He is a world-leading experimenter, theorist and market designer whose research has influenced the design of spectrum auctions and markets for pollution permits and fishing shares. Goeree was Research Fellow of the Alfred P. Sloan Foundation and is Fellow of the Econometric Society and the Royal Netherlands Academy of Arts and Sciences. He served as President of the Economic Science Association and as Editor of Experimental Economics. He is an Associate Editor of the Journal of Economic Theory and Games and Economic Behavior.

Details ISBN 1107135346 ISBN-13 9781107135345 Title Handbook of Spectrum Auction Design Author Martin Bichler, Jacob K. Goeree Format Hardcover Year 2017 Pages 932 Publisher Cambridge University Press GE_Item_ID:148367911; About Us

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