Spectrum Auctions

Spectrum Auctions
Title Spectrum Auctions PDF eBook
Author Geoffrey Myers
Publisher LSE Press
Pages 314
Release 2023-02-15
Genre Business & Economics
ISBN 1911712039

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Access to the radio spectrum is vital for modern digital communication. It is an essential component for smartphone capabilities, the Cloud, the Internet of Things, autonomous vehicles, and multiple other new technologies. Governments use spectrum auctions to decide which companies should use what parts of the radio spectrum. Successful auctions can fuel rapid innovation in products and services, unlock substantial economic benefits, build comparative advantage across all regions, and create billions of dollars of government revenues. Poor auction strategies can leave bandwidth unsold and delay innovation, sell national assets to firms too cheaply, or create uncompetitive markets with high mobile prices and patchy coverage that stifles economic growth. Corporate bidders regularly complain that auctions raise their costs, while government critics argue that insufficient revenues are raised. The cross-national record shows many examples of both highly successful auctions and miserable failures. Drawing on experience from the UK and other countries, senior regulator Geoffrey Myers explains how to optimise the regulatory design of auctions, from initial planning to final implementation. Spectrum Auctions offers unrivalled expertise for regulators and economists engaged in practical auction design or company executives planning bidding strategies. For applied economists, teachers, and advanced students this book provides unrivalled insights in market design and public management. Providing clear analytical frameworks, case studies of auctions, and stage-by-stage advice, it is essential reading for anyone interested in designing public-interested and successful spectrum auctions.

Auctions

Auctions
Title Auctions PDF eBook
Author Timothy P. Hubbard
Publisher MIT Press
Pages 266
Release 2016-01-06
Genre Business & Economics
ISBN 0262528533

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How auctions work, in theory and practice, with clear explanations and real-world examples that range from government procurement to eBay. Although it is among the oldest of market institutions, the auction is ubiquitous in today's economy, used for everything from government procurement to selling advertising on the Internet to course assignment at MIT's Sloan School. And yet beyond the small number of economists who specialize in the subject, few people understand how auctions really work. This concise, accessible, and engaging book explains both the theory and the practice of auctions. It describes the main auction formats and pricing rules, develops a simple model to explain bidder behavior, and provides a range of real-world examples. The authors explain what constitutes an auction and how auctions can be modeled as games of asymmetric information—that is, games in which some players know something that other players do not. They characterize behavior in these strategic situations and maintain a focus on the real world by illustrating their discussions with examples that include not just auctions held by eBay and Sotheby's, but those used by Google, the U.S. Treasury, TaskRabbit, and charities. Readers will begin to understand how economists model auctions and how the rules of the auction shape bidder incentives. They will appreciate the role auctions play in our modern economy and understand why these selling mechanisms are so resilient.

Auctions and Auctioneering

Auctions and Auctioneering
Title Auctions and Auctioneering PDF eBook
Author Ralph Cassady Jr.
Publisher Univ of California Press
Pages 346
Release 2023-04-28
Genre Business & Economics
ISBN 0520322258

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This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1967.

Heritage Auctions Militaria Auction Catalog #6023, Dallas, TX

Heritage Auctions Militaria Auction Catalog #6023, Dallas, TX
Title Heritage Auctions Militaria Auction Catalog #6023, Dallas, TX PDF eBook
Author Marsha Dixey
Publisher Heritage Capital Corporation
Pages 104
Release 2009-06
Genre Antiques & Collectibles
ISBN 9781599673783

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Operation of Small-lot Country Fruit and Vegetable Auctions

Operation of Small-lot Country Fruit and Vegetable Auctions
Title Operation of Small-lot Country Fruit and Vegetable Auctions PDF eBook
Author Edwin W. Cake
Publisher
Pages 48
Release 1940
Genre Fruit trade
ISBN

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Economics of Art Auctions

Economics of Art Auctions
Title Economics of Art Auctions PDF eBook
Author Gianfranco Mossetto
Publisher FrancoAngeli
Pages 260
Release 2002
Genre Art
ISBN 9788846441645

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Consumer Protection and Online Auction Platforms

Consumer Protection and Online Auction Platforms
Title Consumer Protection and Online Auction Platforms PDF eBook
Author Christine Riefa
Publisher Routledge
Pages 277
Release 2016-03-03
Genre Law
ISBN 1317161238

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Online auctions have undergone many transformations and continue to attract millions of customers worldwide. However these popular platforms remain understudied by legal scholars and misunderstood by legislators. This book explores the legal classification of online auction sites across a range of countries in Europe. Including empirical studies conducted on 28 online auction websites in the UK, the research focusses on the protection of consumers’ economic rights and highlights the shortcomings that the law struggles to control. With examinations into important developments, including the Consumer Rights Directive and the latest case law from the CJEU on the liability of intermediaries, Riefa anticipates changes in the law, and points out further changes that are needed to create a safe legal environment for consumers, whilst preserving the varied business model adopted by online auction sites. The study provides insights into how technical measures as well as a tighter legislative framework or enforcement pattern could provide consumers with better protection, in turn reinforcing trust, and ultimately benefiting the online auction platforms themselves.