The DOI matches its Crossref record; 8 of the 8 references it cites were found in a registry or an index.
The Biggest Auction Ever: The Sale of the British 3G Telecom Licences
Abstract
This paper reviews the part played by economists in organising the British third‐generation mobile‐phone licence auction that concluded on 27 April 2000. It raised £22½ billion ($34 billion or 2½% of GNP) and was widely described at the time as the biggest auction ever. We discuss the merits of auctions versus ‘beauty contests', the aims of the auction, the problems we faced, the auction designs we considered, and the mistakes that were made.
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Citations
Cites
Efficient mechanisms for bilateral trading
Myerson, R. B., & Satterthwaite, M. A. (1983) · Journal of Economic Theory · doi:10.1016/0022-0531(83)90048-0 · Cited by 2,504
The Federal Communications Commission
Coase, R. H. (1959) · The Journal of Law and Economics · doi:10.1086/466549 · Cited by 1,067
Tax Avoidance and the Deadweight Loss of the Income Tax
Feldstein, M. (1999) · Review of Economics and Statistics · doi:10.1162/003465399558391 · Cited by 812
Putting Auction Theory to Work: The Simultaneous Ascending Auction
Milgrom, P. (2000) · Journal of Political Economy · doi:10.1086/262118 · Cited by 678
Analyzing the Airwaves Auction
McAfee, R. P., & McMillan, J. (1996) · Journal of Economic Perspectives · doi:10.1257/jep.10.1.159 · Cited by 530
Wruck, K. H. (1994) · Journal of Financial Economics · doi:10.1016/0304-405x(94)90023-x · Cited by 91
Bulow, J. I., & Klemperer, P. D. (1998) · Brookings Papers on Economic Activity Microeconomics · doi:10.2307/2534805 · Cited by 55
Self-citationWhy Every Economist Should Learn Some Auction TheoryPreprint
Klemperer, P. D. (2000) · SSRN Electronic Journal · doi:10.2139/ssrn.241350 · Cited by 27
Self-citation
Cited by
Putting Auction Theory to Work
Milgrom, P. (2004) · Cambridge University Press eBooks · doi:10.1017/cbo9780511813825 · Cited by 1,642
Klemperer, P. (2004) · SSRN Electronic Journal · doi:10.2139/ssrn.491563 · Cited by 773
Self-citationHow (not) to run auctions: The European 3G telecom auctions
Klemperer, P. (2002) · European Economic Review · doi:10.1016/s0014-2921(01)00218-5 · Cited by 361
Self-citationNeural Correlates of Reinforcement Learning and Social Preferences in Competitive Bidding
van den Bos, W., Talwar, A., & McClure, S. M. (2013) · The Journal of Neuroscience · doi:10.1523/jneurosci.3095-12.2013 · Cited by 80
Metadata
- Authors
- Binmore, K., & Klemperer, P.
- Venue
- The Economic Journal
- Publisher
- Oxford University Press (OUP)
- Published
- 2002-03-01
- Volume
- 112
- Issue
- 478
- Pages
- C74-C96
- ISSN
- 0013-0133 (ISSN-L)
- 1468-0297
- OpenAlex
- W2514325711
- Cited by
- 409
- References
- 8
- FWCI
- 57.39
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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