Tuesday, November 27, 2012
Posted by D. Daniel Sokol
Peter Cramton (Economics Department, University of Maryland), Evan Kwerel (FCC), Gregory Rosston (Stanford), Andrzej Skrzypacz (Stanford) explain Using Spectrum Auctions to Enhance Competition in Wireless Services.
ABSTRACT: Spectrum auctions are used by governments to assign and price licenses for wireless communications. Effective auction design recognizes the importance of competition, not only in the auction, but in the downstream market for wireless communications. This paper examines several instruments regulators can use to enhance competition and thereby improve market outcomes.