首页 | 本学科首页   官方微博 | 高级检索  
     


Up in the Air: GTE's Experience in the MTA Auction for Personal Communication Services Licenses
Authors:David J. Salant
Affiliation:Law &Economics Consulting Group 2000 Powell, Suite 600 Emoryville, CA 94608.
Abstract:In late 1994, GTE, one of the largest telecommunications firms in the world, entered an auction for the rights to provide personal communications services (PCS) using the electromagnetic spectrum. The administering agency, the Federal Communications Commission, adopted a novel multiple-round format for the PCS auction. The format presented GTE with a complex bidding problem. This article describes how the GTE bidding team answered the following question: Given its budget and valuations and the information available about rival bidders, how should GTE bid to achieve the best attainable outcome?
Keywords:
设为首页 | 免责声明 | 关于勤云 | 加入收藏

Copyright©北京勤云科技发展有限公司  京ICP备09084417号