A review of radio spectrum combinatorial clock auctions

Mochón, Asunción; Sáez Achaerandio, Yago

Publication:
A review of radio spectrum combinatorial clock auctions

dc.affiliation.dpto	UC3M. Departamento de Informática	es
dc.affiliation.grupoinv	UC3M. Grupo de Investigación: Computación Evolutiva y Redes Neuronales (EVANNAI)	es
dc.contributor.author	Mochón, Asunción
dc.contributor.author	Sáez Achaerandio, Yago
dc.date.accessioned	2020-09-07T09:33:19Z
dc.date.available	2020-09-07T09:33:19Z
dc.date.issued	2017-06-01
dc.description.abstract	This paper surveys a decade of Combinatorial Clock Auctions (CCAs) to allocate radio spectrum licenses from their inception to 2016. Although all CCAs share a common structure (first an allocation stage and then, an assignment stage), regulators have tailored key variables depending on their spectrum policies and market structures. We identify these variables, such as. spectrum packaging policy, reserve price, demand limit, activity rule, transparency and pricing rule. We also analyze the different ways in which regulators can design them along with their implications. This theoretical work is accompanied by a review of the practical implementation decisions in each actual auction and final outcomes. Although all the information is public, it is not easy to find because it is highly disaggregated. Finally, after having identified advantages and disadvantages in this auction model, we present some proposals to improve the actual mechanism.	en
dc.description.sponsorship	This article has been partially funded by the Ministry of Science and Innovation (Spain), under the project reference number ENE2014 56126 C2 2 R.	en
dc.identifier.bibliographicCitation	Mochón, A., Sáez, Y. (2017). A review of radio spectrum combinatorial clock auctions. Telecommunications Policy, 41(5-6), pp. 303-324	es
dc.identifier.doi	https://doi.org/10.1016/j.telpol.2016.12.003
dc.identifier.issn	0308-5961
dc.identifier.publicationfirstpage	303
dc.identifier.publicationissue	5-6
dc.identifier.publicationlastpage	324
dc.identifier.publicationtitle	TELECOMMUNICATIONS POLICY	en
dc.identifier.publicationvolume	41
dc.identifier.uri	https://hdl.handle.net/10016/30801
dc.identifier.uxxi	AR/0000020283
dc.language.iso	eng	es
dc.publisher	Elsevier	en
dc.relation.projectID	Gobierno de España. ENE2014-56126-C2-2-R	es
dc.rights	© 2016 Elsevier Ltd. All rights reserved.	es
dc.rights	Atribución-NoComercial-SinDerivadas 3.0 España	*
dc.rights.accessRights	open access	es
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/es/	*
dc.subject.eciencia	Informática	es
dc.subject.other	Transparency	en
dc.subject.other	Spectrum auction	en
dc.subject.other	Spectrum packaging policy	es
dc.subject.other	Reserve price	en
dc.subject.other	Demand limit	en
dc.subject.other	Activity rules	en
dc.subject.other	Pricing rule	en
dc.subject.other	Combinatorial clock auction (Cca)	en
dc.title	A review of radio spectrum combinatorial clock auctions	en
dc.type	research article	*
dc.type.hasVersion	AM	*
dspace.entity.type	Publication