A review of radio spectrum combinatorial clock auctions

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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.identifier.bibliographicCitation Mochón, A., Sáez, Y. (2017). A review of radio spectrum combinatorial clock auctions. Telecommunications Policy, 41(5-6), pp. 303-324
dc.identifier.issn 0308-5961
dc.identifier.uri http://hdl.handle.net/10016/30801
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.
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.
dc.language.iso eng
dc.publisher Elsevier
dc.rights © 2016 Elsevier Ltd. All rights reserved.
dc.rights Atribución-NoComercial-SinDerivadas 3.0 España
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.other Transparency
dc.subject.other Spectrum auction
dc.subject.other Spectrum packaging policy
dc.subject.other Reserve price
dc.subject.other Demand limit
dc.subject.other Activity rules
dc.subject.other Pricing rule
dc.subject.other Combinatorial clock auction (Cca)
dc.title A review of radio spectrum combinatorial clock auctions
dc.type article
dc.subject.eciencia Informática
dc.identifier.doi https://doi.org/10.1016/j.telpol.2016.12.003
dc.rights.accessRights openAccess
dc.relation.projectID Gobierno de España. ENE2014-56126-C2-2-R
dc.type.version acceptedVersion
dc.identifier.publicationfirstpage 303
dc.identifier.publicationissue 5-6
dc.identifier.publicationlastpage 324
dc.identifier.publicationtitle TELECOMMUNICATIONS POLICY
dc.identifier.publicationvolume 41
dc.identifier.uxxi AR/0000020283
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