The Swiss UMTS spectrum auction flop bad luck or bad design?

This paper gives an account of events, and explains some systematic reasons of the UMTS auction flop in Switzerland. Apart from general market developments, which could not have been anticipated, we argue that auction design which was introduced in England and adopted in Switzerland and elsewhere is...

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Bibliographische Detailangaben
1. Verfasser: Wolfstetter, Elmar (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: Munich Univ., Center for Economic Studies 2001
Schriftenreihe:CESifo working paper series 534
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