| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3593 |
| DP3593 Efficient Market Hypothesis and Forecasting | |
| Henry Allan Timmermann; Clive Granger | |
| 发表日期 | 2002-10-20 |
| 出版年 | 2002 |
| 语种 | 英语 |
| 摘要 | I suggest explanations for the apparently puzzling bidding in the year 2000 British and German 3G telecom auctions. Relative-performance maximisation may have been important, but the outcome of the British auction seems to have been efficient. This paper bundles my comments on two papers presented at the December 2001 CES Ifo conference on the telecom auctions. (For those readers new to the subject, I recommend first reading ?How (Not) to Run Auctions: the European 3G Telecom Auctions? European Economic Review 2002 and at www.paulklemperer.org and ?The Biggest Auction Ever: the Sale of the British 3G Telecom Licenses? Economic Journal 2002 and also at www.paulklemperer.org.) |
| 主题 | Industrial Organization |
| 关键词 | Auctions Telecommunications Spectrum auctions 3g Umts Bidding |
| URL | https://cepr.org/publications/dp3593 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532600 |
| 推荐引用方式 GB/T 7714 | Henry Allan Timmermann,Clive Granger. DP3593 Efficient Market Hypothesis and Forecasting. 2002. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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