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by dx034 3576 days ago
Very misleading title, especially for a scientific paper. While it was the biggest auction up to that date, a similar auction in Germany just a few months later had a significantly higher revenue, nearly twice as much as the British auction. [0] The paper was published in 2002, so the title was already incorrect when it was published.

[0] https://en.wikipedia.org/wiki/Spectrum_auction#Germany

2 comments

And after that, hopes for a big auction at your friendly neighborhood the Netherlands where high! Expecting similar numbers, the action became a big flop with just under 2.5bil euro's.
The paper acknowledges this right there in the first page (footnote 2).

"The German telecom auction subsequently raised even more in cash terms (although less per head of population) ..."