SOME NOVEL CHALLENGES IN AUCTION MARKET DESIGN

 

Paul Milgrom

introduced by Francesco Decarolis

Market design is a new frontier of economic research that involves inventing new sets of rules that deal with a wider range of challenges than are standard in economic theory. We introduce the problem and discuss one example in detail: the design of the US Incentive Auction, which transferred spectrum rights from TV broadcasters to providers of mobile broadband services.

Format
04 Fri - 19:30
Available services
Live On WEB
Simultanous translation