Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/66871 
Year of Publication: 
2012
Series/Report no.: 
CESifo Working Paper No. 3983
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
Recently, the combinatorial clock auction has become more and more common in the auctioning of telecommunication licenses. Although the auction design is complex, the promise is that bidding becomes simple - truthtelling is close to optimal. We show that this claim is too strong. The auction entails several strategic complexities which make bidding non-trivial.
Subjects: 
combinatorial clock auction
JEL: 
D44
L96
Document Type: 
Working Paper
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