Spectrum Auctions: Designing markets to benefit citizens, taxpayers, industry and the economy

— —

Geoffrey Myers

Spectrum Auctions

Designing markets to benefit citizens, taxpayers, industry and the economy

Geoffrey Myers

$55.95 $47.59

Paperback

Not in-store but you can order this
How long will it take?

Availability Information

We source books from suppliers in Australia and overseas. For books we don't currently have in stock, the time it takes to get them from our suppliers can vary widely - from a few days to a few months - so we check each book with each supplier to determine the expected time it will take to be supplied to us.

We then advise you accordingly. If the time taken to get any book is too long for you, you can let us know and we will cancel or adjust your order, and refund as required.

To find out the anticipated arrival time for specific items prior to ordering, please contact us by phone or email:

Phone +61 2 9264 3111, or 1800 4 BOOKS (1800 4 26657) if outside Sydney:
option 1 Abbey's Bookshop (Crime, History, Science, Kids & more) • info@abbeys.com.au
option 2 Language Book Centre (ESL & Foreign Languages) • language@abbeys.com.au
option 3 Galaxy Bookshop (Sci-fi, Fantasy, Romance, Graphic Novels) • sf@galaxybooks.com.au

QTY:

English

LSE Press
28 February 2023

Public administration; Information technology industries; Communications engineering & telecommunications

Access to the radio spectrum is vital for modern digital communication. It is an essential component for smartphone capabilities, the Cloud, the Internet of Things, autonomous vehicles, and multiple other new technologies. Governments use spectrum auctions to decide which companies should use what parts of the radio spectrum. Successful auctions can fuel rapid innovation in products and services, unlock substantial economic benefits, build comparative advantage across all regions, and create billions of dollars of government revenues. Poor auction strategies can leave bandwidth unsold and delay innovation, sell national assets to firms too cheaply, or create uncompetitive markets with high mobile prices and patchy coverage that stifles economic growth. Corporate bidders regularly complain that auctions raise their costs, while government critics argue that insufficient revenues are raised. The cross-national record shows many examples of both highly successful auctions and miserable failures.

Drawing on experience from the UK and other countries, senior regulator Geoffrey Myers explains how to optimise the regulatory design of auctions, from initial planning to final implementation. Spectrum Auctions offers unrivalled expertise for regulators and economists engaged in practical auction design or company executives planning bidding strategies. For applied economists, teachers, and advanced students this book provides unrivalled insights in market design and public management. Providing clear analytical frameworks, case studies of auctions, and stage-by-stage advice, it is essential reading for anyone interested in designing public-interested and successful spectrum auctions.

By: Geoffrey Myers
Imprint: LSE Press
Country of Publication: United Kingdom
ISBN: 9781911712022
ISBN 10: 1911712020
Pages: 314
Publication Date: 28 February 2023
Audience: Professional and scholarly , College/higher education , Adult education , Undergraduate , Further / Higher Education
Format: Paperback
Publisher's Status: Active

Geoffrey Myers is Visiting Professor in Practice at the London School of Economics and Political Science. He previously worked in the public sector for regulatory agencies, including at Ofcom (the UK's regulator for telecommunications, broadcasting, post, and spectrum) for 25 years as Director of Competition Economics, and at the UK's Office of Fair Trading and the Jamaican Office of Utilities Regulation.

Reviews for Spectrum Auctions: Designing markets to benefit citizens, taxpayers, industry and the economy

A comprehensive and practical guide to an under-rated policy tool.' - Tim Harford, author of The Undercover Economist 'Geoff Myers was a pioneer in bringing market-like processes into government-controlled resource allocation, and this book highlights the necessary details for getting those processes right.' - Professor Paul Milgrom, Stanford University 'Based on the author's huge experience in spectrum auction design and policy development, this valuable book is essential reading for any practitioner working in the field.' - Professor Paul Klemperer, University of Oxford