Arguments for Bidder Exclusion Rules Remain Weak and Inconsistent…
Posted on byLast week, the Phoenix Center released my Perspective entitled Will Bidder Exclusions Increase Auction Revenue? A Review of the Arguments, which assessed the arguments being made about the revenue consequences of excluding AT&T and Verizon from the upcoming broadcast spectrum incentive auction. While a number of parties have claimed that such exclusions can enhance auction revenues, I show in my Perspective that the economic theories they rely upon do not support the claim. In fairness, Sprint, T-Mobile, and others are quick to note that they are not proposing to exclude the two most successful carriers completely, but rather are proposing Continue Reading »