Download This PaperThe Simultaneous Ascending Auction: Rules and Procedures
3 Pages Posted: 21 Oct 2008
Abstract
This note summarizes the most important rules of the simultaneous ascending auction. This auction type was pioneered in 1994 by the U.S. Federal Communications Commission for the sale of multiple airwave licenses. The objective of this auction type is to sell multiple objects to buyers who may, due to synergies, value specific packages or combinations of objects higher than the sum of the objects stand-alone values.
Keywords: quantitative analysis
Suggested Citation: Suggested Citation
Hild, Mathias, The Simultaneous Ascending Auction: Rules and Procedures. Darden Case No. UVA-QA-0676, Available at SSRN: https://ssrn.com/abstract=1284256 or http://dx.doi.org/10.2139/ssrn.1284256
Mathias Hild (Contact Author)
University of Virginia - Darden School of Business ( email )
P.O. Box 6550
Charlottesville, VA 22906-6550
United States
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