Research Article
Efficiency, Auctioneer Revenue, and Bidding Behavior in the Combinatorial Clock Auction
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@INPROCEEDINGS{10.1007/978-3-642-30913-7_10, author={Martin Bichler and Pasha Shabalin and J\'{y}rgen Wolf}, title={Efficiency, Auctioneer Revenue, and Bidding Behavior in the Combinatorial Clock Auction}, proceedings={Auctions, Market Mechanisms, and Their Applications. Second International ICST Conference, AMMA 2011, NewYork, NY, USA, August 22-23, 2011, Revised Selected Papers}, proceedings_a={AMMA}, year={2012}, month={10}, keywords={}, doi={10.1007/978-3-642-30913-7_10} }- Martin Bichler
Pasha Shabalin
Jürgen Wolf
Year: 2012
Efficiency, Auctioneer Revenue, and Bidding Behavior in the Combinatorial Clock Auction
AMMA
Springer
DOI: 10.1007/978-3-642-30913-7_10
Abstract
The Combinatorial Clock Auction (CCA) is a two-phase auction format which was designed for high efficiency and to incentivize truthful bidding. The auction has recently been used for spectrum sales in a number of countries. In this study we experimentally analyze the performance of the CCA in comparison to the Simultaneous Multi-Round Auctions (SMRA), which was used for spectrum sales worldwide for more than 15 years.
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