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クロダ トシフミ
KURODA Toshifumi
黒田 敏史 所属 東京経済大学 経済学部 職種 准教授 |
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| 言語種別 | 英語 |
| 発行・発表の年月 | 2017/02/16 |
| 形態種別 | 論文（その他） |
| 査読 | 査読あり |
| 標題 | The effects of spectrum allocation mechanisms on market outcomes: Auctions vs beauty contests |
| 執筆形態 | 共著 |
| 掲載誌名 | Telecommunications Policy |
| 著者・共著者 | Maria del Pilar Baquero Forero |
| 概要 | This paper compares the evolution of seven key market outcomes in 47 countries after the allocation of mobile phone spectrum by auctions and beauty contests held from 2000 to 2008. Traditional auction theory predicts the merits of auction versus “beauty contests”. However, recent theoretical research shows that auctions impose selection and debt effects on the after-market competition that could harm consumers. We employ two semi-parametric estimators to determine the treatment effects and find that 3G mobile phone penetration rates among auctioning countries are 1.04–8.95% lower. Findings suggest that auctions, when used to raise public revenues, not only transfer profits to government but also sacrifice consumer surplus. |
| DOI | 10.1016/j.telpol.2017.01.006 |