NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Measuring the Efficiency of an FCC Spectrum Auction

Patrick Bajari, Jeremy T. Fox

NBER Working Paper No. 11671
Issued in October 2005

---- Acknowledgements -----

Fox would like to thank the NET Institute, the Olin Foundation and the NSF, grant 0721036, for financial support. Bajari thanks the National Science Foundation, grants SES-0112106 and SES-0122747 for financial support. Thanks to helpful comments from Christopher Adams, Susan Athey, Lawrence Ausubel, Timothy Conley, Peter Cramton, Nicholas Economides, Philippe Fevrier, Matthew Gentzkow, Philip Haile, Ali Hortacsu, Robert Jacques, Jonathan Levin, Paul Milgrom, Harry Paarsch, Ariel Pakes, Robert Porter, Philip Reny, Bill Rogerson, Gregory Rosston, John Rust, Andrew Sweeting, Chad Syverson and Daniel Vincent. Thanks also to seminar participants at Chicago, CIRANO, Duke, the IIOC, Iowa, Maryland, Michigan, MIT, the NBER, the NET Institute, Northwestern, SITE, UCLA and Washington University. Thanks to Peter Cramton for sharing data on license characteristics, to David Porter for sharing data on experimental auctions, to Todd Schuble for help with GIS software, and to Chad Syverson for sharing data on airline travel. Excellent research assistance has been provided by Luis Andres, Wai-Ping Chim, Stephanie Houghton, Dionysios Kaltis, Ali Manning, Denis Nekipelov, David Santiago and Connan Snider.

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