Journal Article

Going once, going twice, sold: auctions and the success of economic theory

Abstract: It has been said that, \\"the value of anything is not what it cost to produce, but what you can get for it at an auction.\\" The U.S. government's proving just that with its auctioning off of telecommunication license.

Keywords: Federal Communications Commission; Auctions;

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: The Regional Economist

Publication Date: 1998

Issue: Jan

Pages: 10-11