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Full-Text Articles in Business

Collusive Bidding In The Fcc Spectrum Auctions, Peter Cramton, Jesse Schwartz May 2014

Collusive Bidding In The Fcc Spectrum Auctions, Peter Cramton, Jesse Schwartz

Jesse A. Schwartz

This paper describes the bid signaling that occurred in many of the FCC spectrum auctions. Bidders in these auctions bid on numerous spectrum licenses simultaneously, with bidding remaining open on all licenses until no bidder is willing to raise the bid on any license. Simultaneous open bidding allows bidders to send messages to their rivals, telling them on which licenses to bid and which to avoid. This “code bidding” occurs when one bidder tags the last few digits of its bid with the market number of a related license. We examine how extensively bidders signaled each other with retaliating bids …


Profitable Portale Durch Prozessorientierte Content- Und Kanalintegration - Beispiel Telekomunikation, Hubert Oesterle Dec 2001

Profitable Portale Durch Prozessorientierte Content- Und Kanalintegration - Beispiel Telekomunikation, Hubert Oesterle

Hubert Oesterle

No abstract provided.


Betriebliche Anwendungen Mobiler Technologien: Ubiquitous Commerce, Elgar Fleisch, Friedemann Mattern, Hubert Oesterle Dec 2001

Betriebliche Anwendungen Mobiler Technologien: Ubiquitous Commerce, Elgar Fleisch, Friedemann Mattern, Hubert Oesterle

Hubert Oesterle

No abstract provided.


A Comparative Analysis Of The Performance Of Emerging Versus Nonemerging Industry Initial Public Offerings, Todd A. Finkle, Reinhold Lamb Dec 2001

A Comparative Analysis Of The Performance Of Emerging Versus Nonemerging Industry Initial Public Offerings, Todd A. Finkle, Reinhold Lamb

Todd A Finkle

This study fills a gap in previous research by investigating differences between the short and long run aftermarket performance in a sample of emerging versus non-emerging industries. Utilizing the entire population of biotechnology, semiconductor, and Internet IPOs from 1993-1996 as a representative sample of emerging industries, this study found that emerging firms were significantly underpriced compared to a set of non-emerging IPOs.