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  • Peter Cramton, Pacharasut Sujarittanonta
  • Economics, Computer Science
  • Decision Analysis
  • 2009 (First Publication: 1 March 2010)
  • We analyze a discrete clock auction with lowest-accepted-bid (LAB) pricing and provisional winners, as adopted by India for its 3G spectrum auction. In a perfect Bayesian equilibrium, the provisionalContinue Reading