Difference between revisions
spectrum-auctions
Status and infobox
- status:
—→ solved - tier:
—→ V3 - kind:
—→ problem - year:
—→ 1959 - statement:
—→ How should a government allocate interdependent licenses efficiently?
Source +20 −0
+---
+title: Selling the airwaves
+kind: problem
+status: solved
+tier: V3
+year: 1959
+statement: How should a government allocate interdependent licenses efficiently?
+space: collective-choice
+---
+Auction theory turned a political giveaway into a designed market that has raised hundreds of billions of dollars worldwide. Milgrom and Wilson received the 2020 economics Nobel. It is mechanism design, the engineering side of economics, working at scale.
+
+*Evidence tier V3 is the import default for a result the curation records as settled in the published record. No formal proof or certificate is attached to this page yet.*
+
+Closed 1994, simultaneous multiple-round auction, designed by Paul Milgrom and Robert Wilson.
+
+## Sources
+
+- [Wikipedia: Spectrum auction](https://en.wikipedia.org/wiki/Spectrum_auction)
+
+[[Space:collective-choice|Collective choice]] · [[Continent:society|Society]]
Revision 197 as rendered
Auction theory turned a political giveaway into a designed market that has raised hundreds of billions of dollars worldwide. Milgrom and Wilson received the 2020 economics Nobel. It is mechanism design, the engineering side of economics, working at scale.
Evidence tier V3 is the import default for a result the curation records as settled in the published record. No formal proof or certificate is attached to this page yet.
Closed 1994, simultaneous multiple-round auction, designed by Paul Milgrom and Robert Wilson.