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FUEL for 5g

Sep 10 2019

Auctionomics, working on behalf of the C-Band Alliance, has proposed a novel auction design called FUEL ("flexible use and efficient licensing") to sell rights to use the C-band for 5g. The design, proposed in June 2019, is a combinatorial design in which bidders can bid for between 0-9 licenses in each of 406 different geographic areas  ("partial economic areas") identified by the FCC. The new concept of "bid groups" makes it possible for any bidder to make a rich set of bids for many different packages of licenses in a compact way and for the auctioneer to solve an optimization problem to identify the winning bids from a vast set of possible combinations. A white paper describing the key details of the FUEL design is attached.

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Sep 10 2019
Auctionomics, working on behalf of the C-Band Alliance, has proposed a novel auction design called FUEL ("flexible use and efficient licensing") to sell rights to use the C-band for 5g. The design, proposed in June 2019, is a combinatorial design in which bidders can bid for between 0-9 licenses in...
Apr 19 2019
On April 12, 2019, Paul delivered the Robert Rosenthal Memorial lecture at Boston University. A video of that lecture is available here. 
May 1 2018
Paul Milgrom today was welcomed as the new chair of the economics section of the National Academy of Sciences. The Academy was created by President Abraham Lincoln to advise the United States on scientific matters. At its annual meeting, which ended yesterday, Paul was also a co-recipient of the...