Maximizing Auction Results in The Form of Frequency Spectrum
DOI:
https://doi.org/10.46799/ajesh.v2i2.51Keywords:
Auction, frequency spectrum, auction theory, optimization, auction mechanism design, bidding competition policyAbstract
Auction Theory developed by Paul Milgrom and Robert Wilson is an innovation in the world of auctions, especially for intangible auction objects such as the frequency spectrum. Auction Theory plays an important role in providing the main idea regarding how frequency spectrum auctions are executed so that it can help generate optimal state revenues and allocate these limited natural resources into the hands of the right third-party companies. This analytical study aims to find out how the auction theory developed by the two figures works in auction practice, which mainly highlights how the theory solves several frequency spectrum auction problems so that it can be used as a basis for reference in setting frequency spectrum auction policies in Indonesia.
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