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SUMMARY:Current Practice in Combinatorial Auctions for Radio Spectrum - Ro
 bert Leese (Smith Institute)
DTSTART:20141021T130000Z
DTEND:20141021T140000Z
UID:TALK54003@talks.cam.ac.uk
CONTACT:Felix Fischer
DESCRIPTION:Over the past few years\, the explosion in mobile data service
 s  has brought into sharp focus the need for effective management of the r
 adio spectrum.  Most countries now adopt some sort of auction mechanism wh
 en allocating spectrum to mobile network operators.  The UK telecommunicat
 ions regulator\, Ofcom\, was one of the early pioneers in the implementati
 on of so-called combinatorial auctions\, which allow participants to place
  bids on packages of individual items.  As the underpinning theory and goo
 d practice in implementation have become more robust\, auctions have stead
 ily become more ambitious.  In this talk\, I will look at the key issues i
 n designing and delivering combinatorial auctions\, and show how the state
  of the art is still developing.
LOCATION:MR4\, Centre for Mathematical Sciences\, Wilberforce Road\, Cambr
 idge
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