Combinatorial Bidding Conference 2003

The Office of Strategic Planning and Policy Analysis and the Wireless Telecommunications Bureau - in conjunction with the Stanford Institute for Economic Policy Research and National Science Foundation hosted a conference on Combinatorial Bidding, November 21-23, 2003. This conference, conducted at the Aspen Institute's Wye Woods Conference Centers in Queenstown, Maryland, was a forum for some of the nation's experts in the economic science of auctions and the FCC's auctions program managers to share information, present papers, and discuss the FCC's auctions processes. The ultimate purpose of the conference was to help the FCC develop the best feasible methodology for large-scale package bidding auctions, both one-sided and two-sided.

Friday November 21

4:00 p.m. Check In 7:00 p.m. Dinner

Saturday November 22

7:30 - 8:30 Breakfast 8:30 - 8:45 Opening 8:45 - 10:15 Combinatorial Auction Design David Porter, Stephen Rassenti and Vernon Smith A Computationally Friendly Combinatorial Auction: Who Needs Wochnick When You Can Watch the Clock Tick? (pdf) Larry Ausubel Clock Auctions, Proxy Auctions, and Possible Hybrids (pdf) Discussant(s): Jeremy Bulow 10:15 - 10:45 Break 10:45 - 11:30 Session Walt Strack, Brett Tarnutzer and Melissa Dunford Building a Spectrum Auction System (pdf) 11:30 - 12:15 Karla Hoffman Issues in FCC Package Bidding Auction Design (pdf) Discussant(s): Richard Steinberg 12:15 - 1:45 Lunch - Keynote Speech John Muletta 1:45 - 2:30 Noam Nisan The Power and Limitations of Item-Price Combinatorial Auctions (pdf) Discussant(s): Illya Segal 2:30 - 3:15 Peter Wurman Computing Price Trajectories in Combinatorial Auctions With Proxy Bidding (pdf) Discussant(s): Rakesh Vohra 3:15 - 3:45 Break 3:45 - 5:15 Transitioning Spectrum to Efficient Use Evan Kwerel A Proposal for an FCC Exchange (pdf) Michael Rothkopf and Coleman Bazelon Interlicense Competition: Spectrum Deregulation without Confiscation or Giveaways (pdf) Paul Milgrom Voluntary Relocation of Spectrum Incumbents (pdf) Discussant(s): Greg Rosston 6:00 - 7:00 Reception 7:00 - 9:00 Dinner

Sunday November 23

7:30 - 8:30 Breakfast 8:30 - 9:15 David Parkes Towards Iterative Combinatorial Exchanges (pdf) (2.476 MB) Discussant(s): Jayant Kalagnanam 9:15 - 10:00 Tuomas Sandholm Winner Determination in Combinatorial Exchanges (pdf) 10:00 - 10:30 Break 10:30 - 12:00 What are the Best Designs for FCC Spectrum Auctions and Exchanges? Moderator: Kwerel Panel: Paul Milgrom, David Porter, Peter Cramton, David Parkes, Karla Hoffman 12:00 - 12:15 Closing 12:15 - 1:30 Lunch

 

Papers