Spectrum Auctions: Designing Markets to Benefit the Public, Industry and the Economy—Geoffrey Myers (London, U.K.: LSE Press, 2023, 314 pp.)

Abstract

Spectrum auctions are an important area of public policy that has attracted widespread attention not only among scholars but also the general public. Some milestones are the first spectrum auctions in the United States, in 1994, the high revenue auctions of “3G spectrum” in the United Kingdom and Germany at the turn of the millennium, and the award of the Nobel Memorial Prize in Economic Sciences to Robert Wilson and Paul Milgrom in 2020, in part, for developing new formats used in spectrum auctions.