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Simultaneous Multiple Round Auction
business
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Milgrom
- In Paul Milgrom
…their best-known innovations, called the Simultaneous Multiple Round Auction (SMRA), was developed in the 1990s after the U.S. government had tried unsuccessfully to allocate radio frequency bands tied to specific geographic areas. In 1994, in its first use of the SMRA format, the Federal Communications Commission (FCC) auctioned off single…
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Wilson
- In Robert B. Wilson
…their best-known innovations, called the Simultaneous Multiple Round Auction (SMRA), was developed in the 1990s after the U.S. government had tried unsuccessfully to allocate radio frequency bands tied to specific geographic areas. In 1994, in its first use of the SMRA format, the Federal Communications Commission (FCC) auctioned off single…
Read More