On Framework and Hybrid Auction Approach to the Spectrum Licensing Procedure

TL;DR

This paper presents a comprehensive framework for spectrum licensing procedures, analyzing various options and proposing a hybrid auction mechanism that combines strengths of existing methods.

Contribution

It introduces a new hybrid multiple round auction mechanism by integrating the advantages of two widely used spectrum auction methods.

Findings

Analysis of different spectrum licensing issues and options

Impact assessment of licensing options on procedures

Proposal of a hybrid auction mechanism

Abstract

Inspired by the recent developments in the field of Spectrum Auctions, we have tried to provide a comprehensive framework for the complete procedure of Spectrum Licensing. We have identified the various issues the Governments need to decide upon while designing the licensing procedure and what are the various options available in each issue. We also provide an in depth study of how each of this options impact the overall procedure along with theoretical and practical results from the past. Lastly we argue as to how we can combine the positives two most widely used Spectrum Auctions mechanisms into the Hybrid Multiple Round Auction mechanism being proposed by us.