November 21-23, 2003

Combinatorial Bidding Conference

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



Integrated Spectrum Auction System Briefing Sheet

A Proposal For a Rapid Transition to Market Allocation of Spectrum

Evan Kwerel and John Williams

Combinatorial Interlicense Competition: Spectrum Deregulation without Confiscation or Giveaways

Michael H. Rothkopf and Coleman Bazelon

Combinatorial Auction Design

David Porter, Stephen Rassenti, Anil Roopnarine, and Vernon Smith

Computing Price Trajectories in Combinatorial Auctions with Proxy Bidding

Jie Zhong, Gangshu Cai, and Peter R. Wurman

On Ascending Vickrey Auctions For Heterogeneous Objects

Sven de Vries, James Schummer, and Rakesh V. Vohra
Friday, May 21, 2004