Auction Design Information Session
Advancements in auction theory and design have led to the development of new auction formats and rules. Industry Canada has been examining these new developments in consideration of the upcoming 700 MHz and 2500 MHz auctions.
Industry Canada will sponsor a one-day information session on the proposed Combinatorial Clock Auction format for the upcoming 700 MHz spectrum auction. The session will focus only on auction design; policy issues will not be discussed.
The session will be beneficial to companies that intend to participate in Industry Canada's 700 MHz and 2500 MHz auctions.
Where / When:
The session will be held in Room 208 (Gatineau Salon) at the Ottawa Convention Centre on Wednesday, May 30, 2012, from 9:30 am to 3:30 pm.
Who Can Attend:
Space is limited, with priority being given to potential bidders. The Department reserves the right to limit the number of participants per company, if necessary. For interested participants who cannot attend in person, the event will be broadcast live over the Internet at http://webcasts.welcome2theshow.com/IndustryCanada.
As all times are approximate, please connect to the webcast 15 minutes prior to the start of each session to ensure you don’t miss any part of the presentation.
Agenda:
The agenda is as follows:
Howard Chatterton, Manager, Spectrum Operations, Industry Canada
Background and auction process overview
Bruna Santarossa, Manager, Spectrum Economic Analysis, Industry Canada
Overview of the auction design and rules
Professor Peter Cramton, Project Co-Director and Senior Auction Expert, Power Auctions
The mechanics of bidding, including preparation and submission of bids.
Professor Peter Cramton, Project Co-Director and Senior Auction Expert, Power Auctions
The critical details of how bids are translated into who wins what, and for what price.
Professor Peter Cramton, Project Co-Director and Senior Auction Expert, Power Auctions
Discussion of the activity rule, which encourages bidders to bid truthfully throughout the auction. This improves price and assignment discovery in the clock stage.
Registration Required:
While there is no fee for attending the session, interested participants must register by email no later than Monday, May 14, 2012.
How to Register:
To register or obtain further information, contact Pam King by email at spectrum.operations@ic.gc.ca. When registering, please provide the following:
Name:
Company Name:
Title or Job Function:
Email:
Telephone:
Allergies or Dietary Restrictions:
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