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The Simultaneous Ascending Auction: Rules and Procedures
Hild, Matthias Technical Note QA-0676 / Published January 16, 2006 / 2 pages. Collection: Darden School of Business
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Product Overview

This note summarizes the most important rules of the simultaneous ascending auction. This auction type was pioneered in 1994 by the U.S. Federal Communications Commission for the sale of multiple airwave licenses. The objective of this auction type is to sell multiple objects to buyers who may, due to synergies, value specific packages or combinations of objects higher than the sum of the objects' stand-alone values.




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  • Overview

    This note summarizes the most important rules of the simultaneous ascending auction. This auction type was pioneered in 1994 by the U.S. Federal Communications Commission for the sale of multiple airwave licenses. The objective of this auction type is to sell multiple objects to buyers who may, due to synergies, value specific packages or combinations of objects higher than the sum of the objects' stand-alone values.

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