Comments on: Google and the FCC Spectrum Auction http://mindyourdecisions.com/blog/2008/04/05/google-and-the-fcc-spectrum-auction/ Articles on game theory and personal finance Sun, 20 May 2012 23:31:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Najmuddin Finkelstein http://mindyourdecisions.com/blog/2008/04/05/google-and-the-fcc-spectrum-auction/comment-page-1/#comment-6692 Najmuddin Finkelstein Wed, 16 Jun 2010 05:34:33 +0000 http://mindyourdecisions.com/blog/2008/04/05/google-and-the-fcc-spectrum-auction/#comment-6692 Now that Google has Android and Nexus One, it may start to seem they did not necessarily plan on losing the auction. Now that Google has Android and Nexus One, it may start to seem they did not necessarily plan on losing the auction.

]]> By: How to fix a broken bet – a puzzle - Mind Your Decisions http://mindyourdecisions.com/blog/2008/04/05/google-and-the-fcc-spectrum-auction/comment-page-1/#comment-6429 How to fix a broken bet – a puzzle - Mind Your Decisions Tue, 23 Mar 2010 04:58:44 +0000 http://mindyourdecisions.com/blog/2008/04/05/google-and-the-fcc-spectrum-auction/#comment-6429 [...] incentive but it is not uncommon. Two examples come to mind. First, a while back I wrote about how Google won by losing in the FCC spectrum auction. Second, Mike Shor has a wonderful piece about soccer teams that scored own goals on purpose to [...] [...] incentive but it is not uncommon. Two examples come to mind. First, a while back I wrote about how Google won by losing in the FCC spectrum auction. Second, Mike Shor has a wonderful piece about soccer teams that scored own goals on purpose to [...]

]]> By: Rooney http://mindyourdecisions.com/blog/2008/04/05/google-and-the-fcc-spectrum-auction/comment-page-1/#comment-3735 Rooney Fri, 28 Nov 2008 13:56:14 +0000 http://mindyourdecisions.com/blog/2008/04/05/google-and-the-fcc-spectrum-auction/#comment-3735 SO Google helped the auction about to rise above a certain value to get it bound to the conditions...And atlast AT&T an Verizon won the auction and is bound to "The Conditions". So what are these conditions, and what kind of good does it do to an "End User", like me.. Obviously, when they start using devices utilizing the 700MHz spectrum, its just another way to squeeze consumers necks for"for money, more money and more money"...Whether is is lack of competion or because we are just ridiculously dumb and have ridiculous priorities???..i dont know.. I used to be an At&T customer for many years.. A few years back, I traveled to asia..China, Singapre, Malaysia..the lot..The ridiculousness of our economy was simply opened to my eyes.. Fierce compettion exixs in there countries in the cellphone and service provider markets..Using cellphone is dirt cheap.. SMS is usually free.. Except for 1 or 2 relatively new providers who charge around 1Cent in MR..about .3 cents US..Not 3 cents...its .3 Cents..as in you need to send 333 sms to be charged a dollar. My "cheap cellphone plan" in US cost me around 5 cents per sms..a price 15 times higher than their asian counterparts.. In malaysia, i used to use a service provide called digi..sms was free, no charge for incoming calls.., calls i made in the city cost 4 cents per minute..no contract..it was prepaid, 24 hour customer service, except for the data plan, all services are free..eg.cal forwarding, call display, call block, and anything else your provider charges you for..well it was free..and its not just that company..all companies have relatively the same prices..maybe differing in 1 or 2 cents...not more..and i come back here and realize how much we are being throttled..ohh.. Please dont try and say that it is because of the economic difference...please.. economic ratio of say malasia is only 30%..means if we thing economically, a charge of more than 3 times is not possible..instead we are charged 20 times..and at most times, even more..Even worse can be said of out canadian counterparts...I look at them and swallow my hate... SO Google helped the auction about to rise above a certain value to get it bound to the conditions…And atlast AT&T an Verizon won the auction and is bound to “The Conditions”. So what are these conditions, and what kind of good does it do to an “End User”, like me.. Obviously, when they start using devices utilizing the 700MHz spectrum, its just another way to squeeze consumers necks for”for money, more money and more money”…Whether is is lack of competion or because we are just ridiculously dumb and have ridiculous priorities???..i dont know.. I used to be an At&T customer for many years.. A few years back, I traveled to asia..China, Singapre, Malaysia..the lot..The ridiculousness of our economy was simply opened to my eyes.. Fierce compettion exixs in there countries in the cellphone and service provider markets..Using cellphone is dirt cheap.. SMS is usually free.. Except for 1 or 2 relatively new providers who charge around 1Cent in MR..about .3 cents US..Not 3 cents…its .3 Cents..as in you need to send 333 sms to be charged a dollar. My “cheap cellphone plan” in US cost me around 5 cents per sms..a price 15 times higher than their asian counterparts.. In malaysia, i used to use a service provide called digi..sms was free, no charge for incoming calls.., calls i made in the city cost 4 cents per minute..no contract..it was prepaid, 24 hour customer service, except for the data plan, all services are free..eg.cal forwarding, call display, call block, and anything else your provider charges you for..well it was free..and its not just that company..all companies have relatively the same prices..maybe differing in 1 or 2 cents…not more..and i come back here and realize how much we are being throttled..ohh..
Please dont try and say that it is because of the economic difference…please.. economic ratio of say malasia is only 30%..means if we thing economically, a charge of more than 3 times is not possible..instead we are charged 20 times..and at most times, even more..Even worse can be said of out canadian counterparts…I look at them and swallow my hate…

]]> By: Presh Talwalkar http://mindyourdecisions.com/blog/2008/04/05/google-and-the-fcc-spectrum-auction/comment-page-1/#comment-1278 Presh Talwalkar Tue, 08 Apr 2008 07:16:39 +0000 http://mindyourdecisions.com/blog/2008/04/05/google-and-the-fcc-spectrum-auction/#comment-1278 <b><em>Michael Cardus</b></em>: You raise some great questions about Google's strategy. What I understand--from talking to a professor who helped design the auction--is that bids are real-time and there is some information about who's getting what. It's sort of like an Ebay auction where you can see the winning bid. It seems like Google bid on the same license even when it was the highest bidder--this is not allowed in Ebay (a seller could bids on its own item until the buyer reserves were reached). I did read that Google hired game theorists, and clearly, it shows! Michael Cardus: You raise some great questions about Google’s strategy. What I understand–from talking to a professor who helped design the auction–is that bids are real-time and there is some information about who’s getting what. It’s sort of like an Ebay auction where you can see the winning bid.

It seems like Google bid on the same license even when it was the highest bidder–this is not allowed in Ebay (a seller could bids on its own item until the buyer reserves were reached).

I did read that Google hired game theorists, and clearly, it shows!

]]> By: michael cardus http://mindyourdecisions.com/blog/2008/04/05/google-and-the-fcc-spectrum-auction/comment-page-1/#comment-1273 michael cardus Mon, 07 Apr 2008 11:40:00 +0000 http://mindyourdecisions.com/blog/2008/04/05/google-and-the-fcc-spectrum-auction/#comment-1273 This is very interesting - Google or any other powerful organization articifically shows interest while on the sidelines having an alternative strategy. I wonder what would have happened if google won? would they have sold it to the highest bidder or kept the prize. How were they sure they would not win? Who did win the biddingg? This is very interesting – Google or any other powerful organization articifically shows interest while on the sidelines having an alternative strategy. I wonder what would have happened if google won? would they have sold it to the highest bidder or kept the prize.
How were they sure they would not win?
Who did win the biddingg?

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