Auction & Market Design
Both sides of high-stakes allocation: designing auctions and markets for government, and valuing and bidding for the participants, from spectrum to other scarce resources.
When a government allocates spectrum, power capacity or a concession, the rules of the allocation decide who wins, what the state receives and how the market performs for years afterwards. For bidders, the same rules decide what to bid and when to stop. VA Partners works on both sides of that problem.
For regulators and ministries, we design auction formats, reserve prices, eligibility rules and spectrum caps, and the legal rules that make the outcome enforceable. For bidders, we build valuation models, simulate rivals' behavior and develop bidding strategies for single-band and multiband auctions. We apply the same methods to electricity markets, renewable capacity allocation and infrastructure concessions.
Our partners have advised governments and bidders on spectrum and other auctions in more than ten countries, and combine game theory and econometrics with practical knowledge of how auctions are run.
SERVICES
Auction Strategy
Valuation and bidding strategy for participants in spectrum and other high-stakes auctions.
Valuation of spectrum licenses and other assets
Bidding strategy for single-band and multiband auctions
Auction simulation and modeling of rival bidders
Strategy for incentive and clock auctions
Post-auction evaluation
Market Design
Design of auctions and allocation mechanisms for governments and regulators.
Auction formats and reserve prices
Eligibility rules and spectrum caps
Allocation rules and licensing
Electricity market design and renewable capacity allocation
Concession and procurement design
Training for regulators
SELECTED MATTERS
Market design
Led the design of Thailand's 3G, 4G and 5G spectrum auctions.
Advised on spectrum auction design and licensing rules in Thailand and abroad, including the 700 MHz, 1800 MHz, 2.1 GHz and 26 GHz bands.
Supported energy regulators on wholesale electricity market structures and renewable capacity allocation.
Advised on auction mechanisms for public-private partnership and infrastructure concessions.
Auction strategy
Advised bidders on strategy in spectrum auctions in the United States, the United Kingdom, Canada, Australia, Germany, Italy, Portugal and Taiwan.
Conducted auction simulations and developed bidding strategies for multiband and incentive auctions.
FEATURED
Designing an auction, or bidding in one?
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