NERA Economic Consulting

richard.marsden@nera.com
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Education

MA with distinction in international political economy, University of Warwick, United Kingdom
BA in economics and international relations, University of Warwick, United Kingdom

Experience

Mr. Marsden has more than 12 years of experience in microeconomics, political economy, and business consulting. He has managed projects on regulation, competition, public policy, and business strategy for a diverse client base, including regulators and private companies in more than 25 countries across Europe, Asia, Africa, and the Americas. He has particular expertise in auctions and in applying economics to the telecommunications and media sectors. Many of his recent projects have involved policy advice, auction design, software implementation, and bidder support related to the current wave of spectrum awards worldwide.

Mr. Marsden has undertaken auction projects across a wide range of sectors, including airport slots, broadcasting, mobile telephony, power generation and renewables, retail sites, and wireless broadband. His project experience includes the design and implementation of combinatorial auctions (both multiple-round and sealed bid) for radio spectrum in Denmark, Ireland, the Netherlands, Nigeria, and the UK, and SMR auctions in Hong Kong and Norway. He has provided strategy advice to bidders in spectrum auctions worldwide, including Canada (AWS, 2008 and PCS, 2001), Finland (2.6GHz, 2009), and 3G/cellular mobile awards in Egypt, Germany, Ireland, Italy, the Netherlands, Switzerland, Taiwan, and the UK.

Prior to joining NERA, Mr. Marsden was a Director and Managing Consultant at DotEcon, where he focused on auctions, public policy, and strategy projects. While there, he regularly managed projects involving teams of programmers, econometricians, academics, and technology consultants. Notably, he managed the project teams advising Ofcom on UK spectrum auctions between 2005 and 2010. He also completed major studies for the European Commission on allocation of the digital dividend, and on spectrum trading and liberalization. Previously, he worked for Oxford Analytica as an editor and consultant.
 
Mr. Marsden presents and publishes frequently on the topics of spectrum management and allocation. He is the co-author of a book on broadband regulation (Springer, 2005). He holds an MA with distinction in international political economy and a BA in economics and international relations from the University of Warwick, United Kingdom.