NERA Economic Consulting

Auctions

NERA is a leading global advisor to government agencies and private-sector companies on the design and implementation of auctions and bidding processes for procurement. We also advise bidders on bid strategy for high stakes auctions and on responses to government consultations on award processes. Our consultants have design and strategy experience with all types of auction formats, including sealed bids, simultaneous multiple round auctions, ascending and descending clock auctions, and combinatorial bidding. Our advice is grounded in a thorough understanding of the academic literature on game theory, and practical experience with all aspects of auction implementation and bidding.

Our auction advisory work spans many industry sectors. NERA pioneered the use of auctions to procure energy for retail customers from existing market resources. We administer solicitations that encourage the development of solar energy. In radio spectrum, our consultants work around the world to implement awards of frequency licenses for mobile telephony, wireless broadband, and other communication services. We are also experts in adapting auction formats to other products and uses, such as airport slots, financial instruments, procurement and trading platforms, and universal service subsidies.

NERA provides auction advice in three primary areas:

  • Market design. We create new market processes, such as auctions and trading systems, to replace administrative procedures or negotiation practices, or to address specific regulatory and competition objectives. Our solutions can greatly improve market efficiency, cutting transaction costs for both buyers and sellers, and encouraging competition by reducing barriers to entry.
  • Auction design and implementation. We advise on the choice of auction format, the packaging of items being sold or procured, and all aspects of the bidding rules and procedures. Where required, we offer full service solutions, including industry analysis, marketing, organizing consultation processes, administering applications, and running the auction. We also procure best-in-class software to run auctions.
  • Bidder support. We advise bidders through all phases of the auction process: helping clients provide input to regulators on auction design and rules, educating the client about the nature of the auction, and providing strategic and logistical help in developing and implementing a bidding strategy. NERA experts typically provide on-site support to clients throughout each auction. We also offer software solutions for training bid teams and tracking complex auctions.
Name Title Location Phone Email
Dr. Christian Dippon Senior Vice President
Co-Chair, Communications, Media, and Internet Practice
Washington, DC
San Francisco
Geneva
+1 202 466 9270
+1 415 291 1044
+41 22 819 94 94
christian.dippon@nera.com
Dr. Chantale LaCasse Senior Vice President
Energy, Environment, and Network Industries Practice Chair
Washington, DC
Toronto
+1 202 466 9218
+1 416 868 7314
chantale.lacasse@nera.com
Eugene Meehan Senior Vice President Washington, DC +1 202 466 9287 gene.meehan@nera.com
James Mellsop Director Auckland
Wellington
Sydney
+64 9 928 3290
+64 4 819 2550
+61 2 8864 6500
james.mellsop@nera.com
Benjamin Chee Vice President New York City +1 212 345 0091 benjamin.chee@nera.com
Richard Marsden Vice President New York City
London
+1 212 345 3000
+44 20 7659 8618
richard.marsden@nera.com
Amparo Nieto Vice President Los Angeles +1 213 346 3041 amparo.nieto@nera.com
Dr. Soren Tang Sorensen Senior Consultant London +44 7775 018622 soren.sorensen@nera.com
Title Type Author
US AWS-3 Spectrum Auction: Back to Basics in Auction Design White Paper By Richard Marsden and Jonathan Pike
US 600MHz Incentive Auction: Reverse Auction Rules & Forward Auction Rules Topic By Richard Marsden and Jonathan Pike
Local and Regional Licensing for the US 600 MHz Band (Incentive Auction) Report By Richard Marsden, Dr. Chantale LaCasse, and Jonathan Pike
Global Trends in Spectrum Auctions and Implications for the Americas Presentation By Dr. Chantale LaCasse and Richard Marsden
Regulatory Policy Goals and Spectrum Auction Design: Lessons from the Canadian AWS Au... Report By Christian Dippon
California's Resource Adequacy Mechanism Presentation By Amparo Nieto
Portable Entitlements: Unlikely to Resolve Transition Dilemma Published Article By Dr. Hethie Parmesano
The Google IPO Auction: Bidding Strategies for Institutional Investors Brief By Dr. Soren Tang Sorensen with former NERA Associate Director Dr. Philip Kalmus
Central Resource Adequacy Markets For PJM, NY-ISO AND NE-ISO Report By Dr. Chantale LaCasse and Eugene Meehan with former NERA Associate Director Dr. Philip Kalmus and Dr. Bernard Neenan of Neenan and Associates
Comments on the Presentation of Mason Communications to the BFWA Consultative Group o... Report By Dr. Soren Tang Sorensen with former NERA Associate Director Dr. Philip Kalmus