Auctions

Auction Design & Implementation

Auction Design & Implementation

NERA has a long track record of successful design and implementation of auction processes, both for government agencies and companies in the private sector. Our auction experts work across industry sectors, using techniques derived from running and observing many hundreds of auctions, as well as academic research on auctions and game theory. Our experts are familiar with all types of auction formats, and have often been involved in developing new rules for innovative formats, such as the descending clock auction and the combinatorial clock auction.

We are experienced with every aspect of the auction process, from product design and marketing through to detailed bidding rules and software implementation. Our experts can advise on specific aspects of an award process, or organize the entire process on behalf of a client. We can also provide independent reviews of existing processes run by other parties.

The types of services that we offer include:

  • Auction project management.
  • Industry modeling and benchmarking.
  • Product design, including the packaging of available items and associated terms and conditions.
  • Auction format, bidding rules, and procedures.
  • Marketing and awareness raising, including drafting the information memorandum or auction prospectus.
  • Software design, testing, and training.
  • Developing consultation processes and running bidder seminars.
  • Running the auction, including administering bidder applications and qualification, and taking on the role of auctioneer.
Name Title Location Phone Email
Dr. Christian Dippon Managing Director
Chair of NERA's Global Energy, Environment, Communications & Infrastructure Practice
Washington, DC
San Francisco
+1 202 466 9270
+1 415 291 1044
christian.dippon@nera.com
Dr. Chantale LaCasse Managing Director Washington, DC
Toronto
+1 202 466 9218
+1 416 868 7314
chantale.lacasse@nera.com
Richard Marsden Managing Director New York City
London
+1 212 345 3000
+44 20 7659 8618
richard.marsden@nera.com
Benjamin Chee Director New York City +1 212 345 0091 benjamin.chee@nera.com
Dr. Soren Tang Sorensen Associate Director London +44 7775 018622 soren.sorensen@nera.com
Eugene Meehan Affiliated Consultant Washington, DC +1 202 466 9287 gene.meehan.affiliate@NERA.com
Title Type Author
Strategic Bidding in Combinatorial Clock Auctions – A Bidder Perspective Book By Richard Marsden and Dr. Soren Tang Sorensen
Method or Madness: Insights from Germany’s Record-Breaking Offshore Wind Auction and ... White Paper By Dominik Hübler, Daniel Radov, and Lorenz Wieshammer
The Impact of High Spectrum Costs on Mobile Network Investment and Consumer Prices White Paper By Richard Marsden, Hans-Martin Ihle, and Peter Traber
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
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