Auctions

Bidder Support in Auctions

Bidder Support in Auctions

NERA consultants have advised bidders in auctions across many different industry sectors and countries. Because we are experts in auction design, we understand the risks that bidders are exposed to under specific auction formats and rules, and the ways of mitigating them.

We are typically engaged for high stakes auctions where bidders face either complex rules or strategic complexity in determining their bid levels and tactics. Even apparently simple auction formats, such as sealed bids or ascending bid processes, often create strategic challenges for bidders, as the best bid strategy may depend on the behavior of rivals. We use tools such as game theory and probability analysis to help our clients develop optimal strategies and react flexibly to rivals. We are adept at explaining complex rules, picking out flaws in design, and identifying strategic risks and opportunities.

The types of services that we offer include:

  • Management of bid processes, including drafting responses to auction documents such as government consultations and company RFQs.
  • License or product valuation and price benchmarking.
  • Competitor analysis.
  • Developing and executing a bid strategy.
  • Provision of software for training the bid team and for tracking complex auctions.
  • Advice on bid team logistics and internal governance processes.
  • Real-time strategy advice and related support to the bid team throughout the auction.
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
Richard Marsden Managing Director New York City
London
+1 212 345 3000
+44 20 7659 8618
richard.marsden@nera.com
James Mellsop Managing Director Auckland
Wellington
Sydney
+64 9 928 3290
+64 4 819 2550
+61 2 8864 6536
james.mellsop@nera.com
Dr. Soren Tang Sorensen Associate Director London +44 7775 018622 soren.sorensen@nera.com
Title Type Author
Strategic Bidding in Combinatorial Clock Auctions – A Bidder Perspective Book By Richard Marsden and Dr. Soren Tang Sorensen
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
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
Developing a Capacity Payment Mechanism in Italy Published Article By Hamish Fraser and Dr. Francesco Lo Passo
US Blackout Illuminates Problems Published Article By Hamish Fraser
Retroactive Retrograde Retreat: Keeping FERC in the Generation Pricing Business Forev... Published Article By Jonathan Falk