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Workshop 2 - Live Simulation of a Spectrum Auction

Coordinated with Specure by Alladin IT, the post-conference workshop will follow on from the theoretical issues relating to spectrum auction discussed in workshop 1, and provide delegates with an opportunity to now put this into practice by taking part in auction scenarios as representatives of a telecommunications operator.

Participants will compete with each other, which will provide insight into the philosophy, strategy and specifics of both SMRA and CCA auction formats.

Workshop Description

Following on from the theory discussed in Workshop 1, this workshop will deliver a practical demonstration on auction strategy and an opportunity to get in touch with the topic on a less theoretical basis.

After an initial recap and theoretical introduction regarding the differences in the auction formats and transparency levels, the workshop will provide participants with the opportunity to participate in a live auction simulation using Specure software. Each bidder will be implementing his company’s strategy for a frequency auction. The participants will get a chance to directly experience the differences in SMRA and CCA as outcomes can possibly be different even when following the same strategic objective.

Agenda

08:30 – 09:00 Registration and Welcome Coffee

09:00 - 10:00 Introduction: Comparison of major auction formats, and lessons learned in past auctions

10:00 – 10:15  Morning Break

10:15 - 11:30 Preparing for auction simulation

• Explaining auction scenarios and participant profiles.
• Practical instructions – operating the auction software.

 11:30 - 12:15  Lunch

A chance for the participants to discuss the results of the SMRA auction with us.

12:15 – 13:45 Hands-on Simulation

SMRA auction

 Each participant of the workshop will take part in the simulated auction as a fictitious telecommunication operator.

13:45 - 14:00  Afternoon Break

14:00 - 15:30  Hands-on Simulation

CCA auction

 Each participant of the workshop will take part in the simulated auctionas a fictitious telecommunication operator.

15:30 - 16:00  Coffee break / evaluation of the auctions

The Specure team will evaluate and summarize the results of the auctions.

16:00 - 17:00  Wrap-up Presentation of the auction results.

Q&A, lessons learned from simulations.