In combinatorial clock auctions large amounts of money are at stake. The risks can be huge without adequate preparation and training.
In combinatorial clock auctions, as in any spectrum auction, millions of euros are involved and extensive preparation is needed to mitigate the risks.
Bidders: there are the dangers of not winning any spectrum, paying too much or facing a larger bill than your competitors.
Regulators: you could distort competition, create an inefficient use of frequencies or sell an asset too cheaply. Thorough auction preparation will reduce these dangers.
Combinatorial clock auctions (CCAs) are rapidly becoming the auction format of choice for spectrum regulators, having already been used in UK, the Netherlands, Austria, Switzerland and Denmark, with further CCAs planned across the Globe.
While CCAs have several advantages they are less widely understood than other formats, making course an ideal opportunity to test the theory behind CCAs through mock auctions and other practical exercises.
CCAs also are unique in that they usually require special software to determine the winners and the price they will pay. This course will also give you hands-on experience of using that software.