한국통신시장에서 주파수의심사할당과 경매

Abstract

In granting mobile licenses, most countries adopted one of two license schemes, the beauty contest or the auction, while fewer countries combined the two schemes in order to obtain synergetic effects from them. In 2000, Korea introduced a combined scheme in 3G licensing which reflected the auction scheme in a limited way. The case study on 3G licensing in Korea shows that the hybrid approach can alleviate the negative side effects of the two licensing schemes. The review of licensing experiences after 2000 lead us to take winner’s curse problem of auction mechanism into consideration . Inserting auction scheme into the beauty contest system may be a good candidate for this end by treating it as one of the examination items. This makes it possible to control the influence of the auction by allotting scores to the item. Of course, we can expect the similar effects by establishing the boundaries for bidding. This mechanism can ensure the bidders against the winner’s curse problem by using those tricks. Besides this mechanism, the level of the license fee can be properly measured by an evaluation method based on the rate-of-return regulation.