Bounded Rationality at Large: Technological Standards in Airwaves Auctions

J.P. Bruggeman, Hendrik Jan Visser, H.J. Visser, Wouter van Rossum

Research output: Contribution to journalArticleAcademicpeer-review


In industries characterized by several technological standards, each with positive network externalities, competition is different from industries with technologically "loosely coupled" organizations. We therefore expected that in airwaves auctions for mobile telephony in the U.S., network externalities would show up in firms' bidding. They did, although most firms were penny-wise but pound-foolish.
Original languageUndefined
Pages (from-to)169-173
Number of pages5
JournalSocial forces
Issue number1
Publication statusPublished - 2003


  • METIS-220438
  • IR-58643

Cite this