The auction mechanism of spectrum becomes the focus in China with the issuance of 3G license. The uniform-price auctions which aim to reduce the risk of "winner's curse" and the protection of seller's earnings are proposed to in this paper. A model of seller's earnings and the relevant influent factors is established. The equilibrium status which can reduce the risk of "winner's curse" and guarantee the seller's earnings is also mentioned in this paper.
展开▼