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20min chapter
149. Stanford’s President Knows He Can’t Make Everyone Happy
People I (Mostly) Admire
Navigating the Economics of Spectrum Auctions
This chapter explores the academic journey of an economist within a distinguished cohort at MIT, reflecting on their challenges and experiences in the evolution of economic theory. It highlights a strategic spectrum auction involving significant players like Comcast and the unique bidding processes employed to efficiently acquire wireless licenses. The discussion delves into the transformative impact of data on economics and the competitive dynamics in high-stakes auction environments.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode