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A Conversation with Vernon Smith and David Porter, May 2, 2006


The George Mason University School of Law's Information Economy Projectis delighted to launch its speakers' series, "Big Ideas about Information," on Tuesday, May 2.

FCC License Auctions: Lessons from a Tumultuous Twelve Years

A Conversation with Vernon Smith and David Porter


This series, featuring world-class thinkers addressing key questions about markets, public policy, and information technology, debuts with an address by two scholars who have made seminal contributions to experimental economics.

Vernon Smith, Professor of Economics & Law at George Mason University and 2002 Nobel Laureate in Economics, and David Porter, Professor, Interdisciplinary Center for Economic Science at

George Mason University, are internationally renowned experts on the structure of auctions. Having been involved in the design and implementation of the competitive bidding mechanisms used by the Federal Communications Commission to award wireless licenses since 1994, there is much to learn from their assessment of how license auctions have worked, how they might be improved, and how they have impacted the allocation of radio spectrum rights.

Speakers: Vernon Smith and David Porter

Topic: Lessons from the FCC's Wireless License Auctions

When:Tuesday, May 2, 2006, 4:00 pm (reception following)

Where: George Mason University School of Law, Room 120

The Law School is located at 3301 Fairfax Drive, Arlington, Virginia, within steps of the Virginia Square-GMU Metro (Orange Line).

Admission is free, but seating is limited. To reserve your spot, please email Masha Khazan, mkhazan@gmu.edu.