Optimal Auctions

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The Optimal Auctions team has a successful track record supporting over $155 billion of mission critical expert auctions. We are the leading provider of expert auction software because it's all we do. Our auction team has unmatched experience designing expert auctions. We collaborate with industry-specific experts in many functional areas including finance, valuation, competition analysis, public policy, market analyses, regulation, and business goal assessment. We provide our clients with knowledgeable and client-specific solutions.

Optimal Auctions provides expert auction software, software customization services, and auction management services to economic consultants, state and federal governments, and leading corporations. Optimal Auctions is a best-in-class software company dedicated to supporting economic consultants in any situation where auctions offer a superior economic choice to traditional brokered transactions.

Description: Optimal Auctions created a mock auction environment for our client to practice their bidding strategies in this wireless spectrum auction. The auction was a combinatorial clock auction (CCA) with unique eligibility rules that were put in place by the Australian regulator (ACMA) to promote competition in the industry. Additionally, unique rules were put in place to encourage usage and deployment of the 700 MHz bands. At the conclusion of the clock bidding phase, additional phases were created to handle the supplement bidding phase and the assignment phase.

Dr. Teece co-founded and is Chairman of the Berkley Research Group (BRG). He has been an active consultant on applied economic and management issues to corporations and governments around the world for over 25 years. As Founder and Chairman, David Teece provides overall leadership for Optimal Auctions' strategic, financial, and organizational development. Dr. Teece is a leading authority on knowledge, innovation, and organizational design particularly as they relate to competition policy and intellectual property.

Optimal Auctions is leading the way in the newly emerging auction format, the Combinatorial Clock Auction. As this format gains in popularity, especially with European spectrum auctions, Optimal Auctions will be at the forefront of the technology and algorithms needed to run these auctions without error. If you are interested in working with this powerful new auction format, you must choose an experienced auction software company that has done this before, especially a company like Optimal Auctions.

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