Karen Wrege
Founder, Wrege Associates
Analysis Group Contact
Education:
B.S./B.A., business administration, American University
Summary of Experience:
Ms. Wrege has over 15 years of experience in implementing high-stakes public and private electronic auctions and over 20 years of experience in managing software development projects. She served as manager of the U.S. Federal Communications Commission's spectrum auctions beginning in 1994. These auctions allocated newly opened frequencies for commercial telecommunications use and brought in more than $15 billion to the U.S. Treasury. Ms. Wrege oversaw complete software development and implementation of these electronic auctions. The project required converting economic game theory rules for simultaneous multiple round auctions to a working electronic auction model that had never been implemented before. Over the past several years, Ms. Wrege has managed the development of the first multi-round combinatorial auction for the U.S. Government. The system processed hundreds of thousands of bids from thousands of bidders in multiple auctions simultaneously and resulted in the flawless completion of 59 high-stakes auctions.
Ms. Wrege is the founder of Wrege Associates, a consultancy to international licensing authorities, private and non-profit businesses, and auction bidders in the United States. A partial list of clients includes Industry Canada, The Telecommunications Authority of Trinidad and Tobago, BizAuctionPlace, Inc., as well as several major cable, commercial, and private wireless providers in the U.S.